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McGraw Hill MH Higher Education — Revenue

Other segment segments

K-12
$126.21M-10.4%
International
$40.82M-5.1%
Global Professional
$38.87M+1.3%

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SCHLTotal Education Solutions — Revenue
$109.2M-13.1%

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-12.3%
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemYear Ended March 31, 2026 / DigitalYear Ended March 31, 2026 / Print (1)Year Ended March 31, 2026 / TotalYear Ended March 31, 2025 / DigitalYear Ended March 31, 2025 / Print (1)Year Ended March 31, 2025 / Total
Revenue by Segment:
K-12$429,644$454,836$884,480$430,546$539,938$970,484
Higher Education799,89879,056878,954723,06659,544782,610
Global Professional107,12042,956150,076102,99646,592149,588
International96,98689,699186,685102,71998,683201,402
Other (2)2,5862,586(2,785)(2,785)
Total Revenue$1,433,648$669,133$2,102,781$1,359,327$741,972$2,101,299

Item 8. Financial Statements and Supplementary Data

FAQ

What is McGraw Hill's higher education — revenue?
McGraw Hill (MH) reported higher education — revenue of $258.25M in Q1 2026.
How has McGraw Hill's higher education — revenue changed year-over-year?
McGraw Hill's higher education — revenue increased by 1.6% year-over-year, from $254.11M to $258.25M.
What is the long-term trend for McGraw Hill's higher education — revenue?
Over 2 years (2024 to 2026), McGraw Hill's higher education — revenue has grown at a 11.9% compound annual growth rate (CAGR), from $702.19M to $878.95M.
What does higher education — revenue mean?
This metric represents the total gross income generated by the Higher Education business segment through the sale of digital learning solutions, instructional content, and adaptive educational platforms. It serves as a primary indicator of market demand and the successful adoption of educational materials by students, instructors, and academic institutions. Tracking this revenue helps investors assess the segment's competitive position and growth trajectory within the broader academic publishing and ed-tech landscape.

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