HMH revenue falls 14% to $171.3 million in first quarter 2026
HMH Holding Inc. reported first quarter 2026 revenue of $171.3 million, down 14% from a year earlier, and net income attributable to HMH Holding B.V. of $3.4 million, down 44%. Adjusted EBITDA was $30.1 million, roughly flat year over year, and the company gave full-year 2026 adjusted EBITDA guidance of $157 million to $177 million. The results are for the predecessor HMH Holding B.V., which the filing says do not reflect the holding company's IPO-related taxes or non-controlling interests.
Key points
- Revenue $171.3 million, down 14% year over year and down 15% from fourth quarter 2025
- Net income attributable to HMH Holding B.V. $3.4 million, down 44% year over year; adjusted EBITDA $30.1 million, flat year over year
- Orders of $218 million, up 10% year over year; book-to-bill of 1.3x
- Full-year 2026 adjusted EBITDA guidance of $157 million to $177 million; IPO completed April 2, 2026 at $20.00 per share
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.