McGraw Hill Reports 2.4% Increase in Revenue and $0.5 Million Net Income for Fiscal Q1 2026, Adjusted EBITDA Up 7.2%

Reuters
Aug 14
<a href="https://laohu8.com/S/MH">McGraw Hill</a> Reports 2.4% Increase in Revenue and $0.5 Million Net Income for Fiscal Q1 2026, Adjusted EBITDA Up 7.2%

McGraw Hill Inc. has reported its fiscal first quarter 2026 results, highlighting a net income of $0.5 million, a notable improvement from the $(9.4) million loss in the prior-year period. The company achieved a revenue total of $535.7 million, marking a 2.4% increase year-over-year. Re-occurring revenue rose by 7.1% to $387.6 million, while digital revenue also saw a 7.2% increase, reaching $325.0 million. Adjusted EBITDA for the quarter was reported at $191.4 million, reflecting a 7.2% year-over-year growth. McGraw Hill's GAAP gross profit increased by 3.7% to $412.3 million. The company's remaining performance obligation stood at $1,650.2 million as of June 30, 2025. Looking ahead, McGraw Hill's fiscal year 2026 guidance forecasts revenue in the range of $1.986 billion to $2.046 billion, with adjusted EBITDA projected to be between $663 million and $703 million. These figures underscore the company's expectations of continued growth and profitability. Simon Allen, Chairman, President, and CEO, emphasized the company's strong market leadership and the increasing demand for McGraw Hill solutions that enhance personalized learning experiences. Bob Sallmann, Executive Vice President and Chief Financial Officer, highlighted the positive impact of the company's IPO proceeds on its balance sheet, positioning McGraw Hill for growth-oriented investments in the future.

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