McGraw Hill (MH) Operating Income (2024 - 2026)

McGraw Hill's (MH) quarterly Operating Income came in at -$6.4 million in Q1 2026, down 122.91% YoY from $27.8 million in Q1 2025, and down 120.93% quarter-over-quarter from $30.4 million in Q4 2025.

McGraw Hill (MH) Operating Income (2024 - 2026) Analysis & Trends

McGraw Hill's Operating Income history runs 3 years deep, the most recent figure standing at -$6.4 million for Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 122.91% year-over-year to -$6.4 million; the trailing twelve-month figure through Mar 2026 stood at $276.8 million (down 9.79% YoY), and the FY2026 full-year result was $276.8 million, down 9.79% from the prior year.
  • Operating Income was -$6.4 million for Q1 2026 at McGraw Hill, down from $30.4 million in the prior quarter.
  • Over the last five years, Operating Income for MH reached as high as $179.1 million in Q3 2024 and fell as low as -$6.4 million in Q1 2026.
  • Median Operating Income over the past 3 years was $53.1 million (2024), compared with a mean of $72.9 million.
  • Across the five-year window, Operating Income grew 26.98% in 2025 and slumped 122.91% in 2026, its largest moves.
  • Over 3 years, Operating Income stood at $24.2 million in 2024, then rose by 25.8% to $30.4 million in 2025, then tumbled by 120.93% to -$6.4 million in 2026.
  • Business Quant data shows MH's Operating Income at -$6.4 million in Q1 2026, $30.4 million in Q4 2025, and $156.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -5.19 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn -27.53 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 57.83 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 91.34 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 129.08 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 95.46 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -6.36 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 339,000.00
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 63.12 Mn
10 Strategic Education 1.69 Bn 1.53 Bn - 41.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.36 Mn
Dec 31, 2025 30.39 Mn
Sep 30, 2025 156.53 Mn
Jun 30, 2025 96.23 Mn
Mar 31, 2025 27.77 Mn
Dec 31, 2024 24.16 Mn
Sep 30, 2024 179.10 Mn
Jun 30, 2024 75.78 Mn