Franklin Covey Company · NYSE:FC

Franklin Covey — Q2 2026 Earnings Presentation

20 slides from Franklin Covey's earnings presentation, Apr 1, 2026

  1. Slide 1: Second Quarter Fiscal 2026 Investor Update

    Second Quarter Fiscal 2026 INVESTOR UPDATE APRIL 1, 2026 © Franklin Covey Co. All rights reserved. PROPRIETARY AND CONFIDENTIAL

  2. Slide 2: Forward-Looking Statements and Non-GAAP Measures

    Forward -Looking Statements and Non -GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon management’s current expectations and are subject to various risks and uncert

  3. Slide 3: Franklin Covey – Q2FY26 Key Metrics

    Franklin Covey – Q2FY26 Key Metrics IN MILLIONS AND UNAUDITED Q2FY26 Performance Snapshot Q2FY26 Revenue YTD Q2FY26 Revenue Q2FY26 Adjusted EBITDA $59.6M $123.7M $4.1M Prior: $59.6M (Q2FY25) Prior: $128.7M (YTD Q2FY25) Prior: $2.1M (Q2FY25) YTD Q2FY26 Adjusted EBITDA Q2FY26 Deferred YTD Q2FY26 Free

  4. Slide 4: Enterprise Division: North America – Q2FY26 Key Metrics

    Enterprise Division: North America IN MILLIONS AND UNAUDITED – Q2FY26 Key Metrics Q2FY26 Performance Snapshot Q2FY26 Revenue Q2FY26 Invoiced Q2FY26 Subscription & Services Revenue $32.5M $42.7M $30.9M Prior: $34.5M (Q2FY25) Prior: $40.0M (Q2FY25) Prior: $32.0M (Q2FY25) Q2FY26 Billed Deferred Q2FY26

  5. Slide 5: Enterprise Division: International – Q2FY26 Key Metrics

    Enterprise Division: International – Q2FY26 Key Metrics IN MILLIONS AND UNAUDITED Q2FY26 Performance Snapshot Q2FY26 Revenue YTD Q2FY26 Revenue Q2FY26 Invoiced $9.2M $20.4M $9.3M Prior: $9.0M (Q2FY25) Prior: $20.5M (YTD Q2FY25) Prior: $8.7M (Q2FY25) © Franklin Covey Co. All rights reserved. PROPRIET

  6. Slide 6: Education Division – Q2FY26 Key Metrics

    Education Division – Q2FY26 Key Metrics IN MILLIONS AND UNAUDITED Q2FY26 Performance Snapshot Q2FY26 Revenue Q2FY26 Invoiced $17.5M $8.5M Prior: $15.1M (Q2FY25) Prior: $8.6M (Q2FY25) Q2FY26 Subscription & Q2FY26 Billed Deferred Services Revenue Revenue Balance $15.7M $36.1M Prior: $13.5M (Q2FY25) Pr

  7. Slide 7: Fiscal 2026 Guidance

    Fiscal 2026 Guidance The Company continues to affirm guidance provided in November 2025. FY2026 Guidance (in constant currency) Revenue $265M - $275M EBITDA $28M - $33M © Franklin Covey Co. All rights reserved. PROPRIETARY AND CONFIDENTIAL 7

  8. Slide 8: Appendix

    Appendix © Franklin Covey Co. All rights reserved. PROPRIETARY AND CONFIDENTIAL 8

  9. Slide 9: Franklin Covey Financial Headlines

    Appendix Franklin Covey Financial Headlines IN MILLIONS AND UNAUDITED Franklin Covey Q2 FY26 Q2 FY25 $Δ %Δ YTD Q2 FY 26 YTD Q2 FY 25 $Δ %Δ LTM Q2 FY 26 LTM Q2 FY 25 $Δ %Δ Revenue 59.6 59.6 0.0 0.1% 123.7 128.7 (5.0) -3.9% 262.1 286.2 (24.1) -8.4% Gross Profit % 45.3 45.7 (0.5) -1.0% 93.6 98.5 (4.8)

  10. Slide 10: Revenue Information

    Appendix Revenue Information IN MILLIONS AND UNAUDITED FY 2024 FY 2025 FY 2026 Q1 Q2 Q3 Q4 Full Year Q1 Q2 Q3 Q4 FY2025 Q1 Q2 Balance Sheet Roll-Forward of Deferred Revenue Beginning Balance 99.0 87.2 86.1 83.8 99.0 107.9 95.7 94.4 89.3 107.9 111.7 100.2 Subscription & Committed Services Invoiced 24

  11. Slide 11: Franklin Covey Revenue Analysis

    Appendix Franklin Covey Revenue Analysis IN MILLIONS AND UNAUDITED Enterprise Division Education Division Corporate Total Company Second Quarter FY26 FY25 Change % FY26 FY25 Change % FY26 FY25 Change FY26 FY25 Change % Revenue Subscription Revenue 24.1 25.1 (0.9) -3.7% 12.0 10.1 1.9 19.1% - - - 36.2

  12. Slide 12: Reconciliation Net Income (Loss) to Adj. EBITDA

    Appendix Reconciliation Net Income (Loss) to Adj. EBITDA IN THOUSANDS AND UNAUDITED Quarter Ended Two Quarters Ended February 28, February 28, February 28, February 28, 2026 2025 2026 2025 Reconciliation of net income (loss) to Adjusted EBITDA: Net income (loss) $ (1,982) $ (1,076) $ (5,271) $ 105 A

  13. Slide 13: Free Cash Flow

    Appendix Free Cash Flow IN THOUSANDS AND UNAUDITED Two Quarters Ended February 28, February 28, 2026 2025 (unaudited) CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) $ (5,271) $ 105 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amort

  14. Slide 14: Enterprise Division Financial Summary

    Appendix Enterprise Division Financial Summary IN MILLIONS AND UNAUDITED Enterprise Q2 FY26 Q2 FY25 $Δ %Δ YTD Q2 FY 26 YTD Q2 FY 25 $Δ %Δ LTM Q2 FY 26 LTM Q2 FY 25 $Δ %Δ Revenue 41.6 43.6 (1.9) -4.4% 89.1 95.1 (6.0) -6.3% 182.0 205.2 (23.2) -11.3% Gross Profit % 34.2 36.0 (1.8) -5.0% 72.5 77.8 (5.4)

  15. Slide 15: Enterprise Division Subscription & Related Revenue

    Appendix Enterprise Division Subscription & Related Revenue IN MILLIONS AND UNAUDITED Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 YTD Q2FY25 YTD Q2FY26 LTM Q2FY25 LTM Q2FY26 Subscription Revenue $25.1 $25.0 $25.6 $25.2 $24.1 $51.5 $49.4 $104.7 $100.0 Subscription Service Revenue 11.0 14.9 14.0 12.2 11.0 25.6

  16. Slide 16: Education Division Financial Summary

    Appendix Education Division Financial Summary IN MILLIONS AND UNAUDITED Education Q2 FY26 Q2 FY25 $Δ %Δ YTD Q2 FY 26 YTD Q2 FY 25 $Δ %Δ LTM Q2 FY 26 LTM Q2 FY 25 $Δ %Δ Revenue 17.5 15.1 2.4 16.2% 33.6 31.5 2.1 6.5% 76.7 76.2 0.5 0.7% Gross Profit % 10.8 9.3 1.5 15.5% 20.7 19.7 0.9 4.8% 48.7 49.1 (0.

  17. Slide 17: Other Information

    Appendix Other Information OTHER INCOME STATEMENT INFORMATION: • Depreciation: $4.1M in FY2025, expected to total approximately $4.5M in FY2026. • Amortization: $4.4M in FY2025, expected to total approximately $3.0M in FY2026. • Net Interest Income: $0.4M in FY2025 and Net Interest Income expected t

  18. Slide 18: Definitions

    Appendix Definitions • “Deferred Revenue” primarily consists of billings or payments received in advance of revenue being recognized from subscription and services. Deferred revenue is recognized as revenue as the recognition criteria are met. AAP contracts are generally invoiced in annual installme

  19. Slide 19: Definitions

    Appendix Definitions • “Adjusted EBITDA” (earnings before interest, income taxes, depreciation, intangible asset amortization, stock-based compensation, and certain other items) is a non-GAAP financial measure that the Company believes is useful to investors in evaluating its results. A reconciliati

  20. Slide 20: Thank you.

    Thank you. © Franklin Covey Co. All rights reserved. PROPRIETARY AND CONFIDENTIAL 20

Franklin Covey Company — Q2 2026 Earnings Presentation on 6ix