McGraw Hill (MH) Cost of Revenue (2024 - 2026)
McGraw Hill's (MH) quarterly Cost of Revenue came in at $74.8 million in Q1 2026, down 4.54% YoY from $78.4 million in Q1 2025, and up 17.21% quarter-over-quarter from $63.8 million in Q4 2025.
McGraw Hill (MH) Cost of Revenue (2024 - 2026) Analysis & Trends
McGraw Hill's Cost of Revenue history runs 3 years deep, the most recent figure standing at $74.8 million for Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 4.54% year-over-year to $74.8 million; the trailing twelve-month figure through Mar 2026 stood at $401.1 million (down 5.01% YoY), and the FY2026 full-year result was $401.1 million, down 5.01% from the prior year.
- Cost of Revenue was $74.8 million for Q1 2026 at McGraw Hill, up from $63.8 million in the prior quarter.
- Over the last five years, Cost of Revenue for MH reached as high as $153.4 million in Q3 2024 and fell as low as $63.8 million in Q4 2025.
- Median Cost of Revenue over the past 3 years was $100.9 million (2025), compared with a mean of $102.9 million.
- On a YoY basis, Cost of Revenue climbed as much as 1.52% in 2025 and fell as far as 9.31% in 2025.
- Over 3 years, Cost of Revenue stood at $65.3 million in 2024, then slipped by 2.16% to $63.8 million in 2025, then grew by 17.21% to $74.8 million in 2026.
- Business Quant data shows MH's Cost of Revenue at $74.8 million in Q1 2026, $63.8 million in Q4 2025, and $139.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 20.41 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 289.01 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 394.99 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 210.72 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 63.99 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 74.83 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 117.43 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 47.07 Mn |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.83 Mn |
| Mar 31, 2026 | 74.83 Mn |
| Dec 31, 2025 | 63.84 Mn |
| Dec 31, 2025 | 63.84 Mn |
| Sep 30, 2025 | 139.08 Mn |
| Sep 30, 2025 | 139.08 Mn |
| Jun 30, 2025 | 123.38 Mn |
| Jun 30, 2025 | 123.38 Mn |
| Mar 31, 2025 | 78.39 Mn |
| Mar 31, 2025 | 78.39 Mn |
| Dec 31, 2024 | 65.25 Mn |
| Dec 31, 2024 | 65.25 Mn |
| Sep 30, 2024 | 153.36 Mn |
| Sep 30, 2024 | 153.36 Mn |
| Jun 30, 2024 | 125.29 Mn |
| Jun 30, 2024 | 125.29 Mn |