Recent Updates — SKIL
Skillsoft Corp. reported financial results for the fiscal second quarter ended July 31, 2026, following the completion of its Global Knowledge divestiture in July 2026. Continuing operations revenue decreased 3% year-over-year to $98.2 million, while net loss improved by 17% to $15.0 million and adjusted EBITDA rose to $33 million with a 34% margin. The company updated its full-year fiscal 2027 revenue guidance downward to $380–$390 million from the previous range of $388–$406 million, while maintaining adjusted EBITDA and free cash flow targets. Skillsoft operates in the corporate training and skills management industry.
Skillsoft Corp. announced that Helena B. Foulkes resigned from its Board of Directors and all committee memberships, effective August 31, 2026. Ms. Foulkes had served on the board since June 2021 and was a member of the Audit, Talent and Compensation, and Nominating and Governance committees. The company stated that her resignation did not result from any disagreement with management regarding financials, operations, policies, or practices. Skillsoft Corp. operates in the corporate learning and development industry, providing digital training solutions to enterprises.
Skillsoft Corp. completed the sale of its Global Knowledge Training LLC business to EHJob GP LLC for approximately $5.4 million in initial consideration and $10.0 million in deferred consideration, less $2.0 million in long-term employee liabilities. The initial payment is due July 31, 2026, with a $2.0 million portion extendable to October 31, 2026. Skillsoft Corp. is an enterprise skills management platform provider in the technology industry.
At its 2026 Annual Meeting of Stockholders held on June 25, 2026, Skillsoft Corp. stockholders approved the Second Amendment to the 2020 Omnibus Incentive Plan. This amendment increases the number of Class A Common Stock shares available for issuance under the plan by 550,000, raising the total from 3,755,658 to 4,305,658 shares. Additionally, shareholders elected three Class II directors, approved executive compensation on an advisory basis, and ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2027. Skillsoft Corp. provides corporate digital learning and professional development solutions.
Skillsoft Corp. announced that EHJob GP LLC has received regulatory approval from the General Authority for Competition of Saudi Arabia to proceed with the sale of the company's Global Knowledge business. The company expects to close the Transaction in the second fiscal quarter. Skillsoft Corp. provides digital learning and professional development solutions for enterprises and individuals.
On June 9, 2026, Skillsoft Corp. issued a press release reporting its financial results for the fiscal quarter ended April 30, 2026. The company also posted an earnings supplement presentation to its investor relations website. Skillsoft Corp. provides digital learning and corporate training solutions.