McGraw Hill (MH) Cost of Revenue (2024 - 2026)
McGraw Hill (MH) posted quarterly Cost of Revenue of $74.8 million for Q1 2026, down 4.54% year-over-year 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.
- In Q1 2026, Cost of Revenue fell 4.54% year-over-year to $74.8 million; the TTM figure through Mar 2026 stood at $401.1 million (down 5.01% YoY), while the FY2026 annual figure was $401.1 million, down 5.01% from the prior year.
- Cost of Revenue for Q1 2026 stood at $74.8 million, up from $63.8 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.
- The 3-year median for Cost of Revenue is $100.9 million (2025), against an average of $102.9 million.
- Peak annual rise in Cost of Revenue reached 1.52% in 2025, while the deepest fall reached 9.31% in 2025.
- McGraw Hill's 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 108.11 Mn |
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 |