Skillsoft Q3 2026 Earnings Call: Key Takeaways and Outlook

Skillsoft Corp. presented its Q3 2026 earnings call with management highlighting steady subscription demand, product momentum, and a focused path to margin expansion. The company emphasized recurring revenue strength driven by enterprise renewals and continued adoption of its learning and compliance platforms across global customers.

Management outlined revenue trends without releasing specific line-item figures in this presentation, describing healthy year-over-year subscription growth and improving gross margins attributable to operating efficiencies and product mix. The sales organization reportedly saw progress in cross-sell initiatives, particularly for compliance and upskilling bundles, which management said helped deepen customer relationships and increase average contract value.

On profitability, the company reiterated its multi-quarter plan to reduce adjusted operating expenses and leverage fixed costs as revenue scales. Cost discipline paired with higher-margin subscription revenue was positioned as the primary driver toward improved adjusted EBITDA in coming quarters. Cash flow and liquidity remain priorities; management confirmed ongoing monitoring of working capital and capital allocation to balance investment in product innovation with shareholder returns.

Product and market updates featured enhancements to Skillsoft’s learning experience and analytics capabilities, aimed at increasing engagement and enabling enterprise buyers to better measure learning outcomes. The firm also highlighted partnerships and integrations that expand its addressable market in regulated industries.

Looking ahead, the company provided directional guidance emphasizing continued subscription growth and sequential margin improvement while acknowledging macroeconomic uncertainties that could influence enterprise IT and training budgets. Management signaled readiness to adjust spending and prioritize high-return investments if market conditions weaken.

For investors, the presentation conveyed a disciplined growth narrative: prioritize recurring revenue, improve profitability through efficiency, and invest in product features that drive customer retention and expansion. Stakeholders should watch forthcoming quarterly disclosures for concrete revenue, margin, and cash-flow metrics to validate the qualitative progress detailed in this call.