Third‑Quarter 2026 Performance of John Wiley & Sons Inc.

John Wiley & Sons Inc. (NYSE: WLY) reported its third‑quarter results for the period ended January 31, 2026.

Revenue

  • GAAP revenue: $410 million, a 1 % increase over the same period in 2025.
  • Adjusted (constant‑currency) revenue: $410 million, flat versus the prior year, reflecting weaker market conditions in the Learning segment and an unfavorable comparison in Research and market‑related softness.

Income and Earnings

  • GAAP operating income: $63 million, up 21 % YoY.
  • GAAP diluted EPS: $0.56, compared with a loss of ($0.43) in the prior year.
  • Adjusted operating income: $70 million, up 22 % and a margin of 17 % (up 280 basis points).
  • Adjusted EBITDA: $105 million, up 12 % and a margin of 25.7 % (up 250 basis points).
  • Adjusted EPS: $0.97, up 19 % YoY.

Segment Highlights

  • Research Publishing: Delivered 3 % revenue growth on a reported basis (1 % on a constant‑currency basis). When excluding an unfavorable comparison to the prior year related to an AI agreement, the segment grew 4 % at constant currency, driven by recurring revenue and open‑access models.
  • AI & Data Services: Realized $7 million in AI revenue during the quarter, underscoring momentum in the company’s AI initiatives.

Cash Flow and Margin Expansion

Adjusted EBITDA expansion of 12 % and margin improvement of 250 basis points indicate strengthening cash flow and effective cost management.

Analyst Expectations

A German analyst forecasted the quarter‑end EPS at $0.86 and revenue of $391 million, a 3.37 % decline from the prior year’s $404.6 million. The analyst also projected full‑year EPS of $4.00, up from $1.53 in 2025, and full‑year revenue of $1.66 billion versus $1.68 billion previously.

Market Context

The company’s stock, trading on the New York Stock Exchange, closed at $34.73 on March 4, 2026. The 52‑week high was $47.26 (March 9, 2025) and the 52‑week low was $28.38 (February 3, 2026). With a market capitalization of approximately $1.61 billion and a price‑earnings ratio of 16.73, Wiley remains a significant player in the communication services sector, focused on scientific, technical, and medical publishing, professional and consumer books, and educational materials.

These results demonstrate that Wiley continues to generate modest revenue growth while improving profitability and capitalizing on AI‑driven opportunities.