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John Wiley & Sons (WLY) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Dec 5, 2025
John Wiley & Sons (WLY) reported revenue of $422M for the second quarter fiscal 2026 (Q2 FY26), -1% from a year earlier and +6% from the quarter before. Operating margin was 17.3%, net earnings $44.9M (10.6% of revenue).
John Wiley & Sons, Q2 FY26: revenue $422M (-1% year over year), operating margin 17.3%, net earnings $44.9M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $422M | +6% | -1% |
| Operating profit | $73.0M | +136% | +14% |
| Net earnings | $44.9M | +284% | +11% |
| Operating cash flow | $8.5M | — | — |
What changed
Revenue was $421.8M in Q2 FY26, down 1% year over year and up 6% from the previous quarter.
Operating profit was $73.0M, a 17.3% margin (up 2.3 points year over year). Total costs fell 4% while revenue fell 1%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $44.9M, up 11% year over year. The effective tax rate was 22.6%.
Operating cash flow was $8.5M, 19% of net earnings. Non-cash charges added back $35.9M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items used $77.9M. Capital expenditures of $13.1M exceeded it, leaving free cash flow of −$4.6M.
Questions
What was John Wiley & Sons' revenue in the second quarter fiscal 2026?
John Wiley & Sons (WLY) reported revenue of $422M for the second quarter fiscal 2026 (Q2 FY26), -1% from a year earlier and +6% from the quarter before.
Was John Wiley & Sons profitable in the second quarter fiscal 2026?
Operating profit was $73.0M (17.3% of revenue) and net earnings $44.9M.
Source: John Wiley & Sons 10-Q on SEC EDGAR.