Scholastic's net loss held at $71.2 million while loss per share went $2.83 to $3.77
Fiscal 2027 first-quarter 10-Q: the size of the loss is almost unchanged from a year ago, but there are fewer shares to divide it among
aiSwingX™ Editorial · Reviewed
Published
Scholastic Corporation Form 10-Q (fiscal 2027 first quarter, filed 2026-09-25, accession 0000866729-26-000025): consolidated statements of operations, consolidated balance sheets, consolidated statements of cash flows, Note 8 on goodwill and other intangibles, Note 11 on treasury stock, the income tax note, and the segment note. Quarterly figures cross-checked against SEC XBRL Company Facts.
aiSwingX™ analyzes US filings and reports them as news investors can read.
Scholastic (SCHL) posted a net loss of $71.2 million in the first quarter of fiscal 2027. The net loss in the same quarter a year earlier was $71.1 million. The amounts differ by $0.1 million, yet the diluted loss per share widened from $2.83 to $3.77, an increase of 33.2%.
In plain terms
Scholastic publishes children's books and sells them through schools in the United States. Its first quarter falls in the school holidays, so a loss there is normal. This year's loss was almost exactly the same size as last year's. Yet the loss each shareholder carries grew by a third, because the company has been buying back its own shares and there are fewer of them.
What happened
Scholastic (SCHL) publishes children's and young adult books and sells them through school book fairs and clubs in the United States. Its fiscal 2027 first quarter ended on August 31, 2026, and the 10-Q was filed on September 25, 2026. The first quarter coincides with the US school holidays, so a loss in this quarter is structural for this company.
The bottom two lines of the income statement.
Item
Q1 FY2027
Q1 FY2026
Change
Net loss
−$71.2 million
−$71.1 million
+0.1%
Diluted loss per share
−$3.77
−$2.83
+33.2%
The amounts differ by $0.1 million, yet the loss per share grew 33.2%, because the share count dividing it fell. Working the two figures back gives this.
Item
Q1 FY2027
Q1 FY2026
Change
Implied diluted share count
about 18.89 million
about 25.12 million
−24.8%
Those share counts are the net loss divided by the loss per share, and are not figures the company stated as a share count.
Why the count fell — treasury stock grew ●● in a yearSubscribers
It sold its headquarters space and leased it back — property down ●●, right-of-use up ●●Subscribers
Total equity fell ●● in a yearSubscribers
Long-term debt went from zero back to ●●Subscribers
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FAQ
How can the loss per share grow when the net loss does not?
The loss itself is almost unchanged while the share count used to divide it has fallen. Both years' net loss and loss per share are in the free table above.
How much stock was repurchased?
The subscriber section sets out how much the treasury stock balance grew over the year, together with the board authorization and what remains under it.
Why did property and equipment fall so sharply?
The company states that it completed sale-leaseback transactions in the third quarter of fiscal 2026 and no longer owns the leasable space in its headquarters. The movement in property and right-of-use assets is tabulated in the subscriber section.
How did borrowings move?
Non-current long-term debt, which was zero at the end of the prior fiscal year, is back on the balance sheet. The three dates are in the subscriber section.
Where can I verify this directly?
Open Scholastic Corporation's fiscal 2027 first-quarter Form 10-Q (accession 0000866729-26-000025) on SEC EDGAR and read the balance sheet, Note 11 on treasury stock, and the segment note.
How aiSwingX™ wrote this
We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
An editor reviews before publication; any later change is recorded in the revision history.
Scholastic Corporation Form 10-Q (fiscal 2027 first quarter, filed 2026-09-25, accession 0000866729-26-000025): consolidated statements of operations, consolidated balance sheets, consolidated statements of cash flows, Note 8 on goodwill and other intangibles, Note 11 on treasury stock, the income tax note, and the segment note. Quarterly figures cross-checked against SEC XBRL Company Facts. · SEC EDGAR · This article is not investment advice. Disclaimer
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