v3.26.3
Earnings per Share (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
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,  
(in thousands)       2026        2025         2026        2025  
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—basic
      11,662       69,355        5,863       69,355  
Effect of dilutive securities
      309       —        825       —  
  
 
 
  
Weighted-average shares of common stock outstanding—diluted
      11,971       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,  
         2026         2025         2026         2025  
Restricted common stock
      —        —        —        —  
Performance share units
      10,168        —        4,804        —  
 
  
  
HMH Holding BV And Subsidiaries [Member]    
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]    
Schedule of Earnings Per Share   There are no adjustments required to be made to net income or the ordinary shares outstanding for purposes of computing basic and diluted earnings per share.
 
     
      2025      2024  
Numerator (in thousands)
      
Net income
    $ 46,123      $ 51,956  
Less: Net income attributable to non-controlling interests
      669        738  
  
 
 
     
 
 
  
Net income attributable to HMH Holding B.V.
    $ 45,454      $ 51,218  
Denominator
      
Weighted average ordinary shares—basic and diluted (actual shares)
      200        200  
  
 
 
  
Earnings per ordinary shares—basic and diluted (actual)
    $ 227,270      $ 256,090