How do Magnera Corp and McGraw Hill, Inc. compare by revenue?

Magnera Corp reported revenue of $792.0M in Q1 FY2026, while McGraw Hill, Inc. reported $434.2M in Q3 FY2026. Magnera Corp is 1.8× larger by last-quarter revenue.

Which is growing revenue faster, Magnera Corp or McGraw Hill, Inc.?

Magnera Corp's latest revenue grew 12.8% year-over-year, versus -35.1% for McGraw Hill, Inc.. Magnera Corp is growing faster on a YoY basis.

Which has a higher gross margin, Magnera Corp or McGraw Hill, Inc.?

Magnera Corp's gross margin is 12.2% vs McGraw Hill, Inc.'s 85.3%. McGraw Hill, Inc. converts more of each revenue dollar into gross profit.

Which has a higher net margin, Magnera Corp or McGraw Hill, Inc.?

Magnera Corp's net margin is -4.3% vs McGraw Hill, Inc.'s -4.7%. Magnera Corp has the higher bottom-line margin.

Which generates more free cash flow, Magnera Corp or McGraw Hill, Inc.?

Magnera Corp generated $-13.0M of free cash flow last quarter, versus $285.4M for McGraw Hill, Inc.. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

Where does this MAGN vs MH data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of Magnera Corp (MAGN) and McGraw Hill, Inc. (MH). Click either name above to swap in a different company.

Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $434.2M, roughly 1.8× McGraw Hill, Inc.). Magnera Corp runs the higher net margin — -4.3% vs -4.7%, a 0.4% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -35.1%). McGraw Hill, Inc. produced more free cash flow last quarter ($285.4M vs $-13.0M).

Magnera CorpMAGNEarnings & Financial Report

NYSE · Materials · Paper Mills

McGraw Hill, Inc.MHEarnings & Financial Report

NYSE · Communication Services · Miscellaneous Publishing

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...

MAGN vs MH — Head-to-Head

Bigger by revenue

MAGN

1.8× larger

$792.0M

$434.2M

Growing faster (revenue YoY)

MAGN

+47.9% gap

12.8%

-35.1%

Higher net margin

MAGN

0.4% more per $

-4.3%

-4.7%

More free cash flow

$298.4M more FCF

$285.4M

$-13.0M

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric	MAGN	MH
Revenue	$792.0M	$434.2M
Net Profit	$-34.0M	$-20.2M
Gross Margin	12.2%	85.3%
Operating Margin	1.8%	7.0%
Net Margin	-4.3%	-4.7%
Revenue YoY	12.8%	-35.1%
Net Profit YoY	43.3%	-119.2%
EPS (diluted)	$-0.95	$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue

MAGN

Q4 25	$792.0M	$434.2M
Q3 25	—	$669.2M
Q2 25	$839.0M	$535.7M
Q1 25	$824.0M	—
Q4 24	$702.0M	—
Q3 24	$332.1M	—
Q2 24	$556.0M	—
Q1 24	$558.0M	—

Net Profit

MAGN

Q4 25	$-34.0M	$-20.2M
Q3 25	—	$105.3M
Q2 25	$-18.0M	$502.0K
Q1 25	$-41.0M	—
Q4 24	$-60.0M	—
Q3 24	$-15.2M	—
Q2 24	$19.0M	—
Q1 24	$14.0M	—

Gross Margin

MAGN

Q4 25	12.2%	85.3%
Q3 25	—	79.2%
Q2 25	10.7%	77.0%
Q1 25	10.7%	—
Q4 24	10.1%	—
Q3 24	10.7%	—
Q2 24	6.6%	—
Q1 24	6.2%	—

Operating Margin

MAGN

Q4 25	1.8%	7.0%
Q3 25	—	23.4%
Q2 25	1.5%	18.0%
Q1 25	0.5%	—
Q4 24	-3.1%	—
Q3 24	0.9%	—
Q2 24	3.1%	—
Q1 24	3.8%	—

Net Margin

MAGN

Q4 25	-4.3%	-4.7%
Q3 25	—	15.7%
Q2 25	-2.1%	0.1%
Q1 25	-5.0%	—
Q4 24	-8.5%	—
Q3 24	-4.6%	—
Q2 24	3.4%	—
Q1 24	2.5%	—

EPS (diluted)

MAGN

Q4 25	$-0.95	$-0.11
Q3 25	—	$0.57
Q2 25	$-0.51	$0.00
Q1 25	$-1.15	—
Q4 24	$-1.69	—
Q3 24	$-0.33	—
Q2 24	$0.60	—
Q1 24	$0.44	—

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	MAGN	MH
Cash + ST InvestmentsLiquidity on hand	$264.0M	$514.4M
Total DebtLower is stronger	$1.9B	$2.6B
Stockholders' EquityBook value	$1.0B	$775.3M
Total Assets	$3.9B	$5.6B
Debt / EquityLower = less leverage	1.86×	3.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

MAGN

Q4 25	$264.0M	$514.4M
Q3 25	—	$463.2M
Q2 25	$276.0M	$247.3M
Q1 25	$282.0M	—
Q4 24	$215.0M	—
Q3 24	$230.0M	—
Q2 24	$33.9M	—
Q1 24	$30.2M	—

Total Debt

MAGN

Q4 25	$1.9B	$2.6B
Q3 25	—	$2.8B
Q2 25	$2.0B	$3.2B
Q1 25	$2.0B	—
Q4 24	$2.0B	—
Q3 24	$2.0B	—
Q2 24	$877.4M	—
Q1 24	$884.7M	—

Stockholders' Equity

MAGN

Q4 25	$1.0B	$775.3M
Q3 25	—	$794.6M
Q2 25	$1.1B	$283.3M
Q1 25	$1.1B	—
Q4 24	$1.1B	—
Q3 24	$2.1B	—
Q2 24	$2.4B	—
Q1 24	$2.4B	—

Total Assets

MAGN

Q4 25	$3.9B	$5.6B
Q3 25	—	$6.0B
Q2 25	$4.1B	$5.7B
Q1 25	$4.1B	—
Q4 24	$4.0B	—
Q3 24	$2.8B	—
Q2 24	$1.5B	—
Q1 24	$1.5B	—

Debt / Equity

MAGN

Q4 25	1.86×	3.36×
Q3 25	—	3.52×
Q2 25	1.77×	11.17×
Q1 25	1.83×	—
Q4 24	1.80×	—
Q3 24	0.91×	—
Q2 24	0.37×	—
Q1 24	0.36×	—

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	MAGN	MH
Operating Cash FlowLast quarter	$2.0M	$309.0M
Free Cash FlowOCF − Capex	$-13.0M	$285.4M
FCF MarginFCF / Revenue	-1.6%	65.7%
Capex IntensityCapex / Revenue	1.9%	5.4%
Cash ConversionOCF / Net Profit	—	—
TTM Free Cash FlowTrailing 4 quarters	—	—