John Wiley & Sons (WLY) posted fiscal second-quarter 2026 results with revenue of $468 million, a 5.3% year-over-year increase, and adjusted EPS of $1.34, surpassing analyst forecasts. The performance reflects resilience in academic publishing and digital content growth.
- Q2 2026 revenue: $468 million, up 5.3% YoY
- Adjusted EPS: $1.34, surpassing $1.28 consensus
- Digital content revenue grew 12.4% YoY
- Operating margin expanded to 18.7%
- Free cash flow reached $89 million, up 9.4%
- Stock rose 4.2% in after-hours trading
John Wiley & Sons (WLY) delivered solid financial results for fiscal Q2 2026, reporting revenue of $468 million, up 5.3% compared to the same period last year. The company achieved adjusted earnings per share of $1.34, exceeding the consensus estimate of $1.28 by 5.5%. This improvement was driven by sustained demand in higher education textbooks and increased adoption of digital learning platforms across international markets. The academic publishing segment contributed $342 million in revenue, representing 73% of total sales and a 6.1% year-over-year growth. Subscription-based digital content revenue rose 12.4%, highlighting ongoing shifts in student and institutional preferences toward online resources. Meanwhile, professional and scientific publishing recorded a 2.8% increase in revenue, supported by new journal titles and expanded partnerships with research institutions. Operating margins improved to 18.7% from 17.9% in the prior-year quarter, reflecting effective cost management and continued investment in technology infrastructure. The company also reported free cash flow of $89 million, marking a 9.4% increase and underlining strong liquidity and capital allocation discipline. WLY’s performance has drawn positive market attention, with shares rising 4.2% in after-hours trading. Investors appear encouraged by the company’s ability to maintain growth in a competitive education technology landscape, particularly as traditional print revenues stabilize and digital offerings expand.