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McGraw Hill MH Re-occurring Revenue — Revenue

Other product segments

Digital
$392.72M-2.1%
Transactional Revenue
$90.22M+4.6%
Print
$71.01M-1.7%

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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-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 / Re-occurring RevenueYear Ended March 31, 2026 / Transactional RevenueYear Ended March 31, 2026 / TotalYear Ended March 31, 2025 / Re-occurring RevenueYear Ended March 31, 2025 / Transactional RevenueYear Ended March 31, 2025 / Total
K-12$619,725$264,755$884,480$602,040$368,444$970,484
Higher Education734,353144,601878,954666,748115,862782,610
Global Professional98,74651,330150,07695,09454,494149,588
International88,14398,542186,68592,959108,443201,402
Other2,5862,586(2,785)(2,785)
Total Revenue$1,540,967$561,814$2,102,781$1,456,841$644,458$2,101,299

Item 8. Financial Statements and Supplementary Data

FAQ

What is McGraw Hill's re-occurring revenue — revenue?
McGraw Hill (MH) reported re-occurring revenue — revenue of $373.5M in Q1 2026.
How has McGraw Hill's re-occurring revenue — revenue changed year-over-year?
McGraw Hill's re-occurring revenue — revenue decreased by 3.5% year-over-year, from $387.01M to $373.5M.
What is the long-term trend for McGraw Hill's re-occurring revenue — revenue?
Over 2 years (2024 to 2026), McGraw Hill's re-occurring revenue — revenue has grown at a 8.3% compound annual growth rate (CAGR), from $1.31B to $1.54B.
What does re-occurring revenue — revenue mean?
This metric represents the total revenue generated from products or services that are sold on a subscription or recurring basis within the specified business segment. It serves as a key indicator of the stability and predictability of the company's revenue streams by measuring the portion of income derived from long-term customer commitments rather than one-time transactions. Tracking this metric helps investors assess the company's ability to maintain consistent cash flow and its success in transitioning toward a digital-first, subscription-based business model.

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