--- title: "Scholastic | 8-K: FY2026 Revenue Misses Estimate at USD 1.582 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/293660620.md" datetime: "2026-07-23T20:06:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293660620.md) - [en](https://longbridge.com/en/news/293660620.md) - [zh-HK](https://longbridge.com/zh-HK/news/293660620.md) generator: "portal-rs" --- # Scholastic | 8-K: FY2026 Revenue Misses Estimate at USD 1.582 B Revenue: As of FY2026, the actual value is USD 1.582 B, missing the estimate of USD 1.623 B. EPS: As of FY2026, the actual value is USD 2.34, missing the estimate of USD 3.775. EBIT: As of FY2026, the actual value is USD 26.4 M. #### Fiscal 2026 Full Year Financial Performance ##### Operating Income Reported operating income was $15.2 million, a 4% decrease from $15.8 million in fiscal 2025. Adjusted operating income, excluding one-time items, increased 32% to $47.1 million, up from $35.8 million in the prior year period. ##### Adjusted EBITDA Reported Adjusted EBITDA was $151.5 million, an increase of 4% from $145.4 million in fiscal 2025, aligning with guidance. On a comparable basis, Adjusted EBITDA increased 15% to $132.4 million, from $115.3 million in the prior year. ##### Cash Flow Net cash provided by operating activities was $50.9 million, compared to $124.2 million in the prior year period. Free cash flow was $436.0 million in fiscal 2026, significantly up from $29.2 million in the prior year period, primarily due to over $400 million in net proceeds from sale-leaseback transactions. ##### Capital Position Scholastic Corporation ended fiscal 2026 with net cash of $48.9 million, a notable improvement from a net debt position of - $136.6 million at the end of fiscal 2025. ##### Shareholder Returns Scholastic Corporation returned approximately $288.6 million to shareholders in fiscal 2026 through share repurchases and dividends. Share repurchases totaled $268.6 million for 7,336,966 shares of common stock. Dividends paid amounted to $20.0 million. ##### Overhead Costs Adjusted overhead costs, excluding one-time charges, were - $94.6 million, a decrease of $3.5 million (4%) compared to - $98.1 million in fiscal 2025. #### Fiscal 2026 Fourth Quarter Financial Performance ##### Operating Income Reported operating income decreased 4% to $51.4 million, compared to $53.5 million in the prior year quarter. Adjusted operating income, excluding one-time charges, decreased $5.1 million to $58.3 million. ##### Adjusted EBITDA Reported Adjusted EBITDA was $84.7 million, compared to $91.2 million in the prior-year period. On a comparable basis, Adjusted EBITDA increased $1.0 million from $83.7 million in the prior year period. ##### Cash Flow Net cash provided by operating activities was $90.0 million, compared to $106.9 million in the prior year quarter. Free cash flow was $70.0 million, compared to $86.2 million in the prior year quarter. ##### Overhead Costs Adjusted overhead costs, excluding one-time charges, increased $3.7 million to - $33.8 million, from - $30.1 million in the prior year quarter. #### Segment Performance (Full Year Fiscal 2026 vs. Fiscal 2025, excluding one-time items) ##### Children’s Book Publishing and Distribution Book Clubs revenues were $57.1 million, a decline of 11%. Book Fairs revenues were $576.0 million, an increase of 5%. Consolidated Trade revenues were $331.1 million, a decrease of 6%. Adjusted operating income was $143.7 million, up $12.4 million (9%) from $131.3 million. ##### Education Revenues decreased 14% to $267.6 million. Adjusted operating income was $0.2 million, a decrease of $6.7 million (97%) from $6.9 million. ##### Entertainment Revenues increased 8% to $65.7 million. Adjusted operating income was - $9.3 million, a decrease of $2.1 million (29%) from - $7.2 million. ##### International Revenues decreased 1% to $277.2 million. Adjusted operating income was $7.1 million, an increase of $4.2 million (145%) from $2.9 million. #### Segment Performance (Fourth Quarter Fiscal 2026 vs. Fiscal 2025, excluding one-time items) ##### Children’s Book Publishing and Distribution Book Fairs revenues were $186.6 million, up 5%. Book Clubs revenues were $12.2 million, down 7%. Consolidated Trade revenues were $77.5 million, down 20%. Adjusted operating income was $60.3 million, up $2.1 million (4%). ##### Education Revenues decreased 13% to $109.2 million. Adjusted operating income was $27.9 million, a decrease of $3.4 million (11%). ##### Entertainment Revenues increased 42% to $21.0 million. Adjusted operating income improved $2.9 million (138%) to $0.8 million, from an adjusted operating loss of - $2.1 million in the prior year period. ##### International Revenues decreased 9% to $69.6 million, excluding favorable foreign currency exchange of $3.1 million. Adjusted operating income was $3.1 million, a decrease of $3.0 million (49%) from $6.1 million. #### Outlook for Fiscal 2027 For fiscal 2027, Scholastic Corporation anticipates revenue growth of approximately 2% to 4% and Adjusted EBITDA between $135 million to $145 million, reflecting growth on a comparable basis compared to fiscal 2026. The company also expects Free Cash Flow to be approximately $35 million to $40 million. This outlook is driven by expected growth in Children’s Books, Entertainment, and International segments, improved performance in Education, disciplined cost management, and targeted investments in long-term growth opportunities. ### Related Stocks - [SCHL.US](https://longbridge.com/en/quote/SCHL.US.md) ## Related News & Research - [Cemat publishes H1 2026 interim report](https://longbridge.com/en/news/297006906.md) - [SoftwareOne attaches full H1 2026 report in correction to earlier release](https://longbridge.com/en/news/297010247.md) - [Ameriprise Financial declares Q3 2026 dividend of R$ 1.48 per unit](https://longbridge.com/en/news/297021432.md) - [Americold Realty Trust declares Q3 2026 dividend of $0.23 per share](https://longbridge.com/en/news/297083798.md) - [Cybeats updates financial calendar, schedules Q2 fiscal 2026 results webcast](https://longbridge.com/en/news/297086797.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**