NYSE$WLY

John Wiley & Sons Inc · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Wiley's Q2 2025 performance reflected revenue growth in Learning and Research, alongside margin improvement and EPS growth.

Wiley reported a 3% increase in adjusted revenue, reaching $423 million, driven by growth in Learning and Research segments. Adjusted EPS increased by 36% to $0.97. The company reaffirmed its Fiscal Year 2025 growth outlook.

  • Learning experienced high-single digit revenue growth due to favorable market conditions and AI licensing.
  • Research achieved low single-digit revenue growth, driven by demand to publish.
  • Margin improved and EPS grew.
  • Wiley reaffirmed its Fiscal Year 2025 growth outlook.

Headline financials

Total Revenue

$427M

Previous: $493M-13.4%
EPS (adj)

$0.97

Previous: $0.73+32.9%
Capital Expenditures

-$29M

Previous: -$40.3M+28.0%
Free Cash Flow

-$123M

Previous: -$124M+0.6%
Net Income

$40.5M

Previous: -$19.4M+308.1%
Operating Income

$64.1M

Previous: $46.2M+38.7%
Gross Profit

$320M

Previous: $337M-5.2%
Cash & Equivalents

$75.5M

Previous: $83.2M-9.2%
Total Assets

$2.61B

Previous: $2.78B-6.1%
Stock-Based Comp

$6.03M

Previous: $6.52M-7.4%

Revenue & EPS history

Wiley · Revenue · Quarterly

$427M

Q2 2025-13.4%vs Q2 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Wiley · $407M total across 2 segments · Q2 2024

  • Research
    $258M-4.9%
  • Learning
    $149M-2.4%

Forward guidance

Wiley is reaffirming its Fiscal 2025 growth outlook based on first half results and second half indicators. Wiley’s revenue outlook is driven by favorable demand trends and performance indicators. Wiley’s earnings outlook is driven by expected revenue growth and cost savings, while reflecting reinvestments to scale and optimize Research, modernize infrastructure and expand GenAI content licensing and capabilities. Wiley’s cash flow outlook is driven by lower restructuring payments and favorable working capital partially offset by a year-over-year swing in incentive compensation payments.

Tailwinds

  • Favorable demand trends
  • Strong momentum in Research
  • Favorable comparisons in Research
  • Expected revenue growth
  • Cost savings

Headwinds

  • Reinvestments to scale and optimize Research
  • Reinvestments to modernize infrastructure
  • Reinvestments to expand GenAI content licensing and capabilities
  • Year-over-year swing in incentive compensation payments
  • Projected growth in the second half of its fiscal year expected to occur in Q4

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-1.0%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+0.7%

Avg return

30 days after

44%

18 / 41 earnings

Positive

+15.1%

Q3 2025

Best reaction

-17.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+4.1%+7.8%
Q3 2026+13.9%+20.2%+28.2%
Q2 2026-9.4%-18.6%-22.1%
Q1 2026-4.1%+5.2%+0.5%
Q4 2025+0.0%+12.7%+12.4%
Q3 2025+15.1%+23.3%+10.8%
Q2 2025-7.5%-7.1%-13.2%
Q1 2025-9.3%-9.8%+5.6%
Q4 2024+11.4%+9.3%+26.5%
Q3 2024+11.5%+12.8%+15.9%
Q2 2024-0.3%+1.2%+2.3%
Q1 2024+1.5%+2.3%-2.1%
Q4 2023-11.4%-10.8%-5.7%
Q3 2023-17.4%-18.6%-12.8%
Q2 2023-5.2%-7.8%-6.4%
Q1 2023-9.8%+0.8%-19.4%
Q4 2022+0.4%+7.2%+10.5%
Q3 2022-0.7%+3.6%+4.6%
Q2 2022+0.1%+0.3%+1.8%
Q1 2022-1.1%+2.0%-9.1%
Q4 2021-4.9%-12.0%-8.3%
Q3 2021-0.5%+7.5%+8.4%
Q2 2021+13.8%+18.8%+31.4%
Q1 2021+5.1%+3.6%+4.1%
Q4 2020-11.5%-0.3%-12.7%
Q3 2020+5.4%+2.1%-2.2%
Q2 2020+1.8%+2.3%+1.7%
Q1 2020-4.6%-1.3%-3.6%
Q4 2019+5.1%+5.8%+4.0%
Q3 2019-16.4%-13.6%-13.5%
Q2 2019+0.0%-6.0%-10.3%
Q1 2019-11.0%-11.8%-5.1%
Q4 2018+2.8%-1.5%-4.4%
Q3 2018+0.7%+0.0%-0.8%
Q2 2018+2.7%+7.2%+13.1%
Q1 2018-2.7%-2.1%-1.2%
Q4 2017+4.6%+2.3%+1.3%
Q3 2017-1.1%+1.1%+0.6%
Q2 2017+2.7%+3.2%+0.9%
Q1 2017-6.8%-14.4%-12.2%
Q4 2016-6.4%-3.5%+6.8%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q2 2012
Q3 2012
Q4 2011
Q1 2012
Q4 2009
Q3 2011
Q3 2010
Q2 2011
Q1 2010
Q2 2010
Q4 2010
Q1 2011

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