McGraw Hill Reports Fiscal Year 2026 Financial Results
McGraw Hill, Inc. announced its financial results for the fiscal year ended March 31, 2026, reporting total revenue of $2,102.8 million. This represents a slight increase of $1.5 million, or 0.1%, compared to the $2,101.3 million in revenue for the fiscal year ended March 31, 2025. The company reported a net income of $35.3 million for the fiscal year ended March 31, 2026, a significant improvement from a net loss of $85.8 million in the prior fiscal year. Adjusted EBITDA for the fiscal year ended March 31, 2026, was $744.3 million, up from $726.8 million in the fiscal year ended March 31, 2025.
The company's revenue performance was influenced by mixed results across its segments. The K-12 segment experienced an 8.9% decrease in revenue, falling to $884.5 million from $970.5 million in the prior year, primarily due to lower transactional revenue. Conversely, the Higher Education segment saw a 12.3% increase in revenue, reaching $879.0 million from $782.6 million, driven by higher re-occurring revenue from increased digital product adoption and price increases. The Global Professional segment reported a marginal increase of 0.3% in revenue to $150.1 million, while the International segment's revenue decreased by 7.3% to $186.7 million.
Strategic initiatives and operational developments contributed to the company's financial outcomes. McGraw Hill continued to invest in technology-enabled innovation, including the development of AI tools like its AI Reader and the expansion of its McGraw Hill Plus product in K-12. In Higher Education, the company launched new offerings such as Sharpen Advantage and SIMskills Badges. The company also reported approximately 26.7 million paid digital users for the fiscal year ended March 31, 2026, with over 25.6 billion learning interactions recorded across its platforms.
Looking ahead, McGraw Hill plans to continue its growth strategies, focusing on acquiring new customers, cross-selling and up-selling to existing clients, and leveraging data and AI for product differentiation. The company aims to expand its international presence and pursue strategic acquisitions. Management anticipates that its future cash flow from operations, combined with access to capital markets, will provide adequate resources to fund its operating and financing needs for at least the next 12 months.
About McGraw Hill, Inc.
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