secwatch.observer — SEC 8-K summary
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Issuer:     McGraw Hill, Inc. (MH)
CIK:        0001951070
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001951070-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

McGraw Hill Reports Fiscal Q2 2026 Revenue $669M, Net Income $105M, Raises Full-Year Guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951070/000195107025000008/0001951070-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951070/000195107025000008/mh-20251112.htm
  HTML page:      https://secwatch.observer/filing/0001951070-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer