McGraw Hill (MH) Cost of Revenue (2024 - 2026)
McGraw Hill (MH) posted Cost of Revenue of $110.7 million for Q2 2026, up 47.93% on a QoQ basis from $74.8 million in Q1 2026, and down 10.28% year-over-year from $123.4 million in Q2 2025.
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McGraw Hill (MH) Cost of Revenue (2024 - 2026) Analysis & Trends
McGraw Hill has reported Cost of Revenue for 3 years, with the latest figure at $110.7 million in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 10.28% year-over-year to $110.7 million in Q2 2026; TTM through Jun 2026 was $388.5 million, a 7.6% decrease from a year earlier, with the FY2026 full-year figure at $401.1 million, down 5.01% from the prior year.
- Cost of Revenue was $110.7 million for Q2 2026 at McGraw Hill, up from $74.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $153.4 million in Q3 2024, with the low at $63.8 million in Q4 2025.
- Average Cost of Revenue over 3 years is $103.8 million, with a median of $110.7 million recorded in 2026.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue dropped 1.52% in 2025, then decreased 10.28% in 2026.
- Over 3 years, Cost of Revenue stood at $65.3 million in 2024, then declined by 2.16% to $63.8 million in 2025, then jumped by 73.4% to $110.7 million in 2026.
- The last three Cost of Revenue figures came in at $110.7 million (Q2 2026), $74.8 million (Q1 2026), and $63.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.15 Bn | 74.93 Bn | 4.10 Bn | 4.62 Bn |
| 2 | Fox | 24.55 Bn | 20.44 Bn | - | - |
| 3 | Omnicom | 20.71 Bn | 17.98 Bn | 1.30 Bn | 5.26 Bn |
| 4 | News | 17.37 Bn | 15.99 Bn | - | - |
| 5 | Paramount Skydance | 11.04 Bn | 8.96 Bn | -2.08 Bn | -3.82 Bn |
| 6 | Pearson | 10.10 Bn | 9.51 Bn | 1.17 Bn | 1.12 Bn |
| 7 | New York Times | 9.93 Bn | 9.27 Bn | 394.61 Mn | 367.84 Mn |
| 8 | Sirius Xm Holdings | 8.86 Bn | 8.68 Bn | 1.44 Bn | 722.00 Mn |
| 9 | 36Kr Holdings | 6.17 Bn | 6.15 Bn | - | - |
| 10 | McGraw Hill | 2.63 Bn | 2.43 Bn | 439.20 Mn | 110.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 110.70 Mn |
| Mar 31, 2026 | 74.83 Mn |
| Dec 31, 2025 | 63.84 Mn |
| Sep 30, 2025 | 139.08 Mn |
| Jun 30, 2025 | 123.38 Mn |
| Mar 31, 2025 | 78.39 Mn |
| Dec 31, 2024 | 65.25 Mn |
| Sep 30, 2024 | 153.36 Mn |
| Jun 30, 2024 | 125.29 Mn |
API Access
McGraw Hill Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();