SKILW · As filed with the SEC

Skillsoft income statement, by quarter

The statement as Skillsoft presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Unaudited Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q2 2027 3 months ended Jul 31, 2026	Q1 2027 3 months ended Apr 30, 2026	Q4 2026^† 3 months ended Jan 31, 2026	Q3 2026 3 months ended Oct 31, 2025	Q2 2026^† 3 months ended Jul 31, 2025	Q1 2026 3 months ended Apr 30, 2025	Q4 2025^† 3 months ended Jan 31, 2025	Q3 2024 3 months ended Oct 31, 2024
Revenues:
Total revenues	98,248	94,498	130,653^†	128,998	128,822	124,201	133,753^†	137,225
Operating expenses:
Costs of revenues	15,147	15,889	34,223^†	35,279	32,889	32,247	33,625^†	34,312
Content and software development expenses	11,635	13,052	13,418^†	13,789	14,317	14,102	15,321^†	14,937
Selling and marketing expenses	26,095	26,960	38,217^†	36,078	39,591	39,609	40,288^†	39,615
General and administrative expenses	16,095	15,994	17,055^†	21,175	19,467	22,952	25,974^†	21,686
Amortization of intangible assets	21,537	29,561	32,226^†	32,068	31,444	31,608	32,019^†	31,826
Impairment of goodwill and intangible assets	—	—	10,945^†	20,771	—	—	0^†	—
Acquisition and integration related costs	0	0	52^†	17	787	523	898^†	931
Restructuring charges	4,365	1,341	9,665^†	4,150	2,157	1,346	2,912^†	3,095
Total operating expenses	94,874	102,797	155,801^†	163,327	140,652	142,387	151,037^†	146,402
Operating income (loss)	3,374	(8,299)	(25,148)^†	(34,329)	(11,830)	(18,186)	(17,284)^†	(9,177)
Other income (expense), net	1,627	2,606	(1,188)^†	(1)	(61)	(2,446)	(584)^†	(538)
Fair value adjustment of warrants	—	—	—	—	—	—	0^†	0
Fair value adjustment of interest rate swaps	758	1,245	(127)^†	(1,478)	2,128	(4,256)	869^†	(822)
Interest income	697	545	389^†	487	520	463	629^†	924
Interest expense	(14,240)	(13,748)	(14,355)^†	(14,757)	(14,962)	(14,396)	(14,978)^†	(15,845)
Income (loss) before provision for (benefit from) income taxes	(7,784)	(17,651)	(40,429)^†	(50,078)	(24,205)	(38,821)	(31,348)^†	(25,458)
Provision for (benefit from) income taxes	7,209	1,044	(3,721)^†	(8,799)	(417)	(772)	(241)^†	(1,859)
Net income (loss) from continuing operations	—	—	—	—	—	—	(31,107)^†	(23,599)
Gain (loss) on sale of business	—	—	—	—	—	—	0^†	0
Income (loss) from continuing operations	(14,993)	(18,695)	—	—	(17,985)^†	—	—	—
Income (loss) from discontinued operations, net of income taxes	(27,375)	(24,419)	—	—	(5,803)^†	—	—	—
Net income (loss)	(42,368)	(43,114)	(36,708)^†	(41,279)	(23,788)	(38,049)	(31,107)^†	(23,599)
Per basic and diluted share:
Income (loss) from continuing operations (in dollars per share)	(1.67)	(2.12)	—	—	—	—	—	(2.86)
Income (loss) from discontinued operations (in dollars per share)	(3.04)	(2.77)	—	—	—	—	—	0.00
Net income (loss) (in dollars per share)	(4.71)	(4.89)	—	(4.74)	(2.78)	(4.57)	—	(2.86)
Weighted average common shares outstanding:
Basic and diluted (in shares)	8,988,884	8,811,277	—	8,708,893	8,567,973	8,324,864	—	8,239,564,000

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.