Scholastic advertising spend, FY2026
Scholastic (SCHL) reported $58.4M of advertising expense for the fiscal year ended May 31, 2026. That is 3.7% of revenue of $1.6B. Down 4.9% from FY2025.
Key facts
- Ad spend is 54% below its FY2016 level ($127M); revenue is 5% lower.
- The highest year on file is FY2011 at $152M; FY2026 is 62% below it.
- Largest increase +15.6% in FY2022; largest cut -29.5% in FY2021.
- Ad spend has fallen 3 years in a row.
- Ad spend is 3.7% of revenue, down from 4.6% in FY2021.
- Scholastic spends more on advertising than 6% of the 458 US-listed companies tracked. Its ad-to-revenue ratio is below the median of 4.6%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | May 31, 2026 | $58.4M | -4.9% | $1.6B | 3.7% | AdvertisingExpense | 10-K Jul 24, 2026 |
| FY2025 | May 31, 2025 | $61.4M | -0.5% | $1.6B | 3.8% | AdvertisingExpense | 10-K Jul 24, 2026 |
| FY2024 | May 31, 2024 | $61.7M | -19.8% | $1.6B | 3.9% | AdvertisingExpense | 10-K Jul 24, 2026 |
| FY2023 | May 31, 2023 | $76.9M | +10.6% | $1.7B | 4.5% | AdvertisingExpense | 10-K Jul 25, 2025 |
| FY2022 | May 31, 2022 | $69.5M | +15.6% | $1.6B | 4.2% | AdvertisingExpense | 10-K Jul 19, 2024 |
| FY2021 | May 31, 2021 | $60.1M | -29.5% | $1.3B | 4.6% | AdvertisingExpense | 10-K Jul 21, 2023 |
| FY2020 | May 31, 2020 | $85.2M | -20.2% | $1.5B | 5.7% | AdvertisingExpense | 10-K Jul 22, 2022 |
| FY2019 | May 31, 2019 | $107M | -2.9% | $1.7B | 6.5% | AdvertisingExpense | 10-K Jul 23, 2021 |
| FY2018 | May 31, 2018 | $110M | -9.1% | $1.6B | 6.8% | AdvertisingExpense | 10-K Jul 27, 2020 |
| FY2017 | May 31, 2017 | $121M | -4.9% | $1.7B | 6.9% | AdvertisingExpense | 10-K Jul 29, 2019 |
| FY2016 | May 31, 2016 | $127M | -1.9% | $1.7B | 7.6% | AdvertisingExpense | 10-K Jul 25, 2018 |
| FY2015 | May 31, 2015 | $130M | +5.1% | $1.6B | 7.9% | AdvertisingExpense | 10-K Jul 24, 2017 |
| FY2014 | May 31, 2014 | $123M | -9.1% | $1.6B | 7.9% | AdvertisingExpense | 10-K Jul 26, 2016 |
| FY2013 | May 31, 2013 | $136M | -6.3% | $1.5B | 8.8% | AdvertisingExpense | 10-K Jul 29, 2015 |
| FY2012 | May 31, 2012 | $145M | -4.5% | $2.1B | 6.8% | AdvertisingExpense | 10-K Jul 29, 2014 |
| FY2011 | May 31, 2011 | $152M | +1.5% | $1.9B | 8.1% | AdvertisingExpense | 10-K Jul 29, 2013 |
| FY2010 | May 31, 2010 | $150M | n/a | $1.9B | 7.9% | AdvertisingExpense | 10-K Jul 27, 2012 |
What the figure is
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Compared with similar spenders
The 6 companies closest to Scholastic in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 427 | Cricut | $59.8M | 8.4% | +27.8% | FY2025 |
| 428 | Shoe Station Group | $58.7M | 5.2% | +16.3% | FY2026 |
| 429 | Duluth | $58.4M | 10.3% | -13.5% | FY2026 |
| 430 | Scholastic | $58.4M | 3.7% | -4.9% | FY2026 |
| 431 | Hyatt Hotels | $58M | 0.8% | -13.4% | FY2025 |
| 432 | Dave | $57.4M | 10.4% | +27.8% | FY2025 |
| 433 | Torrid | $57.4M | 5.7% | +5.8% | FY2026 |
Questions
How much does Scholastic spend on advertising?
Scholastic spent $58.4M on advertising in fiscal 2026, the year ended May 31, 2026, according to its 10-K filed Jul 24, 2026.
What percentage of revenue does Scholastic spend on advertising?
3.7% of revenue in fiscal 2026 ($58.4M of $1.6B). The median across the 458 companies tracked is 4.6%.
Is Scholastic spending more on advertising?
No. Ad spend fell 4.9% in fiscal 2026 from fiscal 2025. It has fallen 3 years in a row.
How does Scholastic rank by advertising spend?
#430 of 458 US-listed companies with $50M or more in ad spend, ranked on each company's latest fiscal year.
What does Scholastic's advertising figure include?
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Source
- Filing
- 10-K for FY2026, filed Jul 24, 2026
- Accession number
0000866729-26-000018- Company
- SCHOLASTIC CORP, CIK 866729, SIC 2731 (Books: Publishing or Publishing & Printing)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- Scholastic advertising spend, FY2010-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Jul 24, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/scholastic/advertising-spend/
- Download
- CSV, all years · CSV, all 458 companies