John Wiley & Sons Inc. Common Stock Q3 2026 Earnings Recap

John Wiley & Sons, Inc. reported a solid performance in Q3 fiscal 2026, demonstrating resilience in research publishing and rapid growth in AI revenue, despite soft market conditions in learning.

Key Takeaways

• Research publishing revenue grew 4% year-over-year, outpacing industry growth, with global output increasing by 11%.
• AI revenue reached a record $42 million year-to-date, surpassing the previous year's total with a quarter remaining.
• Adjusted EBITDA increased by 250 basis points, reflecting strong operational discipline and cost management initiatives.
• Operating cash flow nearly doubled to $103 million, underscoring robust cash generation capabilities.
• Shareholder returns were prioritized, with repurchases doubling to $70 million year-to-date as part of a $100 million full-year goal.