John Wiley & Sons Inc., a global provider of content and knowledge services, reported its first quarter results for the fiscal year 2026. The company recorded revenue of $397 million, a slight decrease from $404 million in the previous year, primarily due to foregone revenue from divested businesses. Despite this, operating income rose by 7% to $31 million. The research segment saw a revenue increase of 6% to $282 million, driven by a significant rise in AI licensing revenue, which jumped to $16 million from $1 million in the prior year period. The company reported a GAAP earnings per share $(EPS)$ of $0.22, compared to a loss of $0.03 in the previous year, which had been impacted by a non-cash income tax adjustment. Adjusted EPS increased by 2% to $0.49, mainly due to reduced interest expenses. Looking ahead, Wiley reaffirms its fiscal 2026 outlook, anticipating low to mid-single-digit growth in adjusted revenue and an adjusted EBITDA margin between 25.5% and 26.5%. The company projects adjusted EPS to range from $3.90 to $4.35 and expects free cash flow to be approximately $200 million. The outlook reflects strong demand for its journals and anticipated cost savings.