D2L Inc. Reports Strong Q1 2026 Financial Results with Revenue and Profit Growth

D2L ( (TSE:DTOL) ) has shared an announcement.

D2L Inc. reported a 9% year-over-year increase in total revenue for the first quarter of fiscal 2026, reaching $52.8 million. The company saw significant growth in subscription and support revenue, which rose by 11% to $47.7 million, and an improvement in adjusted EBITDA, which more than doubled to $9.3 million. D2L’s strategic focus on platform innovation and market expansion is reflected in its strong financial performance, with a notable increase in gross profit and a reduction in cash outflows from operations. The company also maintained a strong balance sheet with $92.5 million in cash and no debt, underscoring its robust financial health and operational efficiency.

The most recent analyst rating on (TSE:DTOL) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on D2L stock, see the TSE:DTOL Stock Forecast page.

Spark’s Take on TSE:DTOL Stock

According to Spark, TipRanks’ AI Analyst, TSE:DTOL is a Outperform.

D2L, Inc. exhibits a strong overall stock score driven by robust financial performance and strategic growth initiatives. While technical analysis presents mixed signals, the company’s strategic focus on AI and product expansion provide a positive outlook. The valuation is reasonable, but the lack of a dividend yield may deter some investors. Overall, D2L is well-positioned for growth, offering a promising investment in the education sector.

To see Spark’s full report on TSE:DTOL stock, click here.

More about D2L

D2L Inc. is a leading global learning technology company that focuses on providing a modern, AI-first learning platform. The company aims to enhance learner engagement, drive retention, and enable new learning modalities, positioning itself as a next-generation learning platform for corporate upskilling and targeted education markets globally.

Average Trading Volume: 45,962

Technical Sentiment Signal: Hold

Current Market Cap: C$724.3M

Find detailed analytics on DTOL stock on TipRanks’ Stock Analysis page.