Mcgraw Hill, Inc. income statement
In fiscal 2026, Mcgraw Hill, Inc. reported revenue of $2.10bn, up 0.1% on the year before, operating income of $277m (a 13.2% margin) and net income of $35.3m, or $0.19 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 1,960 | 2,101 | 2,103 | 2,117 |
| Gross profit | 1,540 | 1,679 | 1,702 | 1,729 |
| Research and development | 263 | 284 | 276 | 271 |
| Selling and marketing | 374 | 380 | 379 | 386 |
| General and administrative | 332 | 345 | 369 | 380 |
| Operating income | 155 | 307 | 277 | 295 |
| Income before tax | −168 | 11 | 44 | 75 |
| Income tax | 25 | 96 | 8 | −18 |
| Net income | −193 | −86 | 35 | 93 |
| Diluted EPS | −$1.16 | −$0.52 | $0.19 | $0.49 |
| Diluted shares (average) | 167m | 167m | 184m | 190m |
| EBITDA | 522 | 669 | 639 | 652 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 689 | 416 | 473 | 536 | 669 | 434 | 464 | 550 |
| Gross profit | 535 | 351 | 395 | 412 | 530 | 370 | 389 | 439 |
| Research and development | 63 | 70 | 87 | 65 | 70 | 68 | 74 | 60 |
| Selling and marketing | 104 | 86 | 104 | 87 | 100 | 90 | 102 | 95 |
| General and administrative | 91 | 81 | 89 | 75 | 111 | 87 | 95 | 87 |
| Operating income | 179 | 24 | 28 | 96 | 157 | 30 | −6 | 114 |
| Income before tax | 96 | −45 | −36 | 37 | 84 | −25 | −53 | 69 |
| Income tax | −37 | 8 | 121 | 37 | −21 | −5 | −2 | 11 |
| Net income | 133 | −53 | −157 | 1 | 105 | −20 | −50 | 58 |
| Diluted EPS | $0.80 | −$0.32 | −$0.95 | $0.00 | $0.57 | −$0.11 | −$0.28 | $0.30 |
| EBITDA | 276 | 114 | 114 | 184 | 249 | 126 | 79 | 198 |
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