McGraw Hill, Inc. (MH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 463.72M | 434.16M | 669.19M | 535.71M | 473.26M | 416.49M | 522.95M | 419.31M | 501.12M | 400.81M | 407.12M | 628.75M | 511.09M | 363.89M | 437.63M | 321.86M | 362.5M | 523.25M | 337.09M | 292.32M |
| Revenue Growth % | -2.02% | 4.24% | - | 2.44% | 12.87% | - | 4.36% | 4.62% | -1.95% | 10.15% | - | - | 16.79% | 13.06% | 29.83% | 10.11% | -0.64% | -3.57% | -12.44% | 4.79% |
| Cost of Goods Sold | 74.83M | 63.84M | 139.08M | 123.38M | 78.39M | 65.25M | 125.29M | 80.2M | 205.93M | 84.21M | 76.8M | 166.5M | 122.02M | 74.35M | 94.2M | 67.49M | 68.98M | 121.78M | 78.08M | 59.08M |
| COGS % of Revenue | 16.14% | 14.71% | 20.78% | 23.03% | 16.56% | 15.67% | 23.96% | 19.13% | 41.09% | 21.01% | 18.86% | 26.48% | 23.87% | 20.43% | 21.53% | 20.97% | 19.03% | 23.27% | 23.16% | 20.21% |
| Gross Profit | 388.89M | 370.32M | 530.11M | 412.33M | 394.87M | 351.24M | 397.66M | 339.11M | 295.19M | 316.6M | 330.32M | 462.25M | 389.08M | 289.54M | 343.43M | 254.38M | 293.52M | 401.47M | 259.01M | 233.24M |
| Gross Margin % | 83.86% | 85.29% | 79.22% | 76.97% | 83.44% | 84.33% | 76.04% | 80.87% | 58.91% | 78.99% | 81.14% | 73.52% | 76.13% | 79.57% | 78.47% | 79.03% | 80.97% | 76.73% | 76.84% | 79.79% |
| Gross Profit Growth % | -1.51% | 5.43% | - | 3.69% | 16.44% | - | 34.71% | 7.11% | -24.13% | 9.34% | - | - | 13.29% | 13.82% | 32.59% | 9.06% | 2.07% | -2.23% | -9.69% | 8.47% |
| Operating Expenses | 50.64M | 339.93M | 373.58M | 316.1M | 367.1M | 327.08M | 321.88M | 379.71M | 249.76M | 364.27M | 618.06M | 369.1M | 334.98M | 751.16M | 217.88M | 261.3M | 228.22M | 252.46M | 216.9M | 287.71M |
| OpEx % of Revenue | 10.92% | 78.29% | 55.83% | 59.01% | 77.57% | 78.53% | 61.55% | 90.56% | 49.84% | 90.88% | 151.81% | 58.7% | 65.54% | 206.43% | 49.79% | 81.18% | 62.96% | 48.25% | 64.34% | 98.42% |
| Selling, General & Admin | 197.05M | 176.74M | 211.11M | 162.79M | -48.55M | 250.09M | 169.55M | 257.88M | 235.59M | 282.57M | 228.4M | 284.31M | 239.26M | 366.89M | 188.57M | 225M | 191.25M | 218.65M | 173.62M | 236.73M |
| SG&A % of Revenue | 42.49% | 40.71% | 31.55% | 30.39% | -10.26% | 60.05% | 32.42% | 61.5% | 47.01% | 70.5% | 56.1% | 45.22% | 46.81% | 100.83% | 43.09% | 69.9% | 52.76% | 41.79% | 51.5% | 80.98% |
| Research & Development | 0 | 67.52M | 69.65M | 65.46M | 0 | 0 | 63.45M | 0 | 0 | 32.48M | 0 | 0 | 0 | 18.51M | 0 | 35.35M | 0 | 0 | 0 | 37.81M |
| R&D % of Revenue | - | 15.55% | 10.41% | 12.22% | - | - | 12.13% | - | - | 8.1% | - | - | - | 5.09% | - | 10.98% | - | - | - | 12.93% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 949K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -6.36M | 30.39M | 156.53M | 96.22M | 27.77M | 24.16M | 75.78M | -40.6M | 45.43M | -47.68M | -287.74M | 93.15M | 54.09M | -461.62M | 125.55M | -6.92M | 65.31M | 149.01M | 42.11M | -54.47M |
| Operating Margin % | -1.37% | 7% | 23.39% | 17.96% | 5.87% | 5.8% | 14.49% | -9.68% | 9.07% | -11.9% | -70.68% | 14.81% | 10.58% | -126.86% | 28.69% | -2.15% | 18.02% | 28.48% | 12.49% | -18.63% |
| Operating Income Growth % | -122.91% | 25.8% | - | 26.98% | 168.4% | - | 66.8% | 14.84% | -16.01% | 89.67% | - | - | -56.91% | -6572.8% | 198.16% | 87.3% | 18652.56% | 45% | 480.64% | 20.24% |
| EBITDA | 79.21M | 135.46M | 217.33M | 184.08M | 158.99M | 101.14M | 164.66M | 49.61M | 121.49M | 15.92M | -210.08M | 171.84M | 132.66M | -404.25M | 154.78M | 14.25M | 95.36M | 178.32M | 72.53M | -30.52M |
| EBITDA Margin % | 17.08% | 31.2% | 32.48% | 34.36% | 33.59% | 24.28% | 31.49% | 11.83% | 24.24% | 3.97% | -51.6% | 27.33% | 25.96% | -111.09% | 35.37% | 4.43% | 26.31% | 34.08% | 21.52% | -10.44% |
| EBITDA Growth % | -50.18% | 33.93% | - | 11.79% | 220.48% | - | 35.53% | 211.64% | -8.42% | 103.94% | - | - | -14.29% | -2936.27% | 113.41% | 146.7% | 16658.88% | 31.34% | 89.05% | 17.87% |
| D&A (Non-Cash Add-back) | 85.57M | 105.07M | 60.81M | 87.85M | 131.22M | 76.99M | 88.88M | 90.21M | 76.06M | 63.6M | 77.66M | 78.69M | 78.56M | 57.38M | 29.23M | 21.17M | 30.05M | 29.31M | 30.42M | 23.95M |
| EBIT | 32.64M | 34.83M | 140.16M | 96.22M | 27.77M | 24.16M | 75.78M | 1.9M | 45.43M | -45.81M | 24.27M | 99.24M | 71.25M | -153.24M | 125.62M | -870K | 72.22M | 153.51M | 54.97M | -40.08M |
| Net Interest Income | -45.15M | -47.36M | -55.94M | -58.77M | -63.55M | -68.88M | -80.88M | -79.75M | -79.56M | -72.05M | -75.13M | -67.29M | -63.75M | -61.69M | -41.76M | -63.35M | -43.9M | -41.63M | -44.44M | -52.95M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 45.15M | 47.36M | 55.94M | 58.77M | 63.55M | 68.88M | 80.88M | 79.75M | 79.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -46.38M | -55.54M | -72.3M | -58.77M | -63.55M | -68.88M | -80.88M | -79.75M | -79.56M | -69.26M | -75.13M | -57.53M | -63.75M | -61.69M | -38.26M | -60.58M | -43.9M | -41.63M | -44.44M | -51.79M |
| Pretax Income | -52.74M | -25.15M | 84.22M | 37.45M | -35.77M | -44.72M | -5.1M | -120.35M | -34.13M | -116.94M | -362.86M | 35.62M | -9.66M | -523.31M | 87.29M | -67.5M | 21.41M | 107.38M | -2.33M | -106.26M |
| Pretax Margin % | -11.37% | -5.79% | 12.59% | 6.99% | -7.56% | -10.74% | -0.97% | -28.7% | -6.81% | -29.18% | -89.13% | 5.67% | -1.89% | -143.81% | 19.95% | -20.97% | 5.91% | 20.52% | -0.69% | -36.35% |
| Income Tax | -2.47M | -4.95M | -21.06M | 36.95M | 121.09M | 8.21M | 4.35M | 25.51M | 2.37M | 9.72M | 50.62M | 11M | 397K | 14.1M | 3.2M | 5.85M | 3.51M | 3.92M | 922K | 762K |
| Effective Tax Rate % | 4.69% | 19.68% | -25% | 98.66% | -338.48% | -18.36% | -85.38% | -21.19% | -6.94% | -8.31% | -13.95% | 30.89% | -4.11% | -2.69% | 3.66% | -8.67% | 16.41% | 3.65% | -39.54% | -0.72% |
| Net Income | -50.27M | -20.2M | 105.28M | 502K | -156.87M | -52.93M | -9.45M | -145.86M | -31.76M | -107.22M | -312.24M | 24.61M | -9.26M | -509.22M | 84.09M | -73.35M | 17.89M | 103.46M | -3.25M | -107.02M |
| Net Margin % | -10.84% | -4.65% | 15.73% | 0.09% | -33.15% | -12.71% | -1.81% | -34.78% | -6.34% | -26.75% | -76.7% | 3.91% | -1.81% | -139.94% | 19.22% | -22.79% | 4.94% | 19.77% | -0.97% | -36.61% |
| Net Income Growth % | 67.96% | 61.84% | - | 105.31% | -7.55% | - | 70.26% | -36.04% | -242.98% | 78.95% | - | - | -111.01% | -594.2% | 2684.27% | 31.46% | 144.52% | 93.59% | 92.16% | 6.88% |
| Net Income (Continuing) | -50.27M | -20.2M | 105.28M | 502K | -156.87M | -52.93M | -9.45M | -145.86M | -31.76M | -107.22M | -312.24M | 24.61M | -9.26M | -509.22M | 84.09M | -73.35M | 17.89M | 103.46M | -3.25M | -107.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.27 | -0.11 | 0.55 | 0.00 | -0.82 | -0.28 | -0.05 | -0.76 | -0.19 | -0.64 | -1.88 | 0.15 | -0.06 | -3.07 | 0.00 | -6.33 | 1.65 | 9.52 | -0.30 | -9.85 |
| EPS Growth % | 67.07% | 60.71% | - | 105.25% | -7.89% | - | 73.95% | -18.75% | -237.48% | 79.15% | - | - | - | 51.5% | 100% | 35.74% | 144.35% | 92.32% | 92.23% | 7.86% |
| EPS (Basic) | -0.27 | -0.11 | 0.55 | 0.00 | -0.82 | -0.28 | -0.05 | -0.76 | -0.19 | -0.64 | -1.87 | 0.15 | -0.06 | -3.07 | 0.00 | -6.33 | 1.65 | 9.52 | -0.30 | -9.85 |
| Diluted Shares Outstanding | 187.34M | 191M | 191M | 191M | 191M | 191M | 191M | 191M | 166.61M | 166.61M | 166.6M | 166.56M | 166.56M | 165.61M | 113.41M | 11.59M | 10.86M | 10.86M | 10.86M | 10.86M |
| Basic Shares Outstanding | 183.55M | 183.63M | 191M | 191M | 191M | 191M | 191M | 191M | 166.61M | 166.61M | 166.35M | 166.56M | 164.5M | 165.61M | 113.41M | 11.59M | 10.86M | 10.86M | 10.86M | 10.86M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |