McGraw Hill, Inc.

For the period ended Jun 30, 2026. Filed Aug 13, 2026.

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.

Jun 30, 2026 · Filed Aug 13, 2026

MH$10.76+0.7%Stored close · as of Nov 10, 2026

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

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Contents

Unaudited Consolidated Balance Sheets

CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except for share data)

	June 30, 2026	March 31, 2026
(Unaudited)
Assets
Current assets
Cash and cash equivalents	$193,637	$253,519
Accounts receivable, net of allowance for credit losses of $12,638 and $14,517 as of June 30, 2026 and March 31, 2026, respectively	377,884	362,483
Inventories, net	183,213	195,022
Prepaid and other current assets	133,328	162,625
Total current assets	888,062	973,649
Product development costs, net	306,676	285,970
Property, plant and equipment, net	92,505	90,421
Goodwill	2,522,595	2,522,595
Other intangible assets, net	1,173,912	1,227,253
Deferred income taxes	8,546	8,572
Operating lease right-of-use assets	43,225	44,836
Other non-current assets	343,131	332,225
Total assets	$5,378,652	$5,485,521
Liabilities and stockholders' equity (deficit)
Current liabilities
Accounts payable	$118,740	$126,701
Accrued royalties	100,656	81,436
Accrued compensation	33,569	108,434
Deferred revenue	732,926	835,357
Current portion of long-term debt	13,170	13,170
Operating lease liabilities	7,592	8,365
Other current liabilities	138,553	93,086
Total current liabilities	1,145,206	1,266,549
Long-term debt	2,561,270	2,560,698
Deferred income taxes	15,443	15,214
Long-term deferred revenue	789,230	836,001
Operating lease liabilities	55,898	57,301
Other non-current liabilities	23,215	23,540
Total liabilities	4,590,262	4,759,303
Commitments and contingencies (Note 15)
Stockholders' equity (deficit)
Common Stock, par value $0.01 per share; 2,000,000,000 shares authorized, 191,276,168 and 191,146,027 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively	1,911	1,911
Additional paid-in capital	1,978,413	1,972,702
Accumulated deficit	(1,188,020)	(1,245,880)
Accumulated other comprehensive income (loss)	(3,914)	(2,515)
Total stockholders' equity (deficit)	788,390	726,218
Total liabilities and stockholders' equity (deficit)	$5,378,652	$5,485,521

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.