---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-053339"
form_type: "8-K"
ticker: "HMH"
cik: "0002021880"
company_name: "HMH Holding Inc"
filed_at: "2026-08-05T20:08:16+00:00"
generated_at: "2026-08-05T20:10:09.060483+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HMH Q2 revenue down 16% YoY to $170.8M; orders up 19% to $205M, book-to-bill 1.2x

## Summary
- Net income $5.0M vs $8.9M YoY; includes $22.0M pre-IPO stock-based comp expense.
- Adjusted EBITDA $33.9M (+3% YoY); margin 19.8% vs 16.1% YoY.
- Free Cash Flow positive at $22.2M; cash and liquidity $119.7M and ~$195M.
- IPO completed April 2026: 10.52M shares at $20.00, net proceeds $197.8M used to repay shareholder loan and fund working capital.
- Service orders up 50% YoY to $118M; product revenue down 65% YoY on Middle East delays.

## SEC filing metadata
- accession: 0001628280-26-053339
- form_type: 8-K
- ticker: HMH
- cik: 0002021880
- company_name: HMH Holding Inc
- filed_at: 2026-08-05T20:08:16+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2021880/000162828026053339/0001628280-26-053339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2021880/000162828026053339/hmh-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-053339
- JSON: https://secwatch.observer/filing/0001628280-26-053339.json
- Plain text: https://secwatch.observer/filing/0001628280-26-053339.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.