Wiley Boosts Dividend for 33rd Straight Year on AI and Research Growth

Event summary

  • Wiley raised its quarterly dividend to $0.3575 per share, marking the 33rd consecutive annual increase.
  • Fiscal 2026 saw mid-single-digit revenue growth in research and a 100-basis-point Adjusted EBITDA margin expansion.
  • AI revenue reached $49 million, up 23% year-over-year, with recurring revenue rapidly scaling.
  • Adjusted Operating Margin expanded by 260 basis points to a record 17.7%.
  • Free Cash Flow grew 55% to $195 million, with $174 million returned to shareholders.

The big picture

Wiley’s dividend increase underscores its financial discipline and strategic focus on AI-driven research solutions. The company is capitalizing on the growing demand for authoritative content in scientific discovery, positioning itself as a key player in the evolving scholarly ecosystem. With strong cash flow and record margins, Wiley is well-positioned to navigate industry shifts while delivering consistent returns to shareholders.

What we're watching

AI Integration
How Wiley will leverage its AI-powered platforms to sustain recurring revenue growth.
Research Scale
Whether the Emerald Publishing acquisition will enhance Wiley's content advantage in the AI economy.
Margin Sustainability
The pace at which Wiley can maintain its record operating margins amid competitive pressures.