Wiley (JOHN) & Sons, Inc. SEC Filings

John Wiley & Sons reported mixed first-quarter results with modest revenue pressure offset by improved profitability. Consolidated revenue was $396.8 million, down 2% year-over-year, while reported operating income rose to $31.0 million (+7%). Diluted EPS turned positive at $0.22 versus a $(0.03) loss a year earlier. On an adjusted, constant-currency basis (excluding Held for Sale or Sold), Adjusted Revenue rose 1% and Adjusted Operating Income was $34.0 million (-2%). AI license revenue grew to $28.9 million. Total debt outstanding was $828.3 million with about $469.4 million of unused borrowing capacity. The effective tax rate was 33.9% versus 106.2% last year. A settlement in principle was reached in the Anthropic class-action matter, but Wiley cannot estimate its potential share of any settlement.

John Wiley & Sons furnished an 8-K reporting that on September 4, 2025 the company held its first-quarter fiscal 2026 earnings conference call and is furnishing the related presentation materials as Exhibit 99.2 and a press release as Exhibit 99.1. The filing states the information in Items 2.02 and 7.01 and the exhibits are being furnished, not filed, and therefore are not subject to Section 18 liability or automatically incorporated by reference into other securities filings. The exhibits listed include a press release titled "AI Demand Drives Wiley's First Quarter 2026 Results" and presentation materials dated September 4, 2025.

Deirdre P. Silver, EVP and General Counsel of John Wiley & Sons, Inc., reported a purchase of Class A common stock under a dividend reinvestment plan. The Form 4 shows acquisition of 223 shares at a reported price of $39.63 each on 07/24/2025, increasing the reporting person’s direct beneficial ownership to 25,143 Class A shares. The filing explains the shares resulted from a dividend reinvestment plan administered by the reporting person’s broker-dealer and were not previously reported. The filer also discloses this Form 4 was submitted late due to an administrative error discovered during an internal quarterly review.

John Wiley & Sons (WLYB) reports a year of operational improvement driven by Research and AI licensing while completing portfolio changes. On a non-GAAP basis, Wiley delivered $1.66 billion in Adjusted Revenue with a 24.0% Adjusted EBITDA margin and $126 million in Free Cash Flow. The company expanded adjusted operating margin by 300 basis points and increased share repurchases by 34% to $60 million.

From a GAAP perspective, full-year revenue was $1,678 million (down from $1,873 million) reflecting divestitures; operating income improved to $221 million (vs. $52 million prior) and diluted EPS was $1.53 (vs. a $3.65 loss). AI licensing revenue rose to $40 million from $23 million, and net debt to EBITDA was 1.8x. The Proxy sets the Annual Meeting for September 25, 2025 and asks shareholders to elect 10 directors, ratify PwC, and approve advisory executive compensation.

John Wiley & Sons, Inc. (Class A) is the subject of a joint Schedule 13G/A filed by Clarkston Capital Partners, LLC, Clarkston Companies, Inc., Modell Capital LLC and three individual reporting persons disclosing beneficial ownership of 1,892,495 shares, equal to 4.24% of the 44,624,949 shares outstanding as of May 31, 2025. The filing breaks out voting and dispositive powers: 700,000 shares with sole voting and dispositive power, 1,186,500 with shared voting power, and 1,192,495 with shared dispositive power.

The Schedule states the shares were purchased by CCP for discretionary clients or by a control person in an account over which that person has beneficial ownership. The filing includes a joint filing agreement as Exhibit 99.1 and signatures dated 08/13/2025.