McGraw Hill, Inc.

For the period ended Sep 30, 2025. Filed Nov 12, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 12, 2025

MH$10.69-1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Consolidated Statement of Changes in Equity (Deficit)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

(Unaudited; dollars in thousands, except for share data)

Class A Voting Common Stock · Class B Non-Voting Common Stock · Common Stock · Additional Paid-in Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total Stockholders' Equity (Deficit)
Shares · Amount · Shares · Amount · Shares · Amount
Balance at March 31, 2024	165,160,216	$1,652	1,451,303	$14	—	$—	$1,562,204	$(1,195,361)	$245	$368,754
Net income (loss)	—	—	—	—	—	—	—	(9,447)	—	(9,447)
Other comprehensive income (loss), net of tax	—	—	—	—	—	—	—	—	(1,205)	(1,205)
Balance at June 30, 2024	165,160,216	$1,652	1,451,303	$14	—	$—	$1,562,204	$(1,204,808)	$(960)	$358,102
Net income (loss)	—	—	—	—	—	—	—	133,403	—	133,403
Other comprehensive income (loss), net of tax	—	—	—	—	—	—	—	—	947	947
Balance at September 30, 2024	165,160,216	$1,652	1,451,303	$14	—	$—	$1,562,204	$(1,071,405)	$(13)	$492,452

Class A Voting Common Stock · Class B Non-Voting Common Stock · Common Stock · Additional Paid-in Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total Stockholders' Equity (Deficit)
Shares · Amount · Shares · Amount · Shares · Amount
Balance at March 31, 2025	165,160,216	$1,652	1,451,303	$14	—	$—	$1,562,204	$(1,281,200)	$(2,426)	$280,244
Net income (loss)	—	—	—	—	—	—	—	502	—	502
Other comprehensive income (loss), net of tax	—	—	—	—	—	—	—	—	2,515	2,515
Balance at June 30, 2025	165,160,216	$1,652	1,451,303	$14	—	$—	$1,562,204	$(1,280,698)	$89	$283,261
Net income (loss)	—	—	—	—	—	—	—	105,284	—	105,284
Other comprehensive income (loss), net of tax	—	—	—	—	—	—	—	—	(549)	(549)
Conversion of Class A and Class B Common Stock to Common Stock	(165,160,216)	(1,652)	(1,451,303)	(14)	166,611,519	1,666	—	—	—	—
Issuance of Common Stock in Initial Public Offering, net of offering costs	—	—	—	—	24,390,000	244	375,276	—	—	375,520
Stock-based compensation expense	—	—	—	—	—	—	31,076	—	—	31,076
Balance at September 30, 2025	—	$—	—	$—	191,001,519	$1,910	$1,968,556	$(1,175,414)	$(460)	$794,592

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.