John Wiley & Sons(NYSE) WLY

John Wiley & Sons helps researchers and students find and use important scientific information. It makes digital tools that help people learn and grow their careers. The company connects experts with people who need high-quality knowledge.

The Wiley Product Portfolio

• Research Publishing: Academic journals covering science, health, and engineering; accounts for 67% of revenue for fiscal year 2026.
• Research Solutions: Digital platforms and services that help societies and companies manage and share research content.
• Academic Learning: Digital courseware and textbooks for college students; part of the 33% of revenue from the Learning segment.
• Professional Learning: Skills assessment tools and professional books for leadership, technology, and career development.

Expanding the Knowledge Network

• Acquired Emerald Publishing on June 1, 2026, for approximately $452 million to increase the scale of its research business.
• Sold the Wiley Edge and CrossKnowledge businesses in 2024 to focus on core research and learning operations.
• Generated $49 million in revenue during fiscal year 2026 from licensing proprietary content to train artificial intelligence models.
• Expanded a global restructuring program in fiscal year 2027 to further optimize costs and improve profit margins.

A Digital-First Strategy

Wiley has transitioned into a predominantly digital company with 85% of revenue coming from digital products and services. It maintains deep-rooted partnerships with prestigious professional societies that manage major scientific and medical journals.

The Numbers Behind the Knowledge

• Revenue was $1.68 billion in fiscal year 2026, which was consistent with the prior year.
• Adjusted EBITDA, a measure of core operating profit, was $440 million in fiscal year 2026, up 10% year-over-year.
• Free cash flow less product development spending hit $195 million in fiscal year 2026, up $70 million year-over-year.
• Net income was $222 million in fiscal year 2026, up from $84 million in fiscal year 2025.

The Evolving Wiley

Wiley is transforming from a traditional publisher into a digital-first company focused on research intelligence and professional learning. This shift toward recurring digital revenue and technology-driven services supports its long-term stability and growth.