John Wiley & Sons, Inc. (NYSE: WLYB)

John Wiley & Sons Inc is a global leader in research and learning providing content services platforms and knowledge networks to researchers students instructors professionals institutions and corporations The company operates as a predominantly digital enterprise with 83 percent of its adjusted revenue for fiscal year 2025 generated by digital products and services Its core activities include publishing scientific technical medical and scholarly journals offering digital courseware and assessments and delivering content platforms and services that support research and professional development Wiley is incorporated in the state of New York and has been operating since its founding in 1807

The company generates revenue through the sale of publishing content digital platforms and related services across its operational segments Research revenue comes from journal subscriptions transformational agreements open access publishing and licensing and ancillary products Learning revenue is derived from print and digital publishing digital courseware assessments and licensing and ancillary products The Held for Sale or Sold segment includes non-core businesses that were either held for sale or divested during the fiscal year Revenue is generated globally through direct sales to institutions consortia and professionals as well as through independent agents retailers and digital platforms

The company operates through the following segments: Research Learning and Held for Sale or Sold

• Research supports researchers professionals and learners in the discovery and use of research knowledge It provides over 1800 scientific technical medical and scholarly journals along with related content and services in physical sciences and engineering health sciences social sciences and humanities and life sciences Research customers include academic corporate government and public libraries funders of research researchers scientists clinicians engineers technologists scholarly and professional societies and students and professors Research products are sold globally through direct agreements with research libraries and library consortia independent subscription agents and direct sales to researchers and professional society members For fiscal year 2025 approximately 96 percent of Research revenue is generated by digital and online products and services Research publishing centers are located in Australia China Germany India the UK and the US.

• Learning includes Academic and Professional and offers scientific professional and education print and digital books digital courseware and assessment services for businesses and professionals Primary categories served include business and leadership technology behavioral health engineering architecture science and professional education Products are sold through brick-and-mortar and online retailers wholesalers college bookstores individual practitioners corporations distributor networks and government agencies Publishing centers are located in Australia Germany India the UK and the US For fiscal year 2025 approximately 60 percent of Learning revenue is from digital and online products and services.

• Held for Sale or Sold primarily consists of non-core businesses that were classified as held for sale until the date of sale as well as other businesses that were sold This includes University Services sold on January 1 2024 Wiley Edge sold on May 31 2024 except its India operations which were sold on August 31 2024 CrossKnowledge sold on August 31 2024 and other businesses sold in fiscal years 2024 and 2023 CrossKnowledge previously offered online learning and training solutions for global corporations and small and medium-sized enterprises Wiley Edge sourced students and professionals for technology and banking services careers and placed them with financial institutions technology companies and government agencies.

Wiley is one of the world’s largest publishers and a global leader in research and learning It maintains a strong position in the academic publishing industry with a top three ranking in terms of citations received according to the 2024 release of the Journal Citation Reports The company’s competitive advantages include its long-standing publishing alliances with prestigious societies such as the American Cancer Society the American Heart Association and the American Geophysical Union its digital content platform Wiley Online Library and its focus on high-growth areas such as open access publishing and content licensing for artificial intelligence models

Wiley serves a diverse customer base including researchers students instructors professionals institutions and corporations Specific customer types include academic corporate government and public libraries funders of research scientists clinicians engineers technologists scholarly and professional societies college bookstores individual practitioners corporations and government agencies The company also works with professional societies that sponsor or own journals and receive royalties or financial consideration for their partnership