Scholastic FY2026 net income rises to $56.7 million as revenue falls 3%
Scholastic reported fiscal 2026 revenue of $1.58 billion, down 3%, while net income rose to $56.7 million from a $1.9 million loss, helped by a $99.7 million gain on sale-leaseback transactions. Adjusted EBITDA rose 4% to $151.5 million, in line with guidance, and the company returned $288.6 million to shareholders. Its fiscal 2027 outlook calls for revenue growth of about 2% to 4% and Adjusted EBITDA of $135 million to $145 million.
Key points
- Fiscal 2026 revenue fell 3% to $1,581.9 million; fourth-quarter revenue fell 6% to $476.1 million.
- Fiscal 2026 diluted EPS was $2.34, compared with a loss of $0.07 a year earlier; operating income was $15.2 million versus $15.8 million.
- Fiscal 2027 outlook: revenue growth of about 2% to 4% and Adjusted EBITDA of about $135 million to $145 million.
- The company returned about $288.6 million to shareholders in fiscal 2026 and had $183.0 million left on its repurchase authorization at May 31, 2026.
The filing
Written by AI on Nov 8, 2026, 2:07 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 July 23, 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.