PSONYSEBooks: Publishing or Publishing & PrintingUS GAAP · USD

Pearson, Plc

Pearson plc is a London-based education company that provides learning content, assessment, qualifications, and digital learning services across school, higher education, professional, and enterprise markets. Its business is organized around five global operating segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Enterprise Learning and Skills.

Liikevaihto3 577milj. USD
+0,7 %v/v
Liikevoitto (EBIT)507milj. USD
−6,3 %v/v
EBIT-marginaali14,2%
−1,1 %-yks.v/v
Nettotulos336milj. USD
−22,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

01 0002 0003 0004 000milj. USD2020: 3 397 milj. USD2020: EBIT 411 milj. USD20202021: 3 428 milj. USD2021: EBIT 183 milj. USD20212022: 3 841 milj. USD2022: EBIT 271 milj. USD20222023: 3 674 milj. USD2023: EBIT 498 milj. USD20232024: 3 552 milj. USD2024: EBIT 541 milj. USD20242025: 3 577 milj. USD2025: EBIT 507 milj. USD20253 577507
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Assessment & Qualifications28 %

Testing, certification, and exam administration for schools, institutions, and professional bodies.

English Language Learning18 %

English learning content, digital platforms, and related instructional services.

Higher Education30 %

Course materials, digital courseware, and learning tools for colleges and universities.

Virtual Learning12 %

Online and blended learning solutions for education providers and learners.

Enterprise Learning and Skills12 %

Workforce training, skills development, and learning solutions for organizations.

Asiakkaat

Pearson sells to educational institutions, governments, employers, and individual learners, with demand tied to assessment cycles, school and university adoption, and workforce training needs. Its customer base spans K-12 systems, higher education institutions, English-language learners, and enterprise clients that buy skills and assessment solutions for employees or candidates.

K-12 and education systems

Schools and public education systems buy assessment content, qualifications, and learning materials for classroom and exam use.

Higher education institutions

Universities and colleges purchase digital courseware, textbooks, and learning platforms for students and faculty.

English language learners

Students and institutions buy English-learning products and services for language development and test readiness.

Enterprise and workforce clients

Companies and organizations buy skills, training, and assessment solutions to improve employee capability.

Government and public-sector buyers

Public bodies procure testing, qualifications, and large-scale assessment services.

Strategia

Pearson's strategy centers on a portfolio of education businesses that combine content, assessment, digital learning, and workforce skills products. The multi-segment structure supports cross-selling, recurring relationships with institutions, and exposure to several end markets rather than reliance on a single education channel.

Expand digital and online learning deliveryKeskipitkä aikaväli

Digital products improve reach, recurring usage, and integration with modern learning workflows.

Strengthen assessment and qualificationsKeskipitkä aikaväli

Assessment businesses are central to institutional relationships and recurring exam demand.

Grow enterprise learning and skills offeringsKeskipitkä aikaväli

Employer-led training broadens Pearson beyond traditional schooling and higher education markets.

Maantiede

Pearson is a global business with meaningful exposure outside the UK, and its reporting notes that a significant proportion of revenue and profits are earned in overseas currencies, especially the US dollar. Its operating model therefore depends on educational and testing demand across multiple regions, with currency translation and local education policy both affecting results.

Riskit

Pearson's results are exposed to changes in education policy, testing demand, and adoption cycles in schools, universities, and enterprise training markets. The company also faces foreign exchange risk because a meaningful share of revenue and profits is generated outside the UK, particularly in US dollars, while its reporting currency is sterling.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Foreign exchange exposure1Education policy and exam-cycle dependence2Goodwill and intangible impairment3Digital competition and product displacement4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Foreign exchange exposureVaikutus: KorkeaTodennäköisyys: Korkea

    A significant portion of revenue and profits is earned in overseas currencies, especially USD, creating translation volatility.

    Kohdistuu: Global operations with heavy USD exposure

  2. Education policy and exam-cycle dependenceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Assessment and learning demand depends on public-sector purchasing, curriculum decisions, and timing of testing cycles.

    Kohdistuu: Assessment & Qualifications and school markets

  3. Goodwill and intangible impairmentVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large part of the balance sheet is intangible assets and goodwill, which depend on future cash flow assumptions.

    Kohdistuu: Acquisitions and product development assets

  4. Digital competition and product displacementVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Pearson competes in online learning and courseware markets where product quality and platform adoption change quickly.

    Kohdistuu: Virtual Learning and Higher Education

Kirjanpito

Harkinnanvaraiset erät
Goodwill impairment

The group carries substantial goodwill, and recoverability depends on long-term segment cash flow assumptions.

Vaikutus: Could materially affect reported assets and earnings if assumptions weaken

Product development capitalization

Development costs for digital learning products may be capitalized and then amortized over time.

Vaikutus: Affects operating profit, intangible asset balances, and amortization expense

Foreign currency translation

Overseas revenues and profits, especially in USD, must be translated into sterling.

Vaikutus: Creates volatility in reported revenue, profit, and balance sheet values

Revenue seasonality

Assessment and education businesses can have uneven timing around exam and academic calendars.

Vaikutus: Quarterly comparability and working capital movement

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026