D2L Inc. (DTOL:CA) Q3 2026 Earnings Call Transcript
Q3: 2025-12-10 Earnings Summary
EPS of $0.15 misses by $0.02
| Revenue of $74.59M (-2.33% Y/Y) misses by $2.65M
D2L Inc. (DTOL:CA) Q3 2026 Earnings Call December 11, 2025 9:00 AM EST
Company Participants
Craig Armitage
John Baker – Founder, CEO, President & Chairman
Josh Huff – Chief Financial Officer
Conference Call Participants
Doug Taylor – Canaccord Genuity Corp., Research Division
Gavin Fairweather – Cormark Securities Inc., Research Division
Erin Kyle – CIBC Capital Markets, Research Division
John Shao – TD Cowen, Research Division
Thanos Moschopoulos – BMO Capital Markets Equity Research
Paul Treiber – RBC Capital Markets, Research Division
Suthan Sukumar – Stifel Nicolaus Canada Inc., Research Division
Brian Peterson – Raymond James & Associates, Inc., Research Division
Presentation
Operator
Good morning, and thank you for attending the D2L Inc. Q3 2026 Financial Results. My name is Rica, and I’ll be your moderator for today. [Operator Instructions] This morning’s call is being recorded on December 11, 2025 at 9 a.m. Eastern Time.
I would now like to pass the conference over to your host, Craig Armitage, Investor Relations. Thank you. You may proceed, Craig.
Craig Armitage
Good morning. Listeners are reminded that portions of today’s discussion will include statements that contain forward-looking information. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from a conclusion, forecast or projection in the forward-looking information. Further, certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information. For identification and discussion of such risks, uncertainties, factors and assumptions as well as further information concerning forward-looking information, please refer to the company’s annual and interim management’s discussion and analysis and the most recently filed annual information form, in each case as filed under the company’s profile on SEDAR+ at www.sedarplus.com.
In addition, during this call, reference will be made to various non-IFRS financial measures, including adjusted EBITDA, adjusted EBITDA margin, adjusted gross margin