McGraw Hill, Inc.

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 2026

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

Consolidated Balance Sheets

(Dollars in thousands, except for share data)

	September 30, 2026	March 31, 2026
(Unaudited)
Assets
Current assets
Cash and cash equivalents	$232,955	$253,519
Accounts receivable, net of allowance for credit losses of $15,903 and $14,517 as of September 30, 2026 and March 31, 2026, respectively	644,842	362,483
Inventories, net	159,355	195,022
Prepaid and other current assets	168,353	162,625
Total current assets	1,205,505	973,649
Product development costs, net	320,640	285,970
Property, plant and equipment, net	94,093	90,421
Goodwill	2,543,550	2,522,595
Other intangible assets, net	1,129,427	1,227,253
Deferred income taxes	8,441	8,572
Operating lease right-of-use assets	42,241	44,836
Other non-current assets	365,977	332,225
Total assets	$5,709,874	$5,485,521
Liabilities and stockholders' equity (deficit)
Current liabilities
Accounts payable	$116,356	$126,701
Accrued royalties	116,114	81,436
Accrued compensation	64,479	108,434
Deferred revenue	974,119	835,357
Current portion of long-term debt	13,170	13,170
Operating lease liabilities	7,035	8,365
Other current liabilities	113,953	93,086
Total current liabilities	1,405,226	1,266,549
Long-term debt	2,513,574	2,560,698
Deferred income taxes	15,714	15,214
Long-term deferred revenue	816,382	836,001
Operating lease liabilities	54,887	57,301
Other non-current liabilities	27,020	23,540
Total liabilities	4,832,803	4,759,303
Commitments and contingencies (Note 16)
Stockholders' equity (deficit)
Common Stock, par value $0.01 per share; 2,000,000,000 shares authorized, 191,308,814 and 191,146,027 shares issued and outstanding as of September 30, 2026 and March 31, 2026, respectively	1,911	1,911
Additional paid-in capital	1,980,073	1,972,702
Accumulated deficit	(1,101,641)	(1,245,880)
Accumulated other comprehensive income (loss)	(3,272)	(2,515)
Total stockholders' equity (deficit)	877,071	726,218
Total liabilities and stockholders' equity (deficit)	$5,709,874	$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.