earnings
confidence high
sentiment neutral
materiality 0.85
McGraw Hill Reports Fiscal Q2 2026 Revenue $669M, Net Income $105M, Raises Full-Year Guidance
McGraw Hill, Inc.
2026-Q2 EPS reported
$0.60
revenue$1,204,897,000
- Revenue of $669.2 million fell 2.8% YoY due to smaller K-12 market; digital revenue rose 7.6% to $352.2 million.
- GAAP net income was $105.3 million vs. $133.4 million a year ago; Adjusted EBITDA of $286.4 million (42.8% margin) increased 60 bps.
- Higher Education revenue grew 14% to $213 million; U.S. market share reached a record 30% on a last twelve months basis.
- Company raised fiscal 2026 revenue guidance to $2.031–$2.061 billion and Adjusted EBITDA to $702–$722 million.
- Debt reduced by $542 million year-to-date, generating over $40 million in annualized cash interest savings.