<span item_type="fundamental" item_id="5a69e5b9bf6d366d88729d3c80e211cc" counter_id="ST/US/WLYB" env="prod"></span><span item_type="announcement" item_id="556975855684558721" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 396.8 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD 0.22.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 17.71 M.</p><p></p><h3>Research Segment</h3><ul><li><strong>Revenue</strong>: Q1 Research revenue was $282 million, up 6% as reported and 5% at constant currency, driven by AI licensing revenue of $16 million compared to $1 million in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li><li><strong>Adjusted EBITDA</strong>: $80 million, up 2% as reported and at constant currency, with an adjusted EBITDA margin of 28.3% compared to 29.3% in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li></ul><h3>Learning Segment</h3><ul><li><strong>Revenue</strong>: Q1 Learning revenue was $115 million, down 7% as reported and 8% at constant currency, largely due to $16 million of AI licensing revenue in the prior year versus $13 million this quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li><li><strong>Adjusted EBITDA</strong>: $31 million, down 7% as reported and at constant currency, with an adjusted EBITDA margin of 27.4%, slightly up over the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li></ul><h3>Corporate Expenses</h3><ul><li><strong>Adjusted EBITDA</strong>: Corporate Expenses rose 4% on an Adjusted EBITDA basis at constant currency, driven primarily by costs related to strategic consulting projects, enterprise modernization, and other one-time items.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: $85 million compared to $89 million in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li><li><strong>Free Cash Flow less Product Development Spending</strong>: A use of $100 million compared to a use of $107 million in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li></ul><h3>Fiscal 2026 Outlook</h3><ul><li>Wiley is reaffirming its full-year outlook based on leading demand and output indicators, the success of calendar year 2025 journal renewals, and anticipated cost savings.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/wly-2026731xex991.htm"></span></li></ul><h3>Segment Revenue</h3><ul><li><strong>Research</strong>: Total revenue for Q1 2026 was $282 million, a 6% increase from the previous year, with Research Publishing at $232 million (0% change) and Research Solutions at $50 million (45% increase).<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li><li><strong>Learning</strong>: Total revenue for Q1 2026 was $115 million, a 7% decrease from the previous year, with Academic revenue at $55 million and Professional revenue at $60 million, both decreasing by 7%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Adjusted Revenue</strong>: Increased by 1% to $397 million.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li><li><strong>Adjusted EBITDA</strong>: Decreased by 3% to $70 million, with an adjusted EBITDA margin of 17.8%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li><li><strong>Net Income</strong>: Reported at $11.7 million for Q1 2026, compared to a loss of $1.4 million in the previous year.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Free Cash Flow</strong>: Use of $100 million, an improvement from the prior year’s use of $107 million.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>AI Revenue</strong>: $29 million realized in Q1 2026 from AI content licensing across both Research and Learning segments.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company expects low-to-mid single-digit growth in adjusted revenue for fiscal 2026, with adjusted EBITDA margin projected to be between 25.5% and 26.5%. Free cash flow is anticipated to be approximately $200 million.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/107140/000010714025000152/q126earningspresentation.htm"></span></li></ul>

John Wiley & Son | 8-K: FY2026 Q1 Revenue: USD 396.8 M