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13.08.26 - 13:24
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McGraw Hill, Inc. Reports Strong Fiscal First Quarter 2027 Results Exceeding Expectations (Business Wire)
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Enters Peak Selling Season With Momentum Amid Growing Revenue, Re-Occurring Revenue and Digital Revenue While Expanding Margins and Net IncomeCOLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”), a leading global provider of education solutions for preK-12, higher education and professional learning, today announced financial results for the fiscal first quarter 2027 ended June 30, 2026.
Key Fiscal First Quarter 2027 Financial Highlights
Total revenue of $549.9 million, an increase of 2.6% year-over-year, driven by strong execution in Higher Education and K-12 segments.
Re-occurring revenue of $425.6 million, an increase of 9.8% year-over-year, representing 77% of total revenue.
Digital revenue of $353.5 million, an increase of 8.8% year-over-year, underscoring the strength of the Company's technology-based solutions, which are deeply embedded in the learning experience.
Remaining performance obligation (RPO) of $1,522.2 million as of June 30, 2026, demon...
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28.07.26 - 14:06
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Moody′s Ratings Upgrades McGraw Hill (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (NYSE: MH; “McGraw Hill” and the “Company”), a leading global provider of education solutions for preK-12, higher education and professional learning, today announced that it has received upgraded ratings from Moody's Ratings.On July 27, 2026, Moody's Ratings upgraded McGraw-Hill Education, Inc.'s ratings, including its corporate family rating (CFR) to B1 from B2, its senior secured notes and senior secured first lien bank credit facility ratings to Ba3 from B1 and its senior unsecured notes rating to B3 from Caa1. The outlook was changed to stable.“These upgrades from Moody's validate the progress we have made to strengthen our balance sheet and continue to position McGraw Hill for sustainable growth,” said Bob Sallmann, the Company's Executive Vice President and Chief Financial Officer. “We have reduced our debt, lowered our interest expense and enhanced our financial flexibility, all while continuing to invest in the future of educat...
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11.06.26 - 13:30
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McGraw Hill, Inc. Exceeds Fiscal Year 2026 Guidance Driven by Re-Occurring Revenue Growth and Delivers Positive Net Income (Business Wire)
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Fiscal Year 2027 Positioned for Revenue Growth and Accelerating ProfitabilityCOLUMBUS, Ohio--(BUSINESS WIRE)--McGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”), a leading global provider of education solutions for preK-12, higher education and professional learning, today announced financial results for the fiscal fourth quarter 2026 and year-end March 31, 2026.
Key Fiscal Year 2026 Financial Highlights
Total revenue of $2,102.8 million, an increase of 0.1% year-over-year, driven by strong Higher Education execution, offsetting the anticipated smaller K-12 market opportunity driven by procurement cycles.
Re-occurring revenue of $1,541.0 million, an increase of 5.8% year-over-year, representing more than 73% of total revenue.
Digital revenue of $1,433.6 million, an increase of 5.5% year-over-year amid accelerating student and instructor engagement.
Remaining performance obligation (RPO) of $1,671.4 million as of March 31, 2026 demonstrating predictability and visibility into future reve...
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