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NYSE: SKIL Skillsoft Corp. 8-K

Skillsoft to divest Global Knowledge segment, reports Q1 revenue down 5% to $94.5M

Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read

Key Changes

  • high

    Classified Global Knowledge segment as held for sale as of April 30, 2026, with sale agreement to Enduring Ventures announced in May; divestiture aims to simplify operations and focus on core AI-native skills platform.

    Exhibit 99.1 verify on EDGAR →
  • high

    Q1 FY2027 continuing operations revenue $94.5M (down 5% YoY); net loss improved 37% to $18.7M; adjusted EBITDA $27M (28% margin, up from 27%); free cash flow $25M (down from $26M prior year).

    Exhibit 99.1 verify on EDGAR →
  • medium

    New Percipio platform customer agreements grew 67% quarter-over-quarter; quarterly dollar retention rate reached 105% (up from 91% prior year), though last-twelve-months DRR of 98% down one point YoY.

    Exhibit 99.1 verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Generated by AI · Jun 19, 2026 8:36 PM