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Scholastic (SCHL) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Sep 19, 2025

Scholastic (SCHL) reported revenue of $226M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -56% from the quarter before. Operating margin was -40.9%, net loss $71.1M (31.5% of revenue).

Revenue$226M
Year over year-5%
Quarter over quarter-56%
Operating margin-40.9%
Net earnings−$71.1M

Scholastic, Q1 FY26: revenue $226M (-5% year over year), operating margin -40.9%, net loss $71.1M, operating cash flow −$81.8M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$226M-56%-5%
Operating profit−$92.2M-272%—
Net earnings−$71.1M-562%—
Operating cash flow−$81.8M-177%—

What changed

Revenue was $225.6M in Q1 FY26, down 5% year over year and down 56% from the previous quarter.

Operating costs exceeded revenue by $92.2M, an operating margin of -40.9%. Total costs fell 2% while revenue fell 5%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $71.1M, after a profit of $15.4M the previous quarter.

Operating cash flow was −$81.8M. Non-cash charges added back $16.3M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $28.9M. Capital expenditures of $10.0M exceeded it, leaving free cash flow of −$91.8M.

Questions

What was Scholastic's revenue in the first quarter fiscal 2026?

Scholastic (SCHL) reported revenue of $226M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -56% from the quarter before.

Was Scholastic profitable in the first quarter fiscal 2026?

Operating loss was $92.2M (-40.9% of revenue) and net loss $71.1M.

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Source: Scholastic 10-Q on SEC EDGAR.