Wiley’s adjusted EBITDA margin rose 220 basis points to 26.2% as research publishing growth offset learning-segment headwinds.
John Wiley & Sons reported flat adjusted revenue for fiscal 2026, up 1% including currency effects, missing its low-single-digit growth outlook. Research publishing drove performance, with output up 11% and revenue rising 4%, while article submissions surged 25% against industry growth of 6-8%.
Adjusted EBITDA margin expanded 220 basis points to 26.2%, a record, as cash flow growth accelerated. Executives highlighted AI and data analytics as key growth drivers, citing partnerships and the acquisition of Emerald Publishing to bolster content for AI applications.
Management attributed revenue shortfalls to learning-segment challenges but emphasized research publishing and AI as reinforcing growth engines. The company’s content portfolio was positioned as critical for AI development, with AI seen as a catalyst for future research output.