Scholastic Q1 revenue falls 5% to $225.6 million; loss widens, guidance affirmed
Scholastic reported a fiscal first-quarter 2026 operating loss of $92.2 million and a diluted loss of $2.83 per share, both worse than a year earlier, on revenue that fell 5%. The company affirmed its fiscal 2026 guidance and said adjusted EBITDA improved 8% to a loss of $55.7 million, driven by lower overhead and higher Children's Book Publishing and Distribution revenue.
Key points
- Revenues fell 5% to $225.6 million from $237.2 million, mainly due to Education Solutions revenue down 28% to $40.1 million.
- Diluted loss per share was $2.83 versus $2.21 a year earlier; excluding one-time items it was $2.52 versus $2.13.
- Free cash use was $100.2 million versus $68.7 million, and net debt rose to $242.8 million from $152.1 million.
- Fiscal 2026 guidance was affirmed; sale-leaseback processes for certain real estate are expected to conclude this fall, with $70.0 million remaining under the buyback authorization.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 September 18, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.