The financials
McGraw Hill, Inc. by the numbers
McGraw Hill, Inc. (MH) reported revenue of $464M in Q4 2026 (quarter ended Mar 31, 2026), down 2.0% from the same quarter a year earlier. That came with a gross margin of 84% and net loss of $50M. For the full year FY2026, revenue was $2.10B (+0.1% year on year) and net income $35M. Its largest product in Jun 2026 was Re Occurring at $197M, 35% of the disclosed total, ahead of Print at 29%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $464M | $473M | −2.0% |
| Gross profit | $389M | $395M | −1.5% |
| Operating income | −$6.4M | $28M | to a loss |
| Net income | −$50M | −$157M | n/a |
| Diluted EPS | −$0.28 | −$0.95 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Re Occurring | $197M | 35% |
| $160M | 29% | |
| Digital | $114M | 21% |
| Transactional | $78M | 14% |
| Shipping And Handling | $6.2M | 1.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $555.0M (+119%)
Re Occurring grew +7.1% year on yearTransactional -11% year on year
Segment Latestquarter on quarteryear on year
- Re Occurring$196.6M$196.6MQoQ +80%year on year +7.1%+80%+7.1%
- Print$160.5M$160.5MQoQ +488%year on year -1.1%+488%-1.1%
- Digital$113.9M$113.9MQoQ +15%year on year +4.9%+15%+4.9%
- Transactional$77.8M$77.8MQoQ +356%year on year -11%+356%-11%
- Shipping And Handling$6.2M$6.2MQoQ +385%year on year -9.4%+385%-9.4%
Education & Training Services
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