Skillsoft (NYSE:SKIL), a global leader in corporate digital learning and skills management, reported its financial results for the fourth quarter and full fiscal year ended January 31, 2026, on April 7, 2026.
The company demonstrated significant progress in operational efficiency and cash flow generation despite a slight decline in consolidated revenue.
Total revenue for the fourth quarter was $131 million, compared to $134 million in the prior-year period.
The company's core Talent Development Solutions (TDS) segment remained resilient, posting revenue of $103 million, which was flat year-over-year.
However, the Global Knowledge segment saw a decrease to $28 million from $31 million in the previous year, reflecting broader shifts in the professional certification market.
Despite the top-line contraction, Skillsoft achieved notable improvements in its profitability metrics.
Adjusted EBITDA rose to $31 million, reflecting an adjusted EBITDA margin of 24%—a 200-basis-point expansion from the 22% margin reported in the fourth quarter of fiscal 2025.
This improvement was largely driven by disciplined cost management and a strategic shift toward higher-margin digital subscription services.
On the bottom line, Skillsoft reported a net loss of $37 million, or $4.19 per share, compared to a net loss of $31 million, or $3.75 per share, in the prior year.
The increased net loss was attributed to non-cash charges and restructuring costs associated with the company’s ongoing platform consolidation.
A standout highlight for the quarter was the company's cash flow performance.
Skillsoft generated $27 million in free cash flow, more than double the $13 million generated in the fourth quarter of the prior year.