Pearson plc Interim Results for H1 2026
Pearson plc reported a good first half performance for H1 2026, with underlying revenue growth of 4% driven by strong performance in Virtual Learning and a return to growth in Assessment & Qualifications. The company achieved a 14% increase in underlying operating profit to Β£276m, with a 140bps margin expansion to 15.5%. Free cash flow was strong, up Β£103m to Β£259m, and adjusted earnings per share increased by 18% to 28.9p. Pearson reiterated its 2026 guidance, expecting mid-single digit underlying revenue growth and an adjusted operating profit of Β£640m-Β£685m. The company also announced an interim dividend increase of 5% and completed a Β£350m share buyback. Pearson is optimistic about its long-term growth opportunities, particularly in reskilling for an AI-driven world.