McGraw Hill, Inc.MH
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Q1 FY2027 earnings beat expectations with revenue and EBITDA growth, and reaffirmed guidance.
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Communication Services
McGraw Hill, Inc.McGraw Hill reported first quarter fiscal 2027 results that exceeded expectations, with revenue up 2.6% year-over-year to $550 million and adjusted EBITDA of $207 million, a margin of 37.7%. Recurring revenue grew 9.8% to $426 million, representing 77% of total revenue, while net income was $58 million. The company reaffirmed its full-year guidance across all metrics, citing strong momentum in higher education, K-12 literacy adoptions, and AI-driven tools. CEO Philip Moyer highlighted the launch of a new dyslexia screening integration with Stanford University and early success of the Emerge, Summit, and Soar literacy programs, with capture rates above the 25% to 30% target range. CFO Bob Sallmann noted that gross debt was reduced by $646 million in fiscal 2026 and that Moody's upgraded the company's credit ratings in July.
McGraw Hill, Inc.Q1 FY2027 earnings beat expectations with revenue and EBITDA growth, and reaffirmed guidance.