revenue $98.2M, net income -$42.4M. Skillsoft swings to operating profit but net loss widens 78% after GK sale

Filed September 9, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 9, 2025 · ~1 min read

Key Changes

• high

  Sold its Global Knowledge (GK) business on July 6, 2026, shifting to a single segment and removing a major revenue stream.

  MD&A: GK business sale verify on EDGAR →
• high

  Net loss widened 78.1% to $42.4M despite operating income swinging positive to $3.4M, driven by below-the-line items including a $7.8M uncertain tax position increase.

  MD&A: Earnings quality verify on EDGAR →
• high

  Buyer of GK business missed a $3.4M seller note payment due July 31, 2026; only $0.5M paid as of Sept 1, with full payment expected by Oct 31.

  MD&A: Seller note default verify on EDGAR →