Wiley Reports First Quarter 2027 Results; Q1 in Line With Expectations and Full Year Outlook Reaffirmed
Wiley's fiscal first quarter ended July 31, 2026 produced revenue of $386 million, down 3% year over year, with a GAAP diluted loss per share of $0.23 versus EPS of $0.22 a year ago; management characterized the quarter as in line with expectations. On an adjusted basis, EPS of $0.44 fell 10% and Adjusted EBITDA of $68 million slipped 4%, as Research grew 4% (Research Publishing up 12% with help from Emerald) against a 19% Learning decline tied to prior-year AI licensing comparisons; AI licensing revenue totaled $14 million for the quarter.
Key figures
- Revenue
- 386361000
- Guidance
- FY27 reaffirmed: organic revenue low-to-mid single digit growth (Research mid-single digit); Adjusted EBITDA margin 26.5%-27.5%; Adjusted EPS $4.60-$5.05; Free Cash Flow ~$205M
- Revenue Yoy
- -3%
- Capex
- 14000000
- Net debt
- 1185000000
- Adjusted eps
- 0.44
- Adjusted ebitda
- 67822000
- Adjusted eps yoy
- -10%
- Learning revenue
- 92871000
- Research revenue
- 293490000
- Proforma leverage
- 2.1x
- Share repurchases
- 15000000
- Ai licensing revenue
- 14000000
- Learning revenue yoy
- -19%
- Gaap operating income
- 2937000
- Restructuring charges
- 16525000
- Adjusted ebitda margin
- 17.6%
- Dividends and buybacks
- 33000000
- Emerald purchase price
- approximately $450 million in cash
- Net debt to ebitda ttm
- 2.7x
- Research revenue growth
- +4%
- Learning adjusted ebitda
- 14030000
- Research adjusted ebitda
- 86896000
- Adjusted operating income
- 30905000
- Emerald fy27 fcf dilution
- $15 million
- Emerald fy27 eps accretion
- $0.10
- Research publishing growth
- +12%
- Acquisition integration costs
- 11039000
- Emerald fy27 revenue contribution
- $78 million
- Research solutions revenue change cc
- -30%
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.