Scholastic (SCHL) Operating Expenses (2009 - 2026)

On a TTM basis, Scholastic's Operating Expenses came in at $1.56 billion as of Aug 31, 2026, down 2.7% year-over-year; for FY2026 (ended May 31, 2026), it came in at $1.57 billion, down 2.7% from FY2025.

• Annual Operating Expenses has a five-year compound annual growth rate of 3.4% (FY2021 to FY2026).
• Across earlier fiscal years, Operating Expenses came in at $1.61 billion in FY2025 (+2.2%), $1.58 billion in FY2024 (-1.4%), $1.6 billion in FY2023 (+3.4%) and $1.55 billion in FY2022 (+16.8%).
• The fiscal Q1 2027 figure is the lowest quarterly Operating Expenses since fiscal Q1 2022.
• On a year-over-year basis, Operating Expenses has declined for five consecutive quarters, with an average decline of 0.6% over the last eight quarters.
• Peak year-over-year performance for Operating Expenses in the last five years was growth of 23.3% in fiscal Q2 2022, against a decline of 6.6% in fiscal Q4 2026 at the low end.
• Per Business Quant, the preceding three fiscal quarters came in at $424.7 million (Q4 2026), $356 million (Q3 2026) and $468.2 million (Q2 2026).