McGraw Hill Q2 FY27 net income drops 18% to $86.38 million; revenue falls 6% to $632.21 million
MH•McGraw Hill’s second-quarter FY27 net income fell 18% year over year to $86.38 million, while revenue declined 6% to $632.21 million. The company paid down $50 million of term debt and advanced integrations of its content into Microsoft Copilot and Anthropic’s Claude for Teachers.
1. Quarterly results and debt
McGraw Hill reported second-quarter FY27 net income of $86.38 million, down 18% year over year, and revenue of $632.21 million, down 6%. Market-share gains partially offset anticipated lower capture rates in select math markets. A $50 million term loan paydown brought gross debt reduction since its initial public offering to approximately $700 million.
2. AI content integrations
The company said proprietary content integrations into Microsoft Copilot and Anthropic’s Claude for Teachers advanced its agentic AI strategy.
