earnings
confidence high
sentiment positive
materiality 0.85
McGraw Hill Q3 revenue up 4.2% to $434M; guidance raised; CEO Moyer succeeds Allen
McGraw Hill, Inc.
2026-Q3 EPS reported
$0.47
revenue$1,639,059,000
- Revenue $434.2M, +4.2% YoY; re-occurring revenue $357.5M (+14.8%); digital revenue $363.7M (+11%).
- GAAP net loss $(20.2)M improved from $(52.9)M; Adj. EBITDA $135.9M, margin 31.3% (+100bps).
- CEO Simon Allen retired Feb 9, 2026; remains Chair; succeeded by Philip Moyer.
- FY2026 guidance raised: revenue $2,067-2,087M (prev $2,031-2,061M); Adj. EBITDA $729-739M (prev $702-722M).
- Net leverage 2.9x; $200M term loan prepayments during quarter.