Scholastic Corporation, together with its subsidiaries, publishes and distributes children's books in the United States and internationally. The Children's Book Publishing and Distribution segment engages in the publication and distribution of children's print, digital, and audiobooks, as well as media and interactive products through its school reading events and trade channels; and operates school-based book clubs and book fairs. Its original publications include Harry Potter, The Hunger Games, The Baby-Sitters Club, The Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, Clifford The Big Red Dog, and I Survived, Goosebumps; licensed properties comprising the Peppa Pig and Pokémon; and publishes and creates Klutz and Make Believe Ideas titles, such as Mini Shake Shop, Pokémon Stained Glass, LEGO Miniature Photography, and the Never Touch series. The Education Solutions segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; print and online reference and non-fiction products; and provides consulting services. The Entertainment segment provides the development, production, distribution and licensing of kids' and family film and television content. The International segment publishes and distributes English, Hindi, and French language books; and operates school-based marketing channels, as well as supplying original and licensed children's books, and supplemental educational materials, including professional books for teachers. It distributes its products and services directly to schools and libraries through retail stores and the internet. Scholastic Corporation was founded in 1920 and is based in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.6B | $105M | $-2M | $72M | -0.2% | 2.3% | -115.7% |
| 2024 | $1.6B | $85M | $12M | $96M | 1.2% | -6.7% | -86.0% |
| 2023 | $1.7B | $178M | $86M | $87M | 7.4% | 3.7% | 6.5% |
| 2022 | $1.6B | $158M | $81M | $184M | 6.7% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,642.90 | 1,704 | 1,589.70 | 1,625.50 |
| Operating Revenue | 1,642.90 | 1,704 | 1,589.70 | 1,625.50 |
| Cost Of Revenue | 765.50 | 786.40 | 705.10 | 718.80 |
| Gross Profit | 877.40 | 917.60 | 884.60 | 906.70 |
| Operating Expense | 779.60 | 811.30 | 860.10 | 888 |
| Selling General And Administration | 722.80 | 756.60 | 803 | 822.30 |
| Total Expenses | 1,545.10 | 1,597.70 | 1,565.20 | 1,606.80 |
| Operating Income | 97.80 | 106.30 | 24.50 | 18.70 |
| Total Operating Income As Reported | 97.40 | 106.30 | 14.50 | 15.80 |
| EBITDA | 157.50 | 178.40 | 85.10 | 105.30 |
| Normalized EBITDA | 163.30 | 178.40 | 95.10 | 108.20 |
| EBIT | 92.60 | 113.80 | 18.10 | 16.90 |
| Interest Income | 0.50 | 7.20 | 4.60 | 2.20 |
| Interest Expense | 2.90 | 1.40 | 1.90 | 18.20 |
| Net Interest Income | -2.40 | 5.80 | 2.70 | -16 |
| Other Non Operating Income Expenses | 0.10 | 0.30 | -1 | -1.10 |
| Other Income Expense | -5.70 | 0.30 | -11 | -4 |
| Interest Income Non Operating | 0.50 | 7.20 | 4.60 | 2.20 |
| Interest Expense Non Operating | 2.90 | 1.40 | 1.90 | 18.20 |
| Net Non Operating Interest Income Expense | -2.40 | 5.80 | 2.70 | -16 |
| Pretax Income | 89.70 | 112.40 | 16.20 | -1.30 |
| Tax Provision | 8.70 | 25.90 | 4.10 | 0.60 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -0.56 | 0 | -2.53 | -0.61 |
| Net Income Continuous Operations | 81 | 86.50 | 12.10 | -1.90 |
| Net Income From Continuing And Discontinued Operation | 81 | 86.30 | 12.10 | -1.90 |
| Net Income From Continuing Operation Net Minority Interest | 81 | 86.30 | 12.10 | -1.90 |
| Net Income | 81 | 86.30 | 12.10 | -1.90 |
| Net Income Common Stockholders | 81 | 86.30 | 12.10 | -1.90 |
| Net Income Including Noncontrolling Interests | 81 | 86.50 | 12.10 | -1.90 |
| Normalized Income | 86.24 | 86.30 | 19.57 | 0.39 |
| Diluted NI Availto Com Stockholders | 81 | 86.30 | 12.10 | -1.90 |
| Basic Average Shares | 34.53 | 33.78 | 29.60 | 27.63 |
| Diluted Average Shares | 35.56 | 34.73 | 30.40 | 27.91 |
| Reconciled Depreciation | 64.90 | 64.60 | 67 | 88.40 |
| Reconciled Cost Of Revenue | 757.40 | 776.50 | 695.20 | 696.10 |
| Total Unusual Items | -5.80 | 0 | -10 | -2.90 |
| Total Unusual Items Excluding Goodwill | -5.80 | 0 | -10 | -2.90 |
| Minority Interests | 0.10 | 0.20 | 0 | 0 |
| Special Income Charges | -5.80 | 0 | -10 | -2.90 |
| Impairment Of Capital Assets | 0.40 | 0 | 10 | 2.90 |
| Depreciation Amortization Depletion Income Statement | 56.80 | 54.70 | 57.10 | 65.70 |
| Depreciation And Amortization In Income Statement | 56.80 | 54.70 | 57.10 | 65.70 |
| Gain On Sale Of Ppe | -5.40 | 0 | 0 | - |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Scholastic Corporationthis co. | SCHL | $803M | -422.50 | 0.85 | -0.2% | 10.00 |
| Shenandoah Telecommunications Company | SHEN | $880M | -26.72 | 1.00 | -3.7% | 12.98 |
| Cogent Communications Holdings, Inc. | CCOI | $866M | -4.75 | -13.56 | 285.3% | 18.11 |
| Entravision Communications Corporation | EVC | $835M | -10.54 | 15.06 | -142.8% | -14.35 |
| NXDR | NXDR |
| - |
| - |
| - |
| - |
| - |
| $820M |
| - |
| 1.90 |
| -12.6% |
| - |
| Groupon, Inc. | GRPN | $704M | -8.43 | -16.54 | 196.2% | -60.11 |
| QuinStreet, Inc. | QNST | $681M | 144.74 | 2.79 | 1.9% | 19.33 |
| EverQuote, Inc. | EVER | $680M | 6.85 | 2.86 | 41.7% | 7.26 |
| Reservoir Media, Inc. | RSVR | $672M | 80.90 | 1.78 | 2.2% | 16.22 |
| Peer Median | - | -4.75 | 1.84 | 2.1% | 12.98 | |