Skillsoft Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $512.7M | $531.0M | $553.2M | $555.1M | $514.0M |
| Cost of Revenue | $134.6M | $134.9M | $153.2M | $152.0M | $96.0M |
| Gross Profit | $378.0M | $396.1M | $400.1M | $403.1M | $418.0M |
| Gross Margin | 73.7% | 74.6% | 72.3% | 72.6% | 81.3% |
| Operating Expenses | |||||
| Research & Development | $55.6M | $60.8M | $68.0M | $69.8M | $68.0M |
| SG&A Expense | $80.6M | $92.4M | $95.9M | $109.6M | $57.4M |
| Operating Income | $-89.5M | $-69.6M | $-308.6M | $-804.1M | $-906.9K |
| Operating Margin | -17.5% | -13.1% | -55.8% | -144.9% | -0.2% |
| Interest Expense | $58.5M | $63.5M | $65.3M | $53.5M | $5.7M |
| Pretax Income | $-153.5M | $-127.6M | $-364.9M | $-831.0M | $-72.0M |
| Income Tax Expense | $-13.7M | $-5.7M | $-16.3M | $-41.0M | $486.8K |
| Net Income | $-139.8M | $-121.9M | $-349.3M | $-725.0M | $-72.5M |
| Net Margin | -27.3% | -23.0% | -63.1% | -130.6% | -14.1% |
| EPS (Basic) | $-16.27 | $-14.87 | $-43.38 | $-91.26 | $-0.84 |
| EPS (Diluted) | — | — | — | — | $-0.84 |
| Shares Outstanding (Basic) | 8.6M | 8.2M | 8.1M | 7.9M | 17.3M |
| Shares Outstanding (Diluted) | 8.6M | 8.2M | 8.1M | 7.9M | 17.3M |
| Dividends Per Share | — | — | — | — | — |