Revenue
$2.10B
Fiscal year ended 2026-03-31Operating income
$276.78M
Fiscal year ended 2026-03-31Free cash flow
$246.31M
Fiscal year ended 2026-03-31McGraw Hill, Inc. (MH) reported revenue of $2.10B and net income of $35.32M for the fiscal year ended 2026-03-31. This page shows 3 annual periods of income statement, balance sheet and cash flow figures normalized from McGraw Hill, Inc.’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Revenue | $2.10B | $2.10B | $1.96B |
| Cost of revenue | Unavailable | Unavailable | Unavailable |
| Gross profit | $1.70B | $1.68B | $1.54B |
| Operating income | $276.78M | $306.81M | $155.30M |
| Net income | $35.32M | -$85.84M | -$193.02M |
| Research & development | $276.25M | $284.43M | $263.42M |
| Weighted-average diluted shares | shares 183.67M | shares 166.61M | shares 166.61M |
| Pretax income | $43.79M | $10.64M | -$167.72M |
| Income tax expense | $8.47M | $96.48M | $25.29M |
| Diluted EPS | $0.19 | $-0.52 | $-1.16 |
| Selling, general & administrative | $747.69M | $725.41M | $705.55M |
| General & administrative | $368.97M | $345.21M | $331.67M |
| Selling & marketing | $378.72M | $380.20M | $373.88M |
Balance
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash & equivalents | $253.52M | $389.83M | Unavailable |
| Total assets | $5.49B | $5.76B | Unavailable |
| Current assets | $973.65M | $1.05B | Unavailable |
| Total liabilities | $4.76B | $5.48B | Unavailable |
| Current liabilities | $1.27B | $1.33B | Unavailable |
| Total equity incl. NCI | $726.22M | $280.24M | $368.75M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable |
| Inventory | $195.02M | $174.02M | Unavailable |
| Accounts receivable | $362.48M | $338.43M | Unavailable |
| Goodwill | $2.52B | $2.56B | $2.56B |
| Long-term debt | $2.56B | $3.16B | Unavailable |
| Accounts payable | $126.70M | $146.74M | Unavailable |
Cash flow
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Operating cash flow | $331.17M | $646.28M | $236.16M |
| Capital expenditures | $84.86M | $71.06M | $81.95M |
| Investing cash flow | -$203.86M | -$167.06M | -$136.11M |
| Financing cash flow | -$264.87M | -$294.68M | -$77.24M |
| Net change in cash | -$136.31M | $186.21M | $22.14M |
| Stock-based compensation | $33.72M | $0 | $0 |
| Common dividends paid | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $361.92M | $362.36M | $366.38M |
Derived
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Free cash flow | $246.31M | $575.22M | $154.20M |
| Gross margin | 80.9% | 79.9% | 78.6% |
| Operating margin | 13.2% | 14.6% | 7.9% |
| FCF margin | 11.7% | 27.4% | 7.9% |
| SBC / revenue | 1.6% | 0.0% | 0.0% |
| Current ratio | 0.77x | 0.79x | Unavailable |
| Revenue YoY growth | 0.1% | 7.2% | Unavailable |
| Net margin | 1.7% | -4.1% | -9.8% |
| R&D / revenue | 13.1% | 13.5% | 13.4% |
| CapEx / revenue | 4.0% | 3.4% | 4.2% |
| Long-term debt / equity | 3.53x | Unavailable | Unavailable |
| Effective tax rate | 19.3% | 906.6% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-13View SEC filing
10-K · Filed 2026-06-11View SEC filing
10-Q · Filed 2026-02-11View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-14View SEC filing
Companies in the same industry
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.