# Scholastic Corporation (SCHL)

> Source: Nexqual · https://nexqual.com/SCHL · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Scholastic Corporation (SCHL), nexqual.com/SCHL" · informational, not investment advice.

**Price:** USD 39.01 (+0.88% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 38.67 · day 38.7–39.52 · 52w 26.38–48.07 · market cap $718M · NMS

## Key facts
- Last four reported quarters (through Aug 31, 2026): revenue $1.57B, net income $56.6M (3.6% margin) (SEC filings).
- Valuation: P/E 12.7x (avg 54.2x at the last 2 fiscal year-ends), EV/EBITDA 13.5x, net debt $78.0M.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (1 analysts), mean target USD 38.5 (range 35–42).
- Total return with dividends: 1Y +38.5% vs S&P 500 +14.9%; 5Y +24.6% vs S&P 500 +80.3%.
- Next earnings: 2026-12-17, EPS estimate USD 3.52, revenue estimate $560M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.70B | $1.59B | $1.63B | $1.58B | $1.57B |
| Gross profit | $877M | $918M | $885M | $907M | $892M | — |
| Operating income | $97.4M | $106M | $14.5M | $15.8M | $15.2M | $15.2M |
| Net income | $80.9M | $86.3M | $12.1M | -$1.9M | $56.7M | $56.6M |
| EPS (diluted) | $2.27 | $2.49 | $0.40 | -$0.07 | $2.34 | — |
| Gross margin | 53.4% | 53.8% | 55.6% | 55.8% | 56.4% | — |
| Operating margin | 5.9% | 6.2% | 0.9% | 1.0% | 1.0% | 1.0% |
| Net margin | 4.9% | 5.1% | 0.8% | -0.1% | 3.6% | 3.6% |
| Revenue growth | +26.3% | +3.7% | -6.7% | +2.3% | -2.7% | — |
| Cash + short-term investments | $317M | $225M | $114M | $124M | $135M | — |
| Total debt | $6.5M | $6.0M | $6.0M | $256M | $80.5M | — |
Fiscal years end May. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Aug 31, 2026)
P/E 12.7x · P/S 0.5x · EV/EBITDA 13.5x · EV/Sales 0.5x · P/B 1.1x · Earnings yield 7.88% · Dividend yield (paid, TTM) 2.59% · Buyback yield (TTM) 40.55% · Net debt $78.0M · EV $796M
P/E at fiscal year-ends: May 2026 17.3x, May 2024 91.1x.

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 1 analysts; mean target USD 38.5 (low 35, high 42).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-28 | B. Riley Securities | Target lowered | Neutral | $42 → $35 |
| 2026-07-08 | B. Riley Securities | Target raised | Neutral | $40 → $42 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +38.5% | +24.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +38.6% | +4.5% |
| Volatility (annualized) | 35.2% | 43.7% |
| Max drawdown | -31.2% (Jul 2026→Sep 2026) | -63.5% (Aug 2022→Apr 2025) |

## Peers (Publishing)
TDAY (USA TODAY Co., Inc.) USD 7.04 +1.73% · WLYB (John Wiley & Sons, Inc.) USD 54.08 +0.63% · PSO (Pearson, Plc) USD 18.39 +1.32% · NYT (New York Times Company (The)) USD 69.42 +0.81%

## More
Full page: https://nexqual.com/SCHL · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-08-31)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Total Children's Book Publishing and Distribution | $105.8M | 48.8% | -3.3% | -$38.2M | -36.1% |
| Total International | $60.5M | 27.9% | +1.9% | -$2.9M | -4.8% |
| Total Education | $30.4M | 14.0% | -24.2% | -$23.3M | -76.6% |
| Total Entertainment | $20.1M | 9.3% | +47.8% | -$1.8M | -9.0% |
| Corporate costs (not allocated) | — | — | — | -$26.0M | — |
| Total revenue | $216.8M | 100% | — | -$92.2M | -42.5% |

## Revenue by region (quarter ended 2026-08-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $131.9M | 60.8% | -6.9% |
| International | $84.9M | 39.2% | +1.2% |
| Total revenue | $216.8M | 100% | — |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-11-30) | $3.52 | $3.65 | -3.6% | $560.1M | 2 |
| Next quarter (ends 2027-02-28) | $-0.84 | $-0.54 | +57.0% | $342.3M | 2 |
| Current fiscal year (ends 2027-05-31) | $1.41 | $2.67 | -47.2% | $1.62B | 2 |
| Next fiscal year (ends 2028-05-31) | $2.16 | $2.95 | -26.8% | $1.67B | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-12-18 (includes earnings 2026-12-17): ±15.1%; earnings reaction alone ±7.9%; last 8 reports averaged ±11.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 40.2% | ±9.4% |
| 2026-12-18 | 56 | 47.1% | ±15.1% |
| 2027-01-15 | 84 | 47.3% | ±18.5% |
| 2027-03-19 | 147 | 46.1% | ±23.5% |
| 2027-06-17 | 237 | 46.0% | ±29.2% |