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.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 79.9% | 83.9% | -4.0 pts |
| Operating margin | 20.8% | -1.4% | +22.2 pts |
| Net margin | 10.5% | -10.8% | +21.4 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| 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).