Every 8-K that McGraw Hill, Inc. (MH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MH filings page.
McGraw Hill, Inc. announced that its wholly owned subsidiary, McGraw-Hill Education, Inc., intends, subject to market conditions, to privately offer $500 million in aggregate principal amount of senior secured notes due 2033. In connection with the offering, the subsidiary intends to amend its senior secured cash flow credit agreement to extend the revolving facility maturity to 2031, increase available commitments to $150 million, and refinance the Existing Term Loan with an $830 million first lien senior secured term loan B facility due 2033. An amendment to the ABL revolving credit agreement would extend its maturity to 2031.
The subsidiary intends to use the net proceeds from the offering, together with borrowings under the new term loan, to redeem in full its outstanding 5.750% Secured Notes due 2028 and refinance the Existing Term Loan. It expects to voluntarily prepay $50 million under that loan on or before September 30, 2026. A conditional redemption notice was issued September 25, 2026, and redemption is expected on October 9, 2026, conditioned on the offering closing and receipt of sufficient proceeds from the Refinancing Transactions.
McGraw Hill, Inc. reported a strong fiscal first quarter 2027 for the period ended June 30, 2026, with total revenue of $549.9 million, up 2.6% year-over-year, driven by Higher Education and K‑12. Re-occurring revenue reached $425.6 million (77% of total), up 9.8%, and digital revenue rose 8.8% to $353.5 million. GAAP net income increased sharply to $57.9 million from $0.5 million, while Adjusted EBITDA was $207.0 million with a 37.7% margin. Remaining performance obligation totaled $1.52 billion, and the company highlighted progress toward its 2.0–2.5x net leverage target, with a Moody’s credit rating upgrade in July 2026.
By segment, Higher Education revenue grew 9.6% to $199.8 million, K‑12 revenue rose to $274.4 million, and International revenue was $45.2 million. Management reaffirmed fiscal 2027 guidance of $2.115–$2.175 billion in revenue, re-occurring revenue of $1.587–$1.627 billion, and Adjusted EBITDA of $750–$790 million. At the August 11, 2026 annual meeting, shareholders elected four directors, approved executive compensation and an annual say-on-pay frequency, and ratified Ernst & Young LLP as independent auditor for fiscal 2027.
McGraw Hill, Inc. reported fiscal year 2026 results showing a return to profitability and continued shift toward digital, recurring revenue. Total revenue was $2,102.8 million, essentially flat year-over-year, while GAAP net income improved to $35.3 million from a loss of $(85.8) million. Adjusted EBITDA rose to $744.3 million with a 35.4% margin, and re-occurring revenue grew 5.8% to $1,541.0 million, more than 73% of total revenue. Digital revenue reached $1,433.6 million, up 5.5%, and remaining performance obligation totaled $1,671.4 million, supporting future revenue visibility.
The company reduced gross debt by $645.6 million in fiscal 2026 and ended with a Net Leverage Ratio of 3.2x. Segment performance was mixed: Higher Education revenue grew 12.3% to $879.0 million, while K-12 revenue declined 8.9% to $884.5 million and International revenue fell 7.3%. For fiscal 2027, McGraw Hill guides revenue to $2,115–$2,175 million, re-occurring revenue to $1,587–$1,627 million, and Adjusted EBITDA to $750–$790 million. The board also approved a $50 million share repurchase plan, signaling a new capital allocation phase after its initial public offering and substantial deleveraging.
McGraw Hill, Inc. reported fiscal third quarter 2026 results showing moderate growth and stronger profitability while remaining in a small GAAP loss. Total revenue reached $434.2 million, up 4.2% year-over-year, led by Higher Education revenue of $225.4 million, an increase of 24.0%.
Re-occurring revenue grew 14.8% to $357.5 million and digital revenue rose 11.0% to $363.7 million, supporting an Adjusted EBITDA of $135.9 million and a margin of 31.3%. GAAP net loss improved to $(20.2) million from $(52.9) million a year earlier.
The company raised its fiscal year 2026 guidance, now targeting revenue between $2,067 million and $2,087 million and Adjusted EBITDA between $729 million and $739 million. McGraw Hill also prepaid $200 million of term loan debt, bringing its Net Leverage Ratio to 2.9x, and completed a leadership transition with Philip Moyer becoming President and CEO while former CEO Simon Allen remains Chair.
McGraw Hill, Inc. reported that its Board appointed Brian Van Dam as Chief Accounting Officer and principal accounting officer effective January 5, 2026, a newly created role at the company. Van Dam previously held senior accounting and controller positions at Array Corporation, Transfix, Inc., and Xerox Corporation, bringing extensive controllership and project experience.
His compensation includes a $350,000 annual base salary, a target annual bonus equal to 45% of base salary under the company’s Annual Incentive Plan, and a $20,000 sign-on bonus that must be repaid if he is terminated for cause or resigns within 12 months. He will also be eligible for future equity or equity-based awards. The company states there are no related-party transactions or family relationships connected to his appointment. Muhammad Ali Jamal will remain Senior Vice President, Controller but will no longer serve as principal accounting officer as of the same date.
McGraw Hill, Inc. announced a planned leadership transition, with current President and CEO Simon Allen retiring from the CEO role effective February 9, 2026 and continuing as Chair of the Board. The Board has appointed Philip Moyer, most recently CEO of Vimeo, Inc., to become President and CEO and to join the Board on the same date. The Board will expand from nine to 11 directors, adding Moyer and Platinum Equity managing director Eric Worley as Class II and Class I directors, respectively.
Allen will receive an annual bonus for the fiscal year ending March 31, 2026 based on actual performance, a quarterly cash transition supplement of $42,500 through the earlier of his Chair departure or December 31, 2028, continued tax services through the UK tax year ending April 5, 2027, and standard non-employee director compensation including a $100,000 annual cash retainer and annual RSUs valued at $185,000. Moyer’s employment agreement provides a base salary of at least $1,200,000, a target annual bonus of $1,800,000, a $2,500,000 cash sign-on bonus, an $8,000,000 RSU package with time- and performance-based vesting tied to stock price targets between $28.00 and $40.00, a monthly housing stipend of $8,000, and eligibility for severance and equity acceleration in certain termination and change-in-control scenarios.
McGraw Hill, Inc. reported that its indirect wholly owned subsidiary, McGraw-Hill Education, Inc., has paid down $50 million on its existing term loan under a credit agreement originally dated July 30, 2021 and subsequently amended several times. This payment reduces the outstanding balance of the term loan and represents a use of the company’s cash to lower debt. The company disclosed the action through a press release furnished as an exhibit to this report.
McGraw Hill, Inc. furnished an update on its recent performance, announcing results for the fiscal quarter ended September 30, 2025. The company shared the details via a press release attached as Exhibit 99.1 to this report under Item 2.02.
The information is being furnished, not filed, under the Exchange Act, which limits its legal exposure under Section 18 and prevents automatic incorporation into other filings unless expressly stated.
McGraw Hill, Inc. reported that its indirect wholly owned subsidiary, McGraw-Hill Education, Inc., paid down $150 million of its Term Loan on October 16, 2025. The repayment was made under the existing credit agreement originally dated July 30, 2021, with Bank of America, N.A. serving as administrative and collateral agent. A press release announcing the paydown was furnished as Exhibit 99.1 under Item 7.01.
McGraw Hill, Inc. disclosed a material amendment to its existing credit agreement: Seventh Amendment executed as of September 8, 2025 between the borrower, McGraw-Hill Education, Inc. (an indirect wholly owned subsidiary), the borrowers parent MAV Intermediate Holding II Corporation, certain guarantor subsidiaries, the lenders and swingline lenders, and Bank of America, N.A. acting as administrative and collateral agent. The filing references the original Credit Agreement dated July 30, 2021 and notes a press release dated September 9, 2025. Signature authority on the filing is shown as David Stafford, Executive Vice President, General Counsel, and Secretary. The document notifies investors of a contractual amendment but does not disclose the amendments financial terms or covenants in the provided text.
McGraw Hill, Inc. disclosed that its indirect wholly owned subsidiary, McGraw-Hill Education, Inc., plans to amend its senior secured first lien term loan facility due 2031. The goal of the amendment is to reprice the existing term loans, which could change the interest cost on this debt, although specific financial terms are not included in the excerpt.
The company and its subsidiary expect to meet with the lenders under the credit agreement on September 2, 2025 to discuss this repricing and share a lender presentation. The repricing transaction is explicitly stated as being subject to market conditions and may not occur as described or at all. A lender presentation dated September 2, 2025 is furnished as Exhibit 99.1 for informational purposes and is not treated as filed under securities laws.
McGraw Hill, Inc. furnished a press release dated August 14, 2025 announcing its results for the fiscal quarter ended June 30, 2025. The company attached that press release as Exhibit 99.1 to this Form 8-K and included a Cover Page Interactive Data File (iXBRL) as Exhibit 104. The filing states the information is being furnished, not filed, and therefore is not subject to Section 18 liabilities under the Exchange Act. The report is signed by David Stafford, Executive Vice President, General Counsel, and Secretary.
The 8-K notifies investors that results were released but does not itself include the financial figures; the full details are contained in the attached press release (Exhibit 99.1).