Earnings ·
McGraw Hill, Inc. reported fiscal first quarter 2027 results for the period ended June 30, 2026, with total revenue of…
MHMcGraw Hill, Inc.
McGraw Hill, Inc. reported fiscal first quarter 2027 results for the period ended June 30, 2026, with total revenue of $549.9 million, a 2.6% year-over-year increase. Re-occurring revenue rose 9.8% to $425.6 million, while digital revenue grew 8.8% to $353.5 million. GAAP net income improved significantly to $57.9 million from $0.5 million in the prior year period, and Adjusted EBITDA increased to $207.0 million with a margin of 37.7%. The company reaffirmed its fiscal year 2027 guidance, projecting revenue between $2.115 billion and $2.175 billion and Adjusted EBITDA between $750 million and $790 million. Additionally, the company held its annual stockholder meeting on August 11, 2026, where shareholders elected directors Simon Allen, Mary Ann Sigler, Guhan Subramanian, and Eric Worley, approved an annual advisory vote frequency for executive compensation, and ratified Ernst & Young LLP as the independent auditor. McGraw Hill operates in the education technology industry, providing digital learning solutions and content for preK-12, higher education, and professional markets.