Franklin Covey Co. (FC) Earnings Call Transcripts

Franklin Covey Co.'s Latest Earnings Call - Q2 FY2026

Franklin Covey Co. reported its second quarter fiscal 2026 results, showing a solid performance with revenue of $59.6 million, flat year-over-year, but with a notable 5% growth in invoiced amounts. Adjusted EBITDA increased by 99% to $4.1 million, reflecting cost efficiencies and stable revenue. Management reaffirmed fiscal 2026 guidance, projecting revenue between $265 million and $275 million and adjusted EBITDA between $28 million and $33 million. The company highlighted strong performance in its Education division, with a 16% revenue increase, and positive momentum in Enterprise North America, driven by strategic investments and market demand.

Reported metrics

Guidance from management

Management reaffirmed fiscal 2026 guidance with revenue expected between $265 million and $275 million, and adjusted EBITDA between $28 million and $33 million. They anticipate strong invoice growth to drive future revenue and EBITDA expansion.

What management said

Thank you, Jessi. That was great. And as we prepare to open the line for questions, I'll just reiterate what Jessi said in thanking our teams for their hard work. We're pleased with the momentum that we're seeing right now across the business and look forward to a great second half of our year. And with that, we'll ask the operator to open up the line for questions.

A little bit more on EBITDA as we talk about our restructuring and some of the cost operating leverage will increase towards the back half of the year, but more heavily weighted towards Q4, but then also because of the contributions of EBITDA coming from Education in Q4.

What analysts pressed on

Analysts questioned the sustainability of invoice growth and the impact of macroeconomic conditions on future performance. There were also inquiries about the potential for margin expansion and the company's strategy in leveraging AI transformations.

Main topics on the call

• Enterprise North America Growth — Enterprise North America invoiced amounts grew 7%, with strong sales to new clients and significant expansion within existing accounts. Deferred subscription revenue increased 16% year-over-year, indicating robust client...
• Education Division Performance — The Education division reported a 16% increase in revenue, driven by strong demand for Leader in Me services and materials. Management highlighted a robust pipeline of state-level and district opportunities, supported by...
• International Business Performance — International invoiced amounts grew 7%, with direct offices showing a 14% increase. Growth was partially aided by foreign exchange benefits, particularly in France and China.
• Cost Management and Restructuring — Operating expenses decreased by 6% due to reduced associate costs and restructuring efforts. Adjusted EBITDA saw a significant increase due to these cost efficiencies.

Read the full Franklin Covey Co. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Franklin Covey Co. earnings call transcripts on record, spanning January 9, 2020 to July 1, 2026. Based on this history, Franklin Covey Co. reports quarterly. The most recent call on file is dated July 1, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FC

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Professional Services

Calls on record

28

First call

January 9, 2020

Most recent

July 1, 2026

Reporting cadence

quarterly