Company: Skillsoft Corp.

Ticker: SKIL

Report Date: April 7, 2026, after market close.

Conference Call: 5:00 PM ET the same day.

📊 Wall Street Expectations (Q4 FY2026)

Estimated EPS: about $1.26 to $1.27 per share, based on the public estimate feeds I could verify.

Estimated Revenue: about $130.15 million.

One wrinkle here: those public EPS figures do not look directly comparable to Skillsoft’s GAAP EPS. Last quarter, estimate trackers showed a positive consensus/“reported EPS” figure, while Skillsoft’s own release reported a GAAP net loss per share of $4.74, so I’d treat the EPS setup as a screen-consensus signal rather than a clean GAAP benchmark.

📈 Key Things Traders Are Watching

Global Knowledge strategic-alternatives update  
This is probably the biggest company-specific swing factor. In the Q3 release, Skillsoft said it had launched a strategic review of the Global Knowledge business and was focused on a potential sale/partnership-style outcome. Management also said GK had a “considerable negative impact” on revenue, earnings, and cash flow and was masking stabilization in the core TDS business.

Whether TDS is actually inflecting back toward growth  
Management’s core pitch is that the Talent Development Solutions segment is getting healthier even if consolidated results still look messy. In Q3, TDS revenue was $101 million, down 2% year over year, LTM DRR was 99%, and Skillsoft said the federal business recovered to 104% DRR for the quarter. The call matters because investors will want proof that TDS can stabilize or grow even if GK remains a drag.

How much of the quarter is about AI product traction versus just narrative  
Skillsoft has been leaning hard into the AI-native workforce-skilling story. In Q3 it highlighted the next-generation Percipio Platform and said it had already signed its first four large enterprise customers for that platform; this week it also said CAISY usage rose 146% year over year and simulation launches rose 341%. That makes product adoption commentary important, because the market will want evidence that AI engagement is turning into durable enterprise demand.

Cash flow and leverage  
This is still a real watch item. In Q3, free cash flow was negative $24 million, cash/cash equivalents/restricted cash ended at about $77.5 million, and long-term debt was about $570.2 million, with another $1.0 million borrowed under the accounts receivable facility. For SKIL, the balance-sheet discussion matters almost as much as the revenue line.

NYSE compliance risk  
This is the fresh overhang heading into the print. On March 30, Skillsoft said it had received an NYSE notice because its 30-trading-day average market cap was below $50 million and its last reported stockholders’ equity was also below $50 million. The company said it has 18 months to cure the deficiency, subject to NYSE approval of its business plan, and that the stock remains listed during the cure period.

Guidance credibility  
Last quarter, because of the GK strategic review, Skillsoft stopped giving consolidated remainder-of-year guidance for GK and instead kept only TDS guidance of $400 million to $410 million in revenue and $112 million to $116 million of adjusted EBITDA for fiscal 2026. So this call is not just about Q4 results; it is also about whether management can restore cleaner full-company visibility.

Last quarter for context  
In Q3 FY2026, Skillsoft reported total revenue of $129 million, TDS revenue of $101 million, GK revenue of $28 million, net loss of $41 million, GAAP net loss per share of $4.74, and adjusted EBITDA of $28 million.

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