FranklinCovey Earnings Reports

Franklin Covey experienced a challenging Q2 2025, with revenue slightly declining and net income turning negative. Despite headwinds from canceled government contracts and weaker international performance, the company saw strength in its Education Division and promising traction from its revamped go-to-market strategy.

FranklinCovey reported a 1% increase in consolidated revenue for the first quarter of fiscal 2025, reaching $69.1 million. The Education Division saw an 11% revenue increase, while the Enterprise Division's revenue decreased slightly. The company is undergoing a sales force restructuring in North America, and operating income and net income decreased compared to the prior year.

Franklin Covey reported strong Q4 results, with revenue up 8% to $84.1 million and net income up 76% to $12.0 million. The company's performance reflects the successful transition to a technology-enabled content and services subscription business model.

Franklin Covey reported a 3% increase in consolidated revenue to $73.4 million for the third quarter of fiscal 2024. Net income increased by 25% to $5.7 million, and Adjusted EBITDA rose by 17% to $13.9 million. The company reaffirmed its fiscal 2024 guidance and continues to expect Adjusted EBITDA to be at the low end of its previously announced range.

Franklin Covey reported second quarter fiscal 2024 financial results with consolidated revenue totaling $61.3 million. The company's subscription and subscription services sales reached $50.3 million. Net income was $0.9 million, or $0.06 per diluted share, and Adjusted EBITDA was $7.4 million.

Franklin Covey reported consolidated sales of $68.4 million for Q1 2024, slightly below the $69.4 million from Q1 2023. Subscription and subscription services sales reached a record $54.8 million. The company reaffirmed its fiscal year 2024 Adjusted EBITDA guidance of $54.5 million to $58.0 million.

Franklin Covey's Q4 2023 results showed a slight decrease in consolidated sales but an increase in gross profit and net income. The company's Enterprise Division and AAP subscription sales experienced growth, while the Education Division saw a slight decline. Adjusted EBITDA improved by 24% compared to the previous year.

Franklin Covey reported an 8% increase in consolidated sales, reaching a record $71.4 million. Education Division revenues grew by 18%, and the sum of billed and unbilled deferred subscription revenue increased by 21% to $140.9 million. Pre-tax income increased by 18% to $6.6 million, and Adjusted EBITDA increased by 9% to $11.9 million.

Franklin Covey reported a 9% increase in consolidated sales to $61.8 million for the second quarter of fiscal 2023, with All Access Pass subscription and Education Division revenues driving growth. The company's gross margin remained strong at 76.4%, and Adjusted EBITDA increased to $8.2 million.

Franklin Covey reported strong Q1 2023 results, with a 13% increase in consolidated sales to $69.4 million and a 22% increase in net income to $4.7 million. The company's All Access Pass subscription and Education Division revenues drove growth, and the company reaffirmed its fiscal 2023 earnings guidance.

FranklinCovey reported a strong fourth quarter with a 14% increase in sales to $78.8 million. The company's performance was driven by growth in All Access Pass subscriptions and Education Division revenues. Operating income increased by 101% to $8.7 million, and Adjusted EBITDA increased by 26% to $13.3 million.

Franklin Covey reported a strong third quarter with a 13% increase in sales to $66.2 million. The growth was fueled by a 32% increase in All Access Pass subscription and subscription services sales, and a 21% increase in Education Division revenues. Operating income increased by 91% to $5.9 million, and adjusted EBITDA increased by 27% to $10.9 million. The company's liquidity remained strong with $52.1 million in cash and $15 million available on its revolving line of credit.

Franklin Covey reported strong second-quarter results with an 18% increase in sales to $56.6 million, driven by subscription growth. Operating income rose to $3.5 million, and Adjusted EBITDA increased by 57% to $8.0 million. The company also increased its earnings guidance for fiscal year 2022.

FranklinCovey's first quarter of fiscal 2022 showed strong growth, with a 27% increase in sales to a record $61.3 million. All Access Pass subscriptions and Education Division revenues also grew significantly, contributing to a 167% increase in Adjusted EBITDA to $9.9 million.

Franklin Covey reported a record fourth-quarter sales increase of 41% to $68.9 million, driven by strong subscription and subscription services sales. Adjusted EBITDA increased 18% to $10.6 million, and net income improved 84% to $1.8 million.

Franklin Covey reported strong third-quarter results for fiscal year 2021, with record sales of $58.7 million, a 43% increase in All Access Pass subscription and subscription services sales, and a significant increase in adjusted EBITDA to $8.6 million.

FranklinCovey reported strong second quarter fiscal 2021 results driven by the continued success of its All Access Pass subscription model and the strength of its subscription business overall. The company's operating income and Adjusted EBITDA exceeded expectations, with Adjusted EBITDA increasing 26% to $5.1 million. Cash flows from operating activities increased 26% to $21.9 million in the first two quarters of fiscal 2021, and the company ended the quarter with $40.3 million in cash.

Franklin Covey reported strong Q1 fiscal 2021 results, driven by the All Access Pass and Leader in Me membership. Gross margins increased and operating expenses decreased, allowing income from operations to remain effectively even with the prior year despite the pandemic. Cash flows from operating activities increased 59% to $10.9 million.

Franklin Covey reported Q4 2020 results impacted by COVID-19 but better-than-expected due to subscription business strength and a shift to live-online content. All Access Pass sales grew 15% during Q3 and Q4, with revenue retention over 90% for the year. Net income was $1.0 million, or $0.07 per diluted share, and Adjusted EBITDA was $8.9 million.

FranklinCovey reported a challenging third quarter due to the COVID-19 pandemic, which led to office and school closures and the postponement of onsite training and coaching. While overall sales decreased, the subscription business remained strong. The company is focusing on digital delivery systems and investing in new content and electronic delivery capabilities.

Franklin Covey reported a strong second quarter of fiscal 2020, with a 7% increase in net sales to $53.7 million and a 321% increase in Adjusted EBITDA to $4.1 million. The company saw growth in both the Enterprise and Education Divisions, driven by increased sales of subscription services and All Access Pass offerings. However, the company withdrew its full-year guidance due to the uncertainty and fluidity of the ongoing business and educational institution disruptions resulting from the COVID-19 pandemic.

Franklin Covey reported a strong first quarter for fiscal year 2020, with a 9% increase in net sales to $58.6 million and a 57% increase in Adjusted EBITDA to $5.0 million. The company saw growth in both the Enterprise and Education Divisions and reaffirmed its fiscal year 2020 Adjusted EBITDA guidance.