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Skillsoft and edX Form Strategic Partnership to Expand University-Led Learning in The Skillsoft Platform
Businesswire· 2025-12-18 13:30
"Learning delivers the most value when it stays connected to how skills are built and used across the organization,†said Matthew Glitzer, Chief Revenue Officer, Skillsoft. "By integrating edX programs into the Skillsoft platform, customers gain access to trusted academic learning that fits into a continuous skills journey, supporting stronger adoption, improved retention, and better alignment with business priorities.†Leading institutions, including the University of Oxford, Saïd Business School, Harvard ...
Skillsoft (SKIL) - 2026 Q3 - Earnings Call Presentation
2025-12-10 22:00
Financial Performance - Talent Development Solutions (TDS) revenue was $100.8 million, a decrease of $2.2 million or 2% year-over-year[23] - Global Knowledge (GK) revenue declined by 18% in Q3 FY2026[27] - Q3 FY2026 Adjusted EBITDA was $28.0 million, representing 22% of revenue, a decrease of approximately 160 basis points year-over-year[23] - Q3 FY2026 Free Cash Flow was negative $23.6 million[31] - Adjusted Operating Expenses were $101.0 million, a decrease of 4.1% year-over-year[32,41] Key Performance Indicators - Last Twelve Months (LTM) Dollar Retention Rate (DRR) was approximately 99%, an increase of 1 percentage point year-over-year[21,23] - TDS federal business DRR was 104% in the quarter[21] Strategic Initiatives - Launched the next-generation Skillsoft Percipio Platform with AI capabilities[21] - AI drives more than half of the design, curation, and production work for learning content[14] - Undertook a strategic review of the Global Knowledge segment, concluding that a partnership-driven model is more appropriate than continued ownership[14] Geographic Mix - Revenue geographic mix: 65% United States, 26% EMEA, 9% rest of world[27]