Turning to expenses, non-GAAP operating expenses were $36.4 million, reflecting a reduction of $44.1 million, or 55% year-over-year. These results reflect our disciplined approach to expense management.

May 6, 2026 / receipt, needs a key / David Longo, CFO | earnings call 2026-05-06 | transcript 3f6d394e-4fd0-4f90-886f-8e54408c4e98 | chars 8417-8619 | segment 8

I'm pleased by our continued focus on disciplined expense management, having identified an additional $17 million in capex and expense savings that will be realized in 2026.

Aug 5, 2025 / receipt, needs a key / Nathan Schultz, CEO | earnings call 2025-08-05 | transcript a8f6b794-89d8-450c-ad5a-d89aef238b58 | chars 3599-3772 | segment 3

We expect double-digit revenue growth for 2026 and anticipate stronger performance in the second half than in the first, driven by continued investment in the business and the addition of new distribu

ir_statement / Sep 15, 2026 / receipt

A decrease of ~60% y/y

ir_statement / Sep 15, 2026 / receipt

Accelerate the growth of our skilling business by expanding our offerings and network of partners, domestically and through Europe.

ir_statement / Sep 15, 2026 / receipt

Non-GAAP operating expenses were $36.4 million, reflecting a reduction of $44.1 million (55% y/y).

ir_statement / Sep 15, 2026 / receipt

We will continue to identify additional opportunities, including enhanced use of AI, to drive further efficiencies

ir_statement / Sep 15, 2026 / receipt

To drive growth, we are expanding our program catalog with high-demand technical, AI, language, and professional skills while simultaneously broadening our footprint across B2B distribution channels.

ir_statement / Sep 15, 2026 / receipt

A decrease of ~60% y/y

ir_statement / Sep 15, 2026 / receipt

AI is improving operational efficiency across the company and driving meaningful gains in profitability and cash generation.

ir_statement / Sep 15, 2026 / receipt

Starting last fall, we embarked on our next big chapter, rearchitecting the company to be AI-first, building a sustainable cost structure, and strengthening our balance sheet so we could accelerate ou

ir_statement / Sep 15, 2026 / receipt

We are combining our proprietary data, technology, AI, and deep insight into how students learn and build careers to expand into employability, helping students build the skills, confidence, and conne

ir_statement / Sep 15, 2026 / receipt

As we harness the power of AI, Q4-24 CapEx content costs were down 56% year-over-year, while the number of questions asked increased 2%.

ir_statement / Sep 14, 2026 / receipt

We developed our approach with scale and cost in mind which results in our ability to produce solutions at an ~70% reduction per solution versus our historical approach of human creation.

ir_statement / Sep 14, 2026 / receipt