John Wiley & Sons, Inc. · NYSE:WLY
John Wiley & Sons — Q1 2027 Earnings Presentation
23 slides from John Wiley & Sons's earnings presentation, Sep 3, 2026
Slide 1: Q1 2027 Earnings Review
Q1 2027 Earnings Review SEPTEMBER 3, 2026 NYSE:WLY
Slide 2: Safe Harbor Statement Non-GAAP Financial Measures
SAFE HARBOR STATEMENT NON-GAAP FINANCIAL MEASURES This presentation contains certain forward-looking statements concerning the Wiley provides non-GAAP financial measures and performance results Company's operations, performance, and financial condition. Reliance should such as: not be placed on forw
Slide 3: Trusted content and intelligence for the advancement of science and innovation
Trusted content and intelligence for the advancement of science and innovation 3
Slide 4: Q1 Takeaways Compounding Growth Engines
Q1 Takeaways Compounding Growth Engines Research and AI momentum strong; results offset by prior year comparison and soft Learning demand in seasonally small Q 1 Durable, compounding Research growth engine • Delivered 12% increase in Research Publishing reflecting Emerald addition, AI momentum, and
Slide 5: First Quarter 2027 performance as expected
First Quarter 2027 performance as expected Strength in Research and AI offset by prior year comparison and softness in Learning Revenue* GAAP EPS Adj. EPS* Adj. EBITDA* ▼3% ▼$0.45 ▼10% ▼4% $386M ($0.23) $0.44 $68M ▪ Revenue performance driven by prior year AI licensing comparison headwind of $29 mil
Slide 6: Continued strong progress in Research
Continued strong progress in Research OBJECTIVE Q1 PROGRESS ▪ Submissions +31%, output +8% with strong demand across fast growing and mature markets, Drive high-quality publishing 01 throughput including China, India, US, Brazil, Japan, and the UK ▪ CY26 renewals closed; 99%+ retention ▪ Launched Ad
Slide 7: Research momentum, accelerating
Research momentum, accelerating Strong visibility and trends in global research productivity Robust publishing pipeline and scale advantage widening: Submissions and output Research Organic Growth 1 up 31% and 8%, outpacing market; researcher productivity rising with AI Mid-single 2 Solid calendar 2
Slide 8: AI and data analytics growth initiatives
AI and data analytics growth initiatives Q1 AI revenue / % of FY27 target $14M / 28% AI Revenue (recurring revenue) Total corporate customers for subscription knowledge feeds 23 $49M $50M+ $40M $8M 2-3x Total industry verticals Building traction with AI licensing customers in life sciences, healthca
Slide 9: AI momentum, accelerating
AI momentum, accelerating Rising value and widening application of our trusted proprietary content, data, and intelligence 1 Demand for our proprietary content and data growing across verticals, products, and channels 2 AI licensing pipeline scaling for model training, commercial licensing, and subs
Slide 10: Wiley activating a very deep and untapped mine of proprietary data
Wiley activating a very deep and Our content untapped mine of proprietary data advantages Published content Life Sciences and Healthcare Articles, journals, search Leading position in 150+ therapeutic areas; top position in clinical outcome assessments and medical synthesis Chemistry Leading positio
Slide 11: Trusted content and intelligence in demand across a growing number of use cases and markets
Trusted content and intelligence in demand across a growing number of use cases and markets Subscription Knowledge Feeds Commercial Licensing Clinical Outcome Assessments Examples: Chemistry, life sciences and food science Example: Medical content Example:. Dermatology instruments and agriculture da
Slide 12: Leader in Responsible AI
Leader in Responsible AI Most companies build responsible AI from the model outward. Responsible AI depends on the quality and trustworthiness of the knowledge that fuels it, and that’s what Wiley has spent two centuries building Human Oversight Trust & Transparency Safety & Fairness Governance We k
Slide 13: Financials
Financials
Slide 14: Research Segment
Research Segment Driving strong momentum across key strategic areas and meaningful margin expansion (millions) Q1 2027 Change Change CC Research Publishing $259 12% 12% Research Solutions $34 (31%) (30%) Total Revenue $293 4% 4% Adjusted EBITDA $87 9% 9% Adjusted EBITDA Margin 29.6%* *vs. Adjusted E
Slide 15: Learning Segment
Learning Segment Q1 performance due to prior year AI comparison and market conditions in Professional; Q1 seasonally light (millions) Q1 2027 Change Change CC Academic $45 (19%) (20%) Professional $48 (19%) (20%) Total Revenue $93 (19%) (20%) Adjusted EBITDA $14 (55%) (56%) Adjusted EBITDA Margin 15
Slide 16: Expanding margins and reinvesting in durable growth
Expanding margins and reinvesting in durable growth Q1 Update Corporate Expenses* down 19% ▪ Tech transformation: shifting spend from legacy maintenance to product and innovation. Retiring tech debt, consolidating facilities, and scaling our Virtusa partnership $41M ▪ Corporate cost structure: drivi
Slide 17: Disciplined Capital Allocation
Disciplined Capital Allocation Balancing high-return investments with returning cash to shareholders • Capex of $14M vs. prior year $15M; shifting to growth and product development Q1 Financial Position • Scaling Advanced journal portfolio growing at double digits ▪ Q1 Free Cash Flow use of $70 Orga
Slide 18: Fiscal 2027 Outlook Reaffirmed
Fiscal 2027 Outlook Reaffirmed Metric Fiscal 2025 Fiscal 2026 Fiscal 2027 Outlook Organic Revenue Growth* Low to mid single digit growth (Research: mid-single digit growth) Adjusted EBITDA Margin 24.0% 26.2% 26.5% to 27.5% Adjusted EPS $3.64 $4.19 $4.60 to $5.05 Free Cash Flow $126M $195M $205M *Org
Slide 19: Executive Summary
Executive Summary Well on track to deliver mid-single digit growth in Research with strong publishing demand and output, market share gains, and society wins. Long term trends favorable Well on track to deliver on AI revenue goals with $14M of Q1 revenue, expanding pipeline, and widening growth oppo
Slide 20: Wiley's Differentiators in the AI Economy
Wiley’s Differentiators in the AI Economy Demand is rapidly accelerating for Wiley’s trusted content and intelligence Trusted, continually updating Leading position in high-demand World renowned CONTENT AND DATA KNOWLEDGE DOMAINS TRUST AND REPUTATION Provides access to world’s trusted scientific, Di
Slide 21: Thank you for joining us
Thank you for joining us Mark your calendar: Fiscal 2027 Investor Day March 11, 2027 For more information or follow-up: investors.wiley.com brian.campbell@wiley.com
Slide 22: Appendix - US GAAP to Non-GAAP Reconciliation
Appendix - US GAAP to Non-GAAP Reconciliation Reconciliation of US GAAP (Loss) Earnings per Share to Non-GAAP Adjusted EPS Three Months Ended July 31, 2026 2025 US GAAP (Loss) Earnings Per Share - Diluted $ (0.23) $ 0.22 Adjustments: Acquisition and integration related costs 0.20 - Restructuring and
Slide 23: Appendix – Net Income to Adjusted EBITDA
Appendix – Net Income to Adjusted EBITDA Three Months Ended July 31, 2026 2025 Net (Loss) Income $ (11,727) $ 11,700 Interest expense 13,926 11,042 (Benefit) provision for income taxes (850) 6,007 Depreciation and amortization 37,321 36,446 Non-GAAP EBITDA 38,670 65,195 Acquisition and integration r