McGraw Hill (MH) Operating Expenses (2024 - 2026)
McGraw Hill (MH) reported Operating Expenses of $324.92 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.8% from $316.1 million a year earlier but down 17.8% from the prior quarter.
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Analysis
McGraw Hill (MH) Operating Expenses (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, McGraw Hill's Operating Expenses came in at $1.43 billion, up 4.9% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $1.42 billion, up 3.8% from FY2025.
- By fiscal year, Operating Expenses came in at $1.37 billion in FY2025 (-0.9%) and $1.38 billion in FY2024.
- Five-year quarterly Operating Expenses spans a low of $316.1 million in fiscal Q1 2026 and a high of $395.25 million in fiscal Q4 2026.
- Year over year, Operating Expenses has now increased in each of the last four quarters, with growth averaging 3.5% over the last five quarters.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $395.25 million (Q4 2026), $339.93 million (Q3 2026) and $373.59 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 28.77 Bn | 14.58 Bn | - | 2.38 Bn |
| 3 | Omnicom | 22.64 Bn | 4.72 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 16.95 Bn | 8.44 Bn | - | 991.00 Mn |
| 5 | Pearson | 11.90 Bn | 9.01 Bn | - | - |
| 6 | New York Times | 11.24 Bn | 8.73 Bn | 394.61 Mn | 644.44 Mn |
| 7 | Sirius Xm Holdings | 9.18 Bn | 8.75 Bn | 1.44 Bn | 1.69 Bn |
| 8 | Skydance | 7.82 Bn | 5.74 Bn | - | - |
| 9 | Wpp | 5.71 Bn | -6.33 Bn | - | - |
| 10 | McGraw Hill | 2.69 Bn | 1.27 Bn | 439.20 Mn | 324.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 324.92 Mn |
| Mar 31, 2026 | 395.25 Mn |
| Dec 31, 2025 | 339.93 Mn |
| Sep 30, 2025 | 373.59 Mn |
| Jun 30, 2025 | 316.10 Mn |
| Mar 31, 2025 | 367.10 Mn |
| Dec 31, 2024 | 327.08 Mn |
| Sep 30, 2024 | 356.14 Mn |
| Jun 30, 2024 | 321.88 Mn |
API Access
McGraw Hill Operating Expenses 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=operating-expenses&ticker=MH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=MH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();