SCHOLASTIC CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.63B | $1.59B | $1.70B | $1.64B | $1.30B | $1.49B | $1.65B |
| Cost of Revenue | $689.8M | $718.8M | $705.1M | $786.4M | $765.5M | $628.7M | $709.3M | $779.9M |
| Gross Profit | $892.1M | $906.7M | $884.6M | $917.6M | $877.4M | $671.6M | $777.8M | $874.0M |
| Gross Margin | 56.4% | 55.8% | 55.6% | 53.8% | 53.4% | 51.6% | 52.3% | 52.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $807.2M | $822.3M | $803.0M | $756.6M | $722.8M | $622.7M | $764.2M | $792.0M |
| Operating Income | $15.2M | $15.8M | $14.5M | $106.3M | $97.4M | $-22.7M | $-88.5M | $25.0M |
| Operating Margin | 1.0% | 1.0% | 0.9% | 6.2% | 5.9% | -1.7% | -6.0% | 1.5% |
| Interest Expense | $14.1M | $18.2M | $1.9M | $1.4M | $2.9M | $6.2M | $3.0M | $2.2M |
| Pretax Income | $85.2M | $-1.3M | $16.2M | $112.4M | $89.7M | $-18.2M | $-89.7M | $26.0M |
| Income Tax Expense | $28.5M | $600.0K | $4.1M | $25.9M | $8.7M | $-7.3M | $-46.0M | $10.4M |
| Net Income | $56.7M | $-1.9M | $12.1M | $86.3M | $80.9M | $-11.0M | $-43.8M | $15.6M |
| Net Margin | 3.6% | -0.1% | 0.8% | 5.1% | 4.9% | -0.8% | -2.9% | 0.9% |
| EPS (Basic) | $2.39 | $-0.07 | $0.41 | $2.56 | $2.33 | $-0.32 | $-1.27 | $0.44 |
| EPS (Diluted) | $2.34 | $-0.07 | $0.40 | $2.49 | $2.27 | $-0.32 | $-1.27 | $0.43 |
| Shares Outstanding (Basic) | 23.7M | 27.6M | 29.6M | 33.8M | 34.5M | 34.3M | 34.6M | 35.2M |
| Shares Outstanding (Diluted) | 24.2M | 27.6M | 30.4M | 34.7M | 35.6M | 34.3M | 34.6M | 35.8M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.80 | $0.60 | $0.60 | $0.60 | $0.60 |