| Schedule of Goodwill |
The following table summarizes the activity in goodwill by segment as of July 31, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | April 30, 2026(1) | | Acquisition(2) | | Foreign Translation Adjustment | | July 31, 2026 | | | Research | $ | 639,367 | | | $ | 263,165 | | | $ | (3,304) | | | $ | 899,228 | | | | Learning | 493,025 | | | — | | | (1,496) | | | 491,529 | | | | Total | $ | 1,132,392 | | | $ | 263,165 | | | $ | (4,800) | | | $ | 1,390,757 | | |
| | | | | | (1) | As of April 30, 2026, goodwill includes accumulated pretax noncash goodwill impairments of $318.2 million which were recognized in our Held for Sale or Sold segment at that time. | | (2) | Refer to Note 3, “Acquisition and Divestitures,” for more information related to the acquisition that occurred in the three months ended July 31, 2026. |
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| Schedule of Intangible Assets, Net |
Intangible assets, net were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | July 31, 2026 | | | | | | April 30, 2026 | | | | | | | | | | | | | | | Intangible assets with definite lives, net(1): | | | | | | | | | | | | | | Content and publishing rights | | | | | $ | 588,750 | | | | | | | $ | 414,216 | | | | Customer relationships | | | | | 121,308 | | | | | | | 26,391 | | | Developed technology(2) | | | | | 8,161 | | | | | | | 6,839 | | | | Brands and trademarks | | | | | 9,358 | | | | | | | 4,338 | | | | | | | | | | | | | | | | | Total intangible assets with definite lives, net | | | | | 727,577 | | | | | | | 451,784 | | | | Intangible assets with indefinite lives: | | | | | | | | | | | | | Brands and trademarks(2) | | | | | 37,000 | | | | | | | 37,000 | | | | Publishing rights | | | | | 88,726 | | | | | | | 90,175 | | | | Total intangible assets with indefinite lives | | | | | 125,726 | | | | | | | 127,175 | | | | Total intangible assets, net | | | | | $ | 853,303 | | | | | | | $ | 578,959 | | |
| | | | | | | (1) | Refer to Note 3, “Acquisition and Divestitures,” for more information related to the acquisition that occurred in the three months ended July 31, 2026. | (2) | The developed technology balance as of April 30, 2026 is presented net of accumulated impairments and write-offs of $2.8 million. The indefinite-lived brands and trademarks balance as of April 30, 2026 is net of accumulated impairments of $93.1 million. |
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