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John Wiley & Sons, Inc. WLY Learning — Cost of Sales

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Research
$76.05M+6.4%

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Other financials

Income statement

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Revenue$447.9M+1.2%
Gross profit$337.9M+1.9%
Operating income$110.1M+44.0%
Net income$135.3M+98.8%
EPS (diluted)$2.54+105%

Balance sheet

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Cash & equivalents$75.6M-11.9%
Total debt$768.9M-14.5%
Total equity$848.2M+12.8%
Total assets$2.6B-3.7%

Cash flow

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Operating cash flow$157.2M+4.6%
CapEx$13.2M-31.1%
Free cash flow$144.0M+9.8%

Valuation

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Market cap$2.72B+34.5%
Enterprise value$3.42B+19.2%
P/E12.3×-8.5×
P/S1.6×+0.4×

Profitability

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Gross margin74.3%0.0pp
Operating margin16.5%+3.3pp
Net margin13.2%+8.2pp
FCF margin12.5%+4.1pp

Returns & leverage

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Return on equity27.7%+16.4pp
Debt / equity0.9×-0.3×
Current ratio0.5×0.0×

Where this comes from

Reported directly by John Wiley & Sons, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: John Wiley & Sons, Inc.’s 10-K, filed June 24, 2026.

Filed
Jun 24, 2026, 2:36 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-045111
Line itemFor the Year Ended April 30, 2026 / ResearchFor the Year Ended April 30, 2026 / LearningTotal
Revenue$1,129,942$546,586$1,676,528
Cost of sales303,702127,807431,509
Direct expenses331,192136,301467,493
Allocated Corporate expenses167,578107,909275,487
Amortization of intangible assets44,8668,18453,050
Adjusted Operating Income by segment(1)$282,604$166,385$448,989
Reconciliation of Adjusted Operating Income by segment to Income before taxes
Adjusted unallocated Corporate expenses(2)(152,819)

Item 8. Financial Statements and Supplementary Data

FAQ

What is John Wiley & Sons, Inc.'s learning — cost of sales?
John Wiley & Sons, Inc. (WLY) reported learning — cost of sales of $34.04M in Q1 2026.
How has John Wiley & Sons, Inc.'s learning — cost of sales changed year-over-year?
John Wiley & Sons, Inc.'s learning — cost of sales decreased by 13.8% year-over-year, from $39.48M to $34.04M.
What is the long-term trend for John Wiley & Sons, Inc.'s learning — cost of sales?
Over 3 years (2023 to 2026), John Wiley & Sons, Inc.'s learning — cost of sales has grown at a -5.0% compound annual growth rate (CAGR), from $148.93M to $127.81M.
What does learning — cost of sales mean?
Includes the direct costs attributable to the production and delivery of educational content and services within the Learning segment. Analyzing this metric helps evaluate the direct margin profile and production efficiency of the segment's offerings.

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