| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 64.05 | 7.3% |
| Total Income | 64.05 | 7.3% |
| Expenditure | 67.70 | 0.1% |
| PBT | -3.63 | 328.3% |
| Net Profit | -3.29 | 378.8% |
| OPM | -5.70% | 7.84pp |
| NPM | -5.13% | 6.84pp |
| EPS | -0.27 | 400.0% |
Franklin Covey Reports Q1 FY2026 Results: Revenue $64.0 Million
04 May 2026 · 4 May, 1:51 am
Summary
Franklin Covey Co. reported its financial results for the first quarter of fiscal year 2026, which ended on November 30, 2025. Consolidated revenue for Q1 FY2026 was $64.0 million, a decrease from $69.1 million in Q1 FY2025. The company experienced a net loss of $(3.3) million, or $(0.27) per share, compared to a net income of $1.2 million, or $0.09 per diluted share, in the prior year. Despite the decrease in revenue and net loss, Enterprise North America invoiced amounts grew by 7%. The company affirms its annual guidance for fiscal 2026, expecting revenue between $265 million and $275 million and Adjusted EBITDA between $28 million and $33 million.
Key Highlights
- 1
Franklin Covey's consolidated revenue for Q1 FY2026 was $64.0 million, compared to $69.1 million in Q1 FY2025.
- 2
Enterprise North America invoiced amounts increased by 7% during the quarter.
- 3
Deferred subscription revenue increased by 5% year-over-year, reaching $100.2 million.
- 4
The company realized a net loss for Q1 FY2026 of $(3.3) million, or $(0.27) per share, compared to a net income of $1.2 million, or $0.09 per diluted share, in Q1 FY2025.
- 5
Adjusted EBITDA for Q1 FY2026 was $3.7 million, compared to $7.7 million in the prior year.
- 6
During Q1 FY2026, the Company purchased approximately 624,000 shares of its common stock for $11.1 million.
- 7
The Company affirms annual guidance for fiscal 2026 with total revenue expected in the range of $265 million to $275 million and Adjusted EBITDA in the range of $28 million to $33 million.
Management Comments
Paul Walker
Our first-quarter results are a clear reflection of the transition point we anticipated. We are pleased with the 7% growth in invoiced amounts in Enterprise North America overall, which reflects our strong performance despite macro uncertainties over the past year. Our go-to-market sales transition is now complete, and we are beginning to see the acceleration in invoiced amounts, which will translate into increased future revenue, EBITDA, and Free Cash Flow in the back-half of this year and into FY2027.
Jessi Betjemann
During the first quarter, our healthy balance sheet enabled us to complete the $10.0 million 10b5-1 plan which we announced in August and initiate a new $20.0 million 10b5-1 plan in November. These actions demonstrate our confidence in our long-term plan and our ongoing commitment to creating shareholder value.”
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