Pearson plc Q1 2026 Trading Update
Pearson plc reported a 4% increase in underlying Group sales for Q1 2026, with all business units performing in line with expectations. Virtual Learning showed strong growth at 21%, while Assessment & Qualifications are expected to return to growth in Q2. The company is on track to meet its 2026 financial guidance, which includes mid-single digit underlying sales growth and adjusted operating profit between Β£640m-Β£685m. Strategic initiatives include a partnership with Salesforce, the rollout of an AI-powered learning solution, and expansion of AI learning offerings. A Β£350m share buyback program is progressing well, and the company recently issued Β£350m in bonds. Pearson maintains a strong financial position with low leverage and good liquidity.