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JOHN WILEY & SONS, INC.

CIK: 1071402 Annual ReportsLatest: 2025-06-25

10-K / June 25, 2025

Revenue:$1,680,000,000
Income:$84,200,000

10-K / June 26, 2024

Revenue:$1,872,987,000
Income:-$200,319,000

10-K / June 25, 2025

Company Overview: John Wiley & Sons, Inc.

Business Description

John Wiley & Sons, Inc. (Wiley) is one of the world’s largest publishers and a global leader in research and learning. The company primarily focuses on publishing, digital content platforms, solutions for researchers, educators, students, professionals, and institutions across multiple scientific, technical, medical, social sciences, humanities, and educational markets.


Core Business Segments

  • Research

    • Provides over 1,800 peer-reviewed scientific, technical, medical, and scholarly journals.
    • Content spans physical sciences, engineering, health sciences, social sciences, and life sciences.
    • Customers include academic, corporate, government, and public libraries, research funders, researchers, scientists, clinicians, engineers, professional societies, students, and professors.
    • Revenue: ~64% of total consolidated revenue in FY2025.
    • Digital Revenue: 96% of Research revenue is from online products/services.
    • Key offerings include journal subscriptions, transformational agreements (read and publish), open access, licensing, and ancillary content.
    • Expanding journal portfolio, licensing content for innovation, and digital information services.
  • Learning

    • Offers print and digital books, digital courseware, assessments, and related products aimed at students, instructors, and professionals.
    • Primary markets include higher education, professional training, and industry.
    • Revenue: ~35% of total FY2025 revenue, with 60% from digital products/services.
    • Products include textbooks, digital courseware like WileyPLUS and zyBooks, and assessments.
    • Customers include bookstores, online retailers, colleges, universities, corporate training clients, and government agencies.
  • Research Solutions

    • Provides content platforms, databases, licensing, and services for corporations and societies.
    • Includes advertising, knowledge hubs, career platforms, scientific data licenses, webinars, and content creation.
  • Held for Sale or Sold Segment

    • Consists of non-core or divested businesses, such as University Services, Wiley Edge, CrossKnowledge, and others.
    • Revenue: ~1% of FY2025 total revenue.

Company Size & Financials

  • Employees: Approximately 5,200 colleagues worldwide as of April 30, 2025.
  • Revenue (FY2025): $1.68 billion (US GAAP).
    • Revenue decline of 10% from FY2024 due to divestitures.
    • Adjusted Revenue (excluding sold segments): $1.66 billion — up 3% YoY on a constant currency basis.
  • Net Income (FY2025): $84.2 million (GAAP), representing significant improvement from a net loss of $200.3 million in FY2024.
    • Earnings per share (diluted): $1.53 compared to a loss of $(3.65) in FY2024.

Business Focus & Strategies

  • Emphasizes expansion of digital research publishing, journal portfolio, and open access options driven by increasing global R&D investments.
  • Development of innovative digital platforms like Wiley Online Library, WileyPLUS, and zyBooks.
  • Growth in open access and licensing, including AI content licensing.
  • Expansion of professional, educational, and assessment products.
  • Focus on high-value content, international partnerships, and leveraging AI technologies.
  • Continues divestment of non-core businesses to streamline operations.

Key Customers & Markets

  • Customers: Research institutions, universities, government agencies, corporate R&D departments, professional societies, individual researchers, students, and professionals.
  • Geographic Revenue: ~49% of FY2025 revenue generated outside the US, with operations in the US, UK, Sri Lanka, Germany, India, China, Jordan, Brazil, Greece.
  • Customer Base: Thousands of institutional and individual buyers, with no single customer exceeding 6% of revenues.

Workforce & Diversity

  • Workforce: ~5,200 employees globally.
  • Diversity: 57% female colleagues, 45% female senior leaders, 26% US persons of color overall, 19% in senior leadership positions.

Intellectual Property & Content

  • Protects a significant portion of its content via copyrights and trademarks.
  • Publishes journals, textbooks, reference books, and digital content.
  • Content licensing for AI training and other uses.
  • Maintains longstanding relationships with prestigious societies (e.g., American Cancer Society, American Heart Association).

Environmental & Social Responsibility

  • Committed to sustainability with a target of achieving net-zero emissions by 2040.
  • Focuses on reducing print print, promoting digital content, and sustainable publishing practices.
  • Prioritizes inclusion, diversity, and community engagement.

Summary

Wiley is a global publisher and research content provider targeting academic, corporate, and government research communities as well as higher education and professional training markets. Its revenue is driven largely by digital subscriptions, open access journal publishing, and content licensing, with significant efforts to expand digital platforms and AI applications. The company employs over 5,200 people, serves thousands of institutional and individual customers worldwide, and reported ~$1.68 billion in revenue for FY2025 with net income of $84.2 million.