What was McGraw Hill, Inc.'s revenue in Q3 FY2026?

McGraw Hill, Inc. reported total revenue of $434.2M in Q3 FY2026.

What was McGraw Hill, Inc.'s net profit in Q3 FY2026?

McGraw Hill, Inc. reported net profit of $-20.2M in Q3 FY2026, a net margin of -4.7%.

What were McGraw Hill, Inc.'s margins in Q3 FY2026?

McGraw Hill, Inc. had gross margin of 85.3% and operating margin of 7.0% in Q3 FY2026.

What was McGraw Hill, Inc.'s EPS in Q3 FY2026?

McGraw Hill, Inc. reported diluted EPS of $-0.11 in Q3 FY2026.

What is McGraw Hill, Inc.'s largest revenue segment in Q3 FY2026?

Higher Education was McGraw Hill, Inc.'s largest revenue segment in Q3 FY2026, contributing $225.4M (51.9% of total revenue).

McGraw Hill, Inc.MHEarnings & Financial Report

NYSE · Communication Services · Miscellaneous Publishing

Deep Analysis

McGraw Hill, Inc. is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, digital learning tools, and adaptive technology to enhance learning experiences and outcomes. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. McGraw Hill also publishes reference and tra...

Q3 2026 Q2 2026 Q1 2026

Revenue

$434.2M

Gross Profit

$370.3M

Operating Profit

$30.4M

Net Profit

$-20.2M

Gross Margin

85.3%

Operating Margin

7.0%

Net Margin

-4.7%

YoY Growth

-35.1%

EPS

$-0.11

McGraw Hill, Inc. Q3 FY2026 Financial Summary

McGraw Hill, Inc. reported revenue of $434.2M (down 35.1% YoY) for Q3 FY2026, with a net profit of $-20.2M (down 119.2% YoY) (-4.7% margin). Cost of goods sold was $63.8M, operating expenses totaled $339.9M.

Key Financial Metrics

Total Revenue	$434.2M
Net Profit	$-20.2M
Gross Margin	85.3%
Operating Margin	7.0%
Report Period	Q3 FY2026

Revenue Breakdown

McGraw Hill, Inc. Q3 FY2026 revenue of $434.2M breaks down across 5 segments, led by Higher Education at $225.4M (51.9% of total).

Segment	Revenue	% of Total
Higher Education	$225.4M	51.9%
Digital	$103.5M	23.8%
Other	$44.4M	10.2%
Global Professional	$36.2M	8.3%
Print	$24.7M	5.7%

McGraw Hill, Inc. Revenue by Segment — Quarterly Trend

McGraw Hill, Inc. revenue by segment across the last 3 reported quarters, showing how each business line (such as Higher Education and Digital) has evolved quarter over quarter.

Segment	Q3 FY2026	Q2 FY2026	Q1 FY2026
Higher Education	$225.4M	$213.0M	—
Digital	$103.5M	$118.6M	—
Other	$44.4M	$46.6M	$60.4M
Global Professional	$36.2M	$39.8M	$35.2M
Print	$24.7M	$240.5M	$162.3M

McGraw Hill, Inc. Quarterly Revenue & Net Profit History

McGraw Hill, Inc. results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.

Quarter	Revenue	Revenue YoY	Net Profit	Net Margin
Q3 FY2026	$434.2M	-35.1%	$-20.2M	-4.7%
Q2 FY2026	$669.2M	+24.9%	$105.3M	15.7%
Q1 FY2026	$535.7M	—	$502.0K	0.1%

Income Statement

	Q1 2026	Q2 2026	Q3 2026
Revenue	$535.7M	$669.2M	$434.2M
YoY Growth	N/A	24.9%	-35.1%

Balance Sheet

	Q1 2026	Q2 2026	Q3 2026
Assets	$5.66B	$6.05B	$5.64B
Liabilities	$5.38B	$5.25B	$4.87B
Equity	$283.3M	$794.6M	$775.3M

Cash Flow

	Q1 2026	Q2 2026	Q3 2026
Operating CF	$-96.7M	$265.0M	$309.0M