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WLY

John Wiley & Sons, Inc.

WLY

John Wiley & Sons, Inc. • NYSE
$36.36 ▲ 0.97% (+0.35)
Market Cap $1.93 B
52w High $52.29
52w Low $32.92
Dividend Yield 1.42%
P/E 20.43
Volume 188.22K
Outstanding Shares 53.21M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $396.8M ▼ $240.33M ▼ $11.7M ▼ 2.949% ▼ $0.22 ▼ $65.195M ▼
Q4-2025 $442.579M ▲ $491.856M ▲ $68.093M ▲ 15.386% ▲ $1.27 ▲ $102.283M ▲
Q3-2025 $404.626M ▼ $248.576M ▼ $-22.954M ▼ -5.673% ▼ $-0.43 ▼ $69.174M ▼
Q2-2025 $426.595M ▲ $255.462M ▲ $40.458M ▲ 9.484% ▲ $0.75 ▲ $100.118M ▲
Q1-2025 $403.809M $248.819M $-1.436M -0.356% $-0.026 $75.058M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $81.85M ▼ $2.524B ▼ $1.791B ▼ $733.059M ▼
Q4-2025 $85.882M ▼ $2.691B ▲ $1.939B ▲ $752.206M ▲
Q3-2025 $104.51M ▲ $2.6B ▼ $1.915B ▲ $685.244M ▼
Q2-2025 $75.536M ▼ $2.609B ▼ $1.854B ▼ $755.255M ▲
Q1-2025 $82.545M $2.652B $1.938B $713.673M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $11.7M ▼ $-85.005M ▼ $98.856M ▲ $-16.924M ▲ $-4.082M ▲ $-97.01M ▼
Q4-2025 $68.093M ▲ $150.341M ▲ $-24.324M ▲ $-149.406M ▼ $-18.628M ▼ $125.107M ▲
Q3-2025 $-22.954M ▼ $146.242M ▲ $-25.205M ▼ $-89.007M ▼ $28.974M ▲ $124.859M ▲
Q2-2025 $40.458M ▲ $-5.28M ▲ $-20.682M ▲ $11.494M ▼ $-13.825M ▼ $-23.584M ▲
Q1-2025 $-1.436M $-88.712M $-23.807M $101.589M $-10.132M $-105.217M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Held For Sale Or Sold Segment
Held For Sale Or Sold Segment
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Learning Segment
Learning Segment
 $120.00M ▲$160.00M ▲$140.00M ▼$160.00M ▲
Research Segment
Research Segment
 $270.00M ▲$260.00M ▼$270.00M ▲$280.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has slipped over the past few years after an earlier peak, suggesting some pressure in the traditional publishing and education businesses. Profitability has been choppy, with one loss-making year and only modest profits in the others. The latest year shows a clear recovery in operating profit despite lower sales, which points to cost cutting, portfolio pruning, and a better business mix starting to work. Even so, earnings are still below the stronger years earlier in the period, which signals that Wiley is still in the middle of a transition rather than fully through it.

Balance Sheet

Balance Sheet The balance sheet has gradually shrunk, with total assets and shareholders’ equity drifting down while debt has stayed roughly the same. That means the company is now more leveraged than it was a few years ago, with a thinner equity cushion. Cash on hand is relatively small compared with total assets and debt, which is typical for a mature publisher but leaves less room for error if conditions worsen. Overall, the balance sheet looks serviceable but not especially conservative, making disciplined capital allocation and steady cash generation important to watch.

Cash Flow

Cash Flow Despite volatile earnings, cash generation has been more stable. Operating cash flow has remained consistently positive, although it has eased down from earlier levels. Free cash flow has also stayed in the black, supported by moderate and slightly reduced capital spending. This pattern suggests the core business still converts revenue into cash reasonably well, and that some of the earnings swings likely reflect non‑cash items and restructuring rather than a collapse in the underlying cash engine. At the same time, the downward drift in cash flow underlines the need for the newer growth areas to begin contributing more meaningfully.

Competitive Edge

Competitive Edge Wiley’s competitive strength rests on its deep catalog of trusted scientific, technical, and scholarly content, plus long-standing relationships with universities, societies, and authors. This creates meaningful switching costs and keeps its content embedded in research and learning workflows. However, it competes against very strong players in academic publishing and education technology, and the industry as a whole faces pressure from open access models, tighter institutional budgets, and shifts in how students and professionals consume content. Wiley’s push into corporate solutions and data licensing helps diversify away from pure publishing, but execution and differentiation remain critical in such a competitive landscape.

Innovation and R&D

Innovation and R&D The company is leaning heavily into technology and AI rather than traditional lab-style R&D. Its AI Gateway, data licensing deals with large technology firms, and AI-enhanced learning platforms (like WileyPLUS and zyBooks) are attempts to turn its content archive into a modern, data-driven product set. Embedding AI tools for students, instructors, and researchers could deepen customer loyalty and open new, higher-margin revenue streams if adoption is strong. The opportunity is meaningful, but there is also risk: competitors are pursuing similar AI strategies, and Wiley must balance investment in these initiatives with its still-limited profit and cash flow growth.

Summary

Wiley is evolving from a traditional academic publisher into a technology-enabled knowledge company, using its trusted content and academic relationships as the foundation. The financials show a business under pressure but not broken: revenue has edged down, profitability has been uneven, yet cash flow remains steadily positive and recent margins have improved. The balance sheet is adequate but thinner than before, increasing the importance of careful spending and successful execution. Strategically, the company’s AI platforms, content licensing to model developers, and corporate learning solutions offer clear paths to higher-value growth. The big questions are whether these newer areas can offset the structural headwinds in legacy publishing and whether Wiley can convert its strong content and brand into durable, tech-enabled earnings over the next few years.

NEWS

November 26, 2025 · 7:30 AM UTC

Wiley Schedules Second Quarter 2026 Earnings Release and Conference Call

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November 12, 2025 · 9:00 AM UTC

Wiley Convenes Experts to Discuss How Stronger Science Communications, Academic Societies Can Strengthen Public Trust

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October 14, 2025 · 2:00 AM UTC

Wiley Launches Interoperable Platform to Power Scientific Discovery in World's Leading AI Technologies

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October 7, 2025 · 9:00 AM UTC

AI Adoption Jumps to 84% Among Researchers as Expectations Undergo Significant 'Reality Check'

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September 25, 2025 · 7:30 AM UTC

Wiley Announces Quarterly Dividend; Recently Raised Dividend for the 32nd Consecutive Year

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