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McGraw Hill MH Global Professional — Total Contract Liabilities

Other segment segments

K-12
$1.25B-2.4%
Higher Education
$322M+8.3%
International
$33.06M-1.0%

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Other financials

Income statement

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Revenue$463.7M-2.0%
Gross profit$388.9M-1.5%
Operating income--100%
Net income-$20.2M+61.8%
EPS (diluted)-$0.11+65.6%

Balance sheet

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Cash & equivalents$253.5M-35.0%
Total debt$2.7B-18.6%
Total equity$726.2M+159%
Total assets$5.5B-4.7%

Cash flow

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Operating cash flow$309.0M+12.3%
CapEx$23.8M-16.2%
Free cash flow$285.4M+9.2%

Valuation

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Market cap$2.21B-10.7%
Enterprise value$4.61B
P/S1.1×

Profitability

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Gross margin80.9%+1.0pp
Operating margin13.5%-1.1pp
Net margin-3.4%-4.4pp
FCF margin32.3%

Returns & leverage

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Return on equity-11.8%
Debt / equity3.7×-8.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by McGraw Hill in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: McGraw Hill’s 10-K, filed June 11, 2026.

Filed
Jun 11, 2026, 7:16 AM EDT
Fiscal year
FY2026
Accession
0001951070-26-000022
Line itemMarch 31, 2026March 31, 2025
Total Contract Liabilities by Segment:
K-12$1,249,373$1,279,585
Higher Education321,999297,316
Global Professional65,97762,348
International33,06433,407
Other (1)9453,531
Total Contract Liabilities$1,671,358$1,676,187

Item 8. Financial Statements and Supplementary Data

FAQ

What is McGraw Hill's global professional — total contract liabilities?
McGraw Hill (MH) reported global professional — total contract liabilities of $65.98M in Q1 2026.
How has McGraw Hill's global professional — total contract liabilities changed year-over-year?
McGraw Hill's global professional — total contract liabilities increased by 5.8% year-over-year, from $62.35M to $65.98M.
What does global professional — total contract liabilities mean?
This metric measures the total deferred revenue or obligations arising from customer payments received in advance of fulfilling educational service or content delivery requirements. It reflects the segment's future performance obligations and provides visibility into upcoming revenue recognition. A high balance often indicates strong forward-looking demand and customer commitment to the segment's professional learning solutions.

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