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Filing Flows › McGraw Hill (MH) › Q1 FY27 › vs Q4 FY26

McGraw Hill (MH) Q1 FY27 vs Q4 FY26 (quarter over quarter)

McGraw Hill's revenue rose $86.2M (+19%) from $464M in Q4 FY26 to $550M in Q1 FY27. Gross margin 79.9% against 83.9% (-4.0 pts).

McGraw Hill, Q1 FY27: revenue $550M (+3% year over year), operating margin 20.8%, net earnings $57.9M, operating cash flow $601K. The chart draws each line against Q4 FY26, the increases inside each band.

McGraw Hill: what changed, Q1 FY27 vs Q4 FY26McGraw Hill: what changed, Q1 FY27 vs Q4 FY26Operating cash flow$147MNegative free cash flow (OCF …−$147MPre-tax earnings$121MOperating profit$121MNet earnings$108MOperating cash sources$108MOperating expenses−$70.3MGross profit$50.3MOther operating costs−$41.1MWorking capital & other−$38.8M

Margins

Q1 FY27Q4 FY26Change
Gross margin79.9%83.9%-4.0 pts
Operating margin20.8%-1.4%+22.2 pts
Net margin10.5%-10.8%+21.4 pts

Every line

LineQ1 FY27Q4 FY26Change%
Revenue$550M$464M$86.2M+19%
Gross profit$439M$389M$50.3M+13%
Cost of revenue$111M$74.8M$35.9M+48%
Operating profit$114M−$6.4M$121M—
Operating expenses$325M$395M−$70.3M-18%
Pre-tax earnings$68.5M−$52.7M$121M—
Other expense, net$45.8M$46.4M−$606K-1%
Research & development$59.8M$73.6M−$13.8M-19%
Sales & marketing$94.8M$102M−$6.8M-7%
General & admin$86.8M$95.5M−$8.7M-9%
Other operating costs$83.5M$125M−$41.1M-33%
Net earnings$57.9M−$50.3M$108M—
Income tax$10.7M−$2.5M$13.1M—
Operating cash sources$145M$37.3M$108M+289%
Depreciation & amortization$83.5M$85.6M−$2.1M-2%
Share-based compensation$3.9M$2.0M$1.9M+96%
Working capital & other$145M$183M−$38.8M-21%
Operating cash flow$601K−$146M$147M—
Capital expenditures$23.9M$23.8M$106K+0.4%
Negative free cash flow (OCF − capex)$23.3M$170M−$147M-86%

Questions

How much did McGraw Hill's revenue grow quarter over quarter in Q1 FY27?

McGraw Hill's revenue rose $86.2M (+19%) from $464M in Q4 FY26 to $550M in Q1 FY27. Gross margin 79.9% against 83.9% (-4.0 pts).

Q1 FY27 results → · Compare in the interactive Sankey →