McGraw Hill, Inc.

McGraw Hill Expands AI-Powered Study and Student Engagement Tools for Higher Education

McGraw Hill is expanding AI-powered capabilities in its Connect higher-ed course solution, launching Learning Studio, a personalized hub offering AI-generated study resources such as chapter summaries, podcasts, and knowledge checks grounded in assigned course content. The company also announced a partnership with Breakout Learning that brings small-group discussion and AI-enabled feedback on critical thinking and communication skills to instructors at scale. No financial terms were disclosed. The offerings build on McGraw Hill's AI Reader, which has been used by more than 3 million students since 2024, and reinforce its precision-learning strategy as AI use grows across higher education.

•9d ago

McGraw Hill, Inc. Announces Successful Completion of Refinancing Transactions

McGraw Hill completed a series of refinancing transactions, issuing $400 million of 8.000% senior secured notes due 2033 and closing $930 million of senior secured term loans. Proceeds redeemed in full the 5.750% Secured Notes due 2028 and refinanced the existing term loan, while the revolver was extended to October 2031 with commitments increased to $150 million. The company also made a $50 million term-loan prepayment, and management reiterated a 2.0-2.5x net leverage target supported by recent rating agency upgrades.

•16d ago

McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction

McGraw Hill announced a $50 million prepayment of principal under its term loan facility as part of its ongoing deleveraging effort. Since its July 2025 IPO, the company has prepaid $659 million of term loan principal and $699 million in aggregate, including paydown of its Senior Unsecured Notes due 2029. CFO Bob Sallmann reiterated the company's 2-2.5x net leverage target, signaling continued balance-sheet strengthening while preserving flexibility for growth investment.

•24d ago

McGraw Hill's Emerge! K-5 Science of Reading Program Included on Pennsylvania's Curriculum Materials List for Evidence-Based Reading Instruction

McGraw Hill's Emerge! K-5 literacy program was added to the Pennsylvania Department of Education's Curriculum Materials for Evidence-Based Reading Instruction list. The list covers Pennsylvania's 500 school districts and 1.7 million students, positioning Emerge! for adoption decisions tied to Science of Reading mandates. Several other McGraw Hill programs (Open Court Reading, Reading Mastery Transformations, Wonders, Maravillas) are also on the list, underscoring the company's breadth in evidence-based literacy.

•1mo ago

S&P Global Ratings Upgrades McGraw Hill

S&P Global Ratings upgraded McGraw Hill's credit ratings on September 18, 2026, raising the corporate family rating to BB- from B+ and changing the outlook to stable. Senior secured notes and the senior secured first lien bank credit facility moved to BB from BB-, while senior unsecured notes were raised to B from B-. CFO Bob Sallmann said the upgrades "validate the progress we have made to reduce gross debt" and follow Moody's Ratings upgrades in July 2026. Two agency upgrades in two months support lower refinancing costs and an improved credit profile, though McGraw Hill's ratings remain in speculative grade.

•1mo ago

McGraw Hill Acquires TeachFX, Expanding Commitment to Great Teaching with AI Coaching Tool Designed by Educators

McGraw Hill (NYSE: MH) acquired TeachFX, an AI-native instructional coaching platform that records classroom audio and uses proprietary AI to generate feedback tied to instructional practices. Terms of the transaction were not disclosed. The deal expands McGraw Hill's offerings into an estimated $6 billion professional learning market and builds on its recent acquisition of Teachally, an AI-powered curriculum customization platform, together extending its K-12 AI strategy across content development and classroom implementation. Independent studies cited in the release found average academic improvement for students of educators using TeachFX in math, ELA and science, and an MCP-enabled integration with Claude for Teachers converts classroom feedback into actionable lesson plans.

•1mo ago

McGraw Hill K-12 Math Programs Approved by Florida Department of Education Through State Adoption Process

McGraw Hill's entire submitted K-12 math lineup has been approved by the Florida Department of Education through the state's instructional materials adoption process. The approvals span elementary through high school — Florida Math for grades K-8, Florida Math Accelerated for grades 6-7, plus Algebra 1, Geometry, Algebra 2, and Pre-Calculus Honors — making the programs available for all 67 Florida school districts serving roughly 3 million students to select and implement. State adoption qualifies the portfolio in one of the largest instructional-materials markets but does not guarantee district-level purchases, and no revenue impact is quantified; the supplemental platforms McGraw Hill Plus and ALEKS are positioned to ride along with the newly approved core curricula.

•1mo ago

McGraw Hill Acquires Teachally to Accelerate K-12 Curriculum Development and Expand AI Tools for Educators

McGraw Hill (NYSE: MH) has acquired Teachally, an AI platform for curriculum development, to speed how it builds, localizes and translates K-12 instructional content in the U.S. and international markets. Teachally, co-founded by Daniel Bernstein and Rushil Makkar, lets educators create standards-aligned lesson materials grounded in existing curriculum and embedded in the classroom tools teachers already use. McGraw Hill plans to fold the technology into its K-12 portfolio to shorten development cycles, improve speed-to-market, and help teachers personalize lesson planning and assessments. Terms of the transaction were not disclosed, so the financial impact cannot be sized; the deal reads as a strategic capability tuck-in rather than a near-term earnings driver.

•1mo ago

McGraw Hill, Inc. Reports Strong Fiscal First Quarter 2027 Results Exceeding Expectations

McGraw Hill reported fiscal Q1 revenue of $549.9 million, up 2.6% year-over-year, driven by a 9.8% increase in re-occurring revenue to $425.6 million. Profitability improved significantly, with GAAP net income rising to $57.9 million from $0.5 million in the prior year and Adjusted EBITDA margin expanding 192 basis points to 37.7%. The company reaffirmed its fiscal year 2027 guidance, projecting revenue of $2.115 billion to $2.175 billion and Adjusted EBITDA of $750 million to $790 million.

•2mo ago

MH: 10-Q · periodic report

McGraw Hill posted Q1 fiscal 2027 revenue of $549.9 million, up 2.6% year over year, while net income swung to $57.9 million from $0.5 million a year earlier, with diluted EPS of $0.30 versus $0.00. Adjusted EBITDA rose 8.2% to $207.0 million and margin expanded to 37.7% from 35.7%, helped by a $7.5 million IP sale gain, lower print manufacturing costs, and 22.1% lower interest expense after IPO-funded debt paydowns.

SEC 10-Q•2mo ago

McGraw Hill Expands Literacy Portfolio with ROAR, the Only Research-Backed Dyslexia Screener for K–12

McGraw Hill announced the exclusive integration of ROAR, a research-backed dyslexia screener developed at Stanford University, into its K-12 literacy portfolio. ROAR is the only screener designed to assess foundational reading skills across the full K-12 continuum, helping educators identify reading difficulties earlier and support targeted intervention. This addition complements existing McGraw Hill programs like Emerge! and Summit! and aligns with expanding state requirements for literacy screening.

•2mo ago

Moody’s Ratings Upgrades McGraw Hill

Moody’s Ratings upgraded McGraw Hill's corporate family rating to B1 from B2 and raised its senior secured and unsecured debt ratings, moving the outlook to stable. CFO Bob Sallmann stated the upgrades validate progress in strengthening the balance sheet, reducing debt, and lowering interest expense. The company provides education solutions for preK-12, higher education, and professional learning markets globally.

•2mo ago

McGraw Hill Expands Its AI-Powered ALEKS Product Portfolio

McGraw Hill expanded its AI-powered ALEKS portfolio with the launch of ALEKS Adventure for Grades 4–5 and ALEKS for Calculus II. The new releases complete the K–5 experience for ALEKS Adventure and extend the calculus sequence following last year's Calculus I launch. The ALEKS platform has supported over 65 million students for 25+ years, utilizing adaptive technology to personalize math instruction.

•3mo ago

McGraw Hill, Inc. Exceeds Fiscal Year 2026 Guidance Driven by Re-Occurring Revenue Growth and Delivers Positive Net Income

McGraw Hill reported FY26 revenue of $2.10 billion, up 0.1% year-over-year, exceeding guidance driven by strong Higher Education performance and 5.8% growth in re-occurring revenue. The company delivered GAAP net income of $35.3 million, a significant turnaround from an $85.8 million loss in the prior year, with Adjusted EBITDA rising to $744.3 million (35.4% margin). Management highlighted $645.6 million in gross debt reduction and authorized a new $50 million share repurchase program, signaling improved financial flexibility and confidence in future cash flows.

•4mo ago