earnings
confidence high
sentiment positive
materiality 0.80
McGraw Hill posts FY2026 net income of $35.3M vs loss; issues FY2027 guidance; approves $50M buyback
McGraw Hill, Inc.
- FY2026 revenue $2.1B (+0.1% YoY); recurring revenue $1.5B (+5.8% YoY); digital revenue $1.4B (+5.5% YoY).
- GAAP net income $35.3M vs $(85.8)M prior year; Adjusted EBITDA $744.3M, margin 35.4% (+80 bps YoY).
- Higher Education revenue up 12.3% to $879M; K-12 down 8.9% to $884.5M due to procurement cycle.
- FY2027 guidance: revenue $2,115-2,175M; recurring revenue $1,587-1,627M; Adjusted EBITDA $750-790M.
- Board approved new $50M share repurchase plan on June 2, 2026.