Oxford University Press (OUP) has released its 2025/26 Annual Report, reporting Group turnover of £824m and headline turnover growth of 4% on an FRS 102 basis. Surplus from trading before interest, funded projects, minority interests, and taxation was £68m.
Throughout the year, OUP says it strengthened its research and education portfolio while continuing its investment in digital technologies to meet the changing needs of researchers, teachers, and learners worldwide. Digital revenue now accounts for 46% of overall revenue.
The publisher says a significant moment during the year was the acquisition of Karger Publishers—a medicine and healthcare publisher with a portfolio of almost 100 journals—marking a milestone in OUP's research publishing programme. OUP also grew its English language assessment offer, with a 30% increase in test takers for both the Oxford Test of English and Oxford Test of English Advanced—the latter of which was named Best Summative Assessment Project at the 2025 International e-Assessment Awards.
New digital products included Oxford Revise Exam Ready in the UK, and Finch, an AI-powered student tutor introduced on the Oxford Digital learning portal in Australia and New Zealand. The Oxford English Hub—the home of OUP’s digital content for teaching and learning English—recorded more than 1.3 million users, representing a 63% increase in usage. For researchers, OUP created Oxford Law Pro, a specialist legal resource powered by a conversational AI research assistant. It further expanded the content available via its Oxford Academic platform with the addition of 21,000 articles from the Oxford Research Encyclopedias.
As part of its continued commitment to supporting reading and literacy, OUP published refreshed editions of the Oxford Children’s Dictionary and Oxford Children’s Thesaurus. It also introduced Green Sparks, a strand of the Oxford Reading Tree which comprises 42 books that provide age-appropriate environmental education linked to the UN Sustainable Development Goals. Responding to curriculum change across the world, it released new resources for schools in Australia and Kenya and began preparations for the implementation of the UK Curriculum and Assessment Review.
The report also celebrates 99 prizes awarded to OUP’s academic books and authors throughout the year, including the Pulitzer Prize for History for COMBEE: Harriet Tubman, the Combahee River Raid, and Black Freedom during the Civil War by Edda L Fields-Black.
Alongside its publishing activities, OUP says it maintained its commitment to the wider education and research community. It achieved its target of using 100% certified sustainable paper for print publications, donated 154,000 books and £127,000 to charitable and disaster relief initiatives, and colleagues contributed 957 hours of volunteering.
Nigel Portwood, CEO, said: “This has been a year of investment, innovation, and growth for OUP. Against a changing backdrop in some of our markets, we remained focused on fulfilling our mission by expanding our publishing portfolio, embracing new technologies, and developing tools and services to support learning and research across the world.”
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