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
DateValue
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