Wiley reports increased momentum in AI as it shares financial results for Second Quarter of 2026
Wiley reported a 6 percent increase in revenue in its Research division, totalling $279 million. It says this was driven by growth in research publishing, including AI revenue of $5 million.
Conversely, in its Learning division, Q2 saw revenue fall by 11 percent, which it attributed to “market-related softness” and “a sharp inventory drop off at an online retailer” as well as an overall decline in consumer and corporate spending.
“We continue to deliver strong performance in Research and accelerating momentum in AI as we capitalize on record research volume and expanding corporate R&D opportunities,” explains Matthew Kissner, President and CEO.
“In Research, strong global demand is driving defensible growth in our recurring revenue and open access models. In AI, we are turning high-value knowledge into impact through the execution of content licensing projects for large language models and corporate AI applications. Finally, operational excellence and margin expansion are a way of life for us as we continuously optimize our cost structure, drive investment and expense discipline, and advance our transformative publishing platform.”
Looking ahead, Wiley says it expects momentum in its Research division an AI to “remain strong”, although it narrowed expected revenue range for fiscal 2026 to low-single digital growth from low-to-mid single digit growth.
Earlier this year, Wiley announced plans for a new strategic partnership with Anthropic, the AI company behind Claude, with an emphasis on responsible AI. Starting with a pilot project, and subject to definitive agreement, the partnership will see Wiley and Anthropic working together to ensure university partners have streamlined, enhanced access to Wiley content.
In July, Wiley named Matthew Kissner its new president and CEO. The appointment followed a productive interim period during which Kissner made significant improvements in the organisation and advanced its value-creation initiatives.