v3.26.1
Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table reconciles the figures used to calculate basic and diluted net income (loss) per share for common stock:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)
Numerator (in thousands)
Net income (loss)$(5,019)$9,768 $(1,144)$15,646 
Less: Net income (loss) attributable to non-controlling interests(9,995)819 (9,568)585 
Net income attributable to HMH Holding Inc.$4,976 $8,949 $8,424 $15,061 
Denominator (actual shares)
Weighted-average shares of common stock for HMH and HMH B.V. outstanding—basic11,662 69,355 5,863 69,355 
Effect of dilutive securities309 — 825 — 
Weighted-average shares of common stock outstanding—diluted11,971 69,355 6,688 69,355 
Net income (loss) per share of common stock (actual)
Basic$0.43 $0.13 $1.44 $0.22 
Diluted$0.42 $0.13 $1.26 $0.22 
Schedule of Potential Common Shares Excluded from Diluted Share Calculation
The following table details the actual potential common shares excluded from the diluted share calculation because their effect would be anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Restricted common stock— — — — 
Performance share units10,168 — 4,804 —