McGraw Hill Inc. (NYSE:MH) shares rose 18.72% to $14.65 in after-hours trading on Wednesday after the company reported fiscal third-quarter 2026 results and updated its full-year guidance.
Strong Q3 Performance Drives Momentum
McGraw Hill reported revenue of $434.2 million for the quarter ended Dec. 31, 2025, up 4.2% from the same period last year. Higher Education revenue rose 24% to $225.4 million, while K-12 revenue fell 14.6% to $128.2 million.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $135.9 million, with a margin of 31.3%, up about 100 basis points.
The generally accepted accounting principles net loss narrowed to $20.2 million from $52.9 million in the prior-year period.
McGraw Hill also said it has accelerated debt paydown with $200 million in term loan prepayments during the quarter.
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