Scholastic

Scholastic (SCHL) Q1 2026 Earnings

Reported Sep 18, 2025 at 4:02 PM ET · SEC Source

Q1 26 EPS

$-2.83

MISS 17.43%

Est. $-2.41

Q1 26 Revenue

$225.6M

MISS 5.57%

Est. $238.9M

vs S&P Since Q1 26

+71.9%

BEATING MARKET

SCHL +85.2% vs S&P +13.3%

Market Reaction

Did SCHL Beat Earnings? Q1 2026 Results

Scholastic Corporation delivered a disappointing start to fiscal 2026, missing on both the top and bottom lines as its seasonally soft first quarter was further pressured by a sharp pullback in school spending. The children's publishing and education… Read more Scholastic Corporation delivered a disappointing start to fiscal 2026, missing on both the top and bottom lines as its seasonally soft first quarter was further pressured by a sharp pullback in school spending. The children's publishing and education giant reported a loss of $2.83 per share for the quarter ended August 31, 2025, falling short of the consensus estimate of $2.41 by 17.43%, while revenue slid 4.9% year-over-year to $225.60 million, missing analyst expectations of $238.91 million by 5.57%. The primary culprit was a 28% collapse in Education Solutions revenue, as volatile federal and state funding environments prompted schools to delay or reduce purchases of supplemental curriculum materials. Offsetting some of the pain, Children's Book Publishing and Distribution posted a 4% revenue gain, with Book Fairs surging 18% to $34.10 million on strong host engagement. Despite the headline misses, Scholastic affirmed its fiscal 2026 guidance, pointing to fall book fair bookings ahead of prior year levels and the anticipated November release of Dog Man: Big Jim Believes as catalysts for improvement. The company also flagged a potential sale-leaseback of key real estate assets as a source of additional liquidity, even as scrutiny of executive compensation amid multi-year earnings declines adds an uncomfortable backdrop heading into the rest of the year.

Key Takeaways

  • Book Fairs revenues up 18% driven by increased Scholastic Dollars redemptions indicating strong host engagement
  • Fall book fair bookings exceeding prior year levels
  • Continued strength in Hunger Games and Harry Potter franchises in Trade publishing
  • International revenue growth of 4% on constant-currency basis led by Australia, U.K., and Asia
  • Reduction in discretionary overhead expenses improving adjusted operating loss
24/7 Wall St

SCHL YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

SCHL Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q3 26

“Scholastic made steady progress in the first quarter of fiscal 2026, advancing strategic initiatives across all segments. The seasonally quiet summer period resulted in an operating loss consistent with expectations.”

— Peter Warwick, Q1 2026 Earnings Press Release