Pearson (PSO) is higher after publishing its Q1 2026 trading update on May 1, 2026, reporting 4% underlying group sales growth and stating it remains on track to deliver full-year 2026 guidance. The update pointed to broad execution across the portfolio, with particular strength in faster-growing digital offerings, supporting a risk-on read-through for the rest of the year. (prnewswire.com)

Pearson said Q1 underlying sales increased 4% year over year. By division, Virtual Learning grew 21% and Enterprise Learning & Skills rose 8%, while Higher Education and English Language Learning each grew 2%; Assessment & Qualifications declined 1% and is expected to return to growth from Q2. (prnewswire.com)

The company reiterated 2026 expectations for mid-single-digit underlying sales growth, adjusted operating profit of £640 million to £685 million (using FX rates as at end-2025), and free cash flow conversion of 90% to 100%. Pearson also highlighted continued progress on its £350 million share buyback, with £219 million repurchased as of March 31, 2026, and noted it issued a £350 million 10-year bond in April 2026. (prnewswire.co.uk)

Management flagged Assessment & Qualifications as a Q2 inflection area, with growth expected to resume as delivery phasing reverses and new business ramps, while Virtual Learning’s enrollment momentum remains the main near-term swing factor. Investors will also watch the pace of buybacks and whether Pearson maintains its margin and cash conversion trajectory as the year progresses. (prnewswire.com)