Wiley Hits Stride in Q1 2027 with AI Growth Engines Soaring
Wiley, a leading global research and education company, kicked off its fiscal 2027 with a strong first quarter, building on the momentum from last year. Despite soft market conditions in learning, the company's growth engines showed significant progress.
In a conference call held earlier this month, Matt Kissner, President and CEO of Wiley, highlighted the key takeaways from Q1 2027. He noted that strong global demand for publishing led to a 12% increase in research publishing, with submissions reaching record levels. This growth was driven by the addition of Emerald, AI momentum, and increased content offerings across high-demand disciplines.
The relationship between publishing and AI is crucial to Wiley's success. As Kissner explained, "Publishing fuels the AI and data analytics engine with a continuous flow of proprietary content," while AI powers researcher productivity, increasing the flow of publishing. This symbiotic relationship has created a "Wiley flywheel" that drives growth across both research and AI sectors.
One notable highlight from Q1 2027 was the significant increase in AI revenue, which reached $14 million in the quarter. Wiley's pipeline is expanding across models, channels, and verticals, with the company well on track to deliver its full-year AI revenue goals. The Spectral Analysis API portfolio launched into the laboratory market, marking another milestone in Wiley's evolution towards an AI and data analytics company.
The integration of Emerald has been a key factor in extending Wiley's scale advantage in research and content advantage for AI and data analytics. As expected, the fit is strong on all three dimensions – financially, strategically, and culturally. The teams are working well together, and the integration is ahead of schedule.
Wiley also raised its dividend for the 33rd consecutive year, putting the company in rarefied company among its peers. Craig Albright, Executive Vice President and CFO, will cover the financials and outlook in more detail during future calls.
The company's partnership with the U.S. Department of Energy's Genesis Mission and CuspAI's Global Materials Foundry further validates Wiley's position as a leader in trusted content and intelligence. The inclusion of innovative companies like NVIDIA, AWS, Microsoft, and others underscores the importance of collaborative research and development in advancing science and innovation worldwide.
