McGraw Hill Q1 revenue rises on growth in AI initiatives
MH•Q1 revenue and margin rise
McGraw Hill said fiscal first-quarter revenue grew 2.6% year over year to $549.9 million. Adjusted EBITDA margin for the quarter expanded to 37.7% from 35.7% a year earlier.
The company said the results were driven by market share gains, price realization and increased enrollment.
Fiscal 2027 outlook reaffirmed
McGraw Hill reaffirmed its fiscal 2027 outlook for:
- Revenue of $2.115 billion to $2.175 billion
- Re-occurring revenue of $1.587 billion to $1.627 billion
- Adjusted EBITDA of $750 million to $790 million
Quarterly financial details and analyst coverage
Key first-quarter figures included:
| Metric | Actual |
|---|---|
| Revenue | $549.90 million |
| EPS | $0.30 |
| Adjusted net income | $112.75 million |
| Net income | $57.86 million |
| Adjusted EBITDA | $207.05 million |
| Adjusted EBITDA margin |
