HIGHBuilt-inProduct / Revenue mix
64%
Research segment
“10-K Item 1: 'Research revenue accounted for approximately 64% of our consolidated revenue in the year ended April 30, 2025'”
WLYB · Concentration risk · 10-K extracted
John Wiley & Sons (WLYB) concentration risks
Updated
The most significant concentration John Wiley & Sons discloses is Research segment at 64%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: John Wiley & Sons’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 5 disclosed concentrations
HIGH2
MEDIUM3
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partyCounterparty
Cengage Learning
“10-K Item 1: 'We have an agreement to outsource our US-based book distribution operations to Cengage Learning'”
MEDIUMBuilt-inGeographic
49%
outside the United States
“10-K Item 1: 'approximately 49% of our consolidated revenue was from outside the US'”
MEDIUMOutside partyCounterparty
46%
professional societies and publishing partners
“10-K Item 1: 'Approximately 46% of Journal Subscriptions revenue is derived from publication rights that are owned by professional societies and other publishing partners such as research institutions or foundations'”
MEDIUMBuilt-inProduct / Revenue mix
35%
Learning segment
“10-K Item 1: 'Learning accounted for approximately 35% of our consolidated revenue in the year ended April 30, 2025'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06For Wiley's WLYB shares, the same underlying disclosures apply: concentration risk mixes segment structure with real counterparty dependency, spanning high- and medium-share bands. Research is the dominant segment, generating approximately 64% of consolidated revenue in the year ended April 30, 2025 — a high-share structural exposure tied to that single segment. On top of that sits a high-share dependency: US-based book distribution is outsourced entirely to one counterparty, Cengage Learning, rather than spread across multiple distribution partners. The remaining exposures are medium-share. International markets contributed approximately 49% of consolidated revenue, a structural exposure to conditions outside the United States. Inside Research, approximately 46% of Journal Subscriptions revenue comes from publication rights owned by professional societies and other publishing partners — a medium-share dependency on external rights-holders. The Learning segment, the company's other reporting segment, generated approximately 35% of consolidated revenue. Netted together, the largest segment's own revenue partly depends on externally-owned content rights, essentially half of revenue is international, and a single outsourced partner handles US distribution — dependency exposure layers on top of, rather than substituting for, structural segment concentration. None of these figures moves independently; they describe one integrated publishing and research business with concentration at both the segment and counterparty level.
For the engine’s reasoning on WLYB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Publishing
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| WLY | John Wiley & Sons, Inc. | 2 | 3 | 0 | 5 |
| WLYB● | John Wiley & Sons, Inc. | 2 | 3 | 0 | 5 |
| TDAY | USA TODAY Co., Inc. | 1 | 1 | 0 | 2 |
| NYT | New York Times Company (The) | 0 | 1 | 0 | 1 |
| SCHL | Scholastic Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.