McGraw Hill (MH) Financial Statements & Analysis

McGraw Hill (MH) Income Statement

McGraw Hill reported revenue of $2.10B in fiscal 2026 (fiscal year ended Mar 31, 2026), up 0.1% from $2.10B a year earlier. Net income was $35.32M, a net margin of 1.7%. Gross margin was 80.9% and operating margin 15.0%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $549.90M, up 2.6% from the same quarter a year earlier.

McGraw Hill Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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McGraw Hill, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Dec 2018	Dec 2017	Dec 2016
Revenue & Gross Profit
Revenue	2.10	2.10	1.96	1.95	1.79	1.54	1.58	1.60	1.72	1.74
Cost of Revenue	0.40	0.42	0.42	0.46	0.37	0.34	0.36	0.39	0.43	0.43
Gross Profit	1.70	1.68	1.54	1.48	1.40	1.21	1.23	1.20	1.29	1.31
Operating Expenses
Research & Development	0.28	0.28	0.26	0.28	0.00	0.04	0.04	0.01	0.00	0.00
Selling, General & Administrative	0.75	0.73	0.71	0.71	1.02	0.81	0.99	1.03	1.05	1.06
Operating Expenses	1.39	1.37	1.38	1.36	1.75	0.96	1.17	1.17	1.20	1.21
Operating Income	0.32	0.31	0.16	0.12	-0.35	0.25	0.06	0.03	0.09	0.11
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	-0.29	0.33	0.28	-0.22	0.19	0.19	0.18	0.18	0.20
Other Income/Expense	-0.06	0.00	-0.32	-0.30	-0.29	-0.19	-0.18	-0.18	-0.17	-0.23
Income
Income Before Tax	0.04	0.01	-0.17	-0.45	-0.64	0.06	-0.12	-0.15	-0.07	-0.12
Income Tax Expense	0.01	0.10	0.03	-0.05	-0.02	0.01	0.01	0.01	0.01	0.02
Net Income	0.04	-0.09	-0.19	-0.40	-0.62	0.04	-0.14	-0.16	-0.07	-0.14
Net Income - Continuous Operations	0.04	-0.09	-0.19	-0.40	-0.67	0.04	-0.14	-0.16	-0.07	-0.14
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	0.68	0.67	0.57	0.50	0.39	0.36	0.20	0.15	0.22	0.24
EBIT	0.32	0.31	0.25	0.12	0.17	0.28	-	-	-	-
Depreciation & Amortization	0.36	0.36	0.37	0.37	0.23	0.08	0.10	0.11	0.11	0.11
Earnings Per Share
Basic EPS	-	-	-1.00	-2.00	-5.00	4.00	-12.00	-14.00	-6.00	-12.00
Diluted EPS	-	-	-1.00	-2.00	-4.00	4.00	-12.00	-14.00	-6.00	-12.00
Basic Shares Outstanding	0.18	0.19	0.19	0.19	0.11	0.01	0.01	0.01	0.01	0.01
Diluted Shares Outstanding	0.18	0.19	0.19	0.19	0.11	0.01	0.01	0.01	0.01	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About McGraw Hill Financial Statements

What was McGraw Hill's revenue in fiscal 2026?

McGraw Hill reported revenue of $2.10B in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 0.1% from $2.10B a year earlier.

Is McGraw Hill profitable?

Yes. McGraw Hill earned net income of $35.32M in fiscal 2026, a net margin of 1.7%. In fiscal 2025 it lost $85.84M.

What is McGraw Hill's operating margin?

McGraw Hill's operating income was $315.78M on revenue of $2.10B in fiscal 2026, an operating margin of 15.0%, compared with 14.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition