January 22, 2026
AAP November 2025 StatShot Report: Overall Publishing Industry Up 1.9% for Month of November, and Up 0.5% Year-To-Date
Trade (Consumer Book) Revenues Up 3.1% for Month of November, and Down 1.7% Year-to-Date
The Association of American Publishers (AAP) today released its StatShot report for November 2025, reflecting reported revenue for Trade (Consumer Books), Religious Presses, and Professional Publishing.
Total revenue across all categories for November 2025 was up 1.9% as compared to November 2024, coming in at $1.2 billion. Year-to-date revenues were up 0.5%, at $13.6 billion for the first eleven months of the year.
Trade (Consumer Books) Revenues
November
Trade (Consumer Books) revenues were up 3.1% in November at $972 million. In terms of physical paper format revenues during the month of November, in the Trade (Consumer Books) category, Hardback revenues were up 7.3%, coming in at $422.7 million; Paperbacks were down 1.9%, with $294.5 million in revenue; Mass Market was down 66.5% to $3.9 million; and Special Bindings were up 9%, with $27.7 million in revenue.
eBook revenues were up 2.1% at $86.9 million for the month, and revenues from the Digital Audio format were up 15.8% for November, coming in at $107.6 million in revenue. Physical Audio revenues were down 41.9%, coming in at $500 thousand.
Year-to-date
Year-to-date Trade revenues were down 1.7% at $8.9 billion for the first eleven months of the year. Hardback revenues were up 1.5% on a year-over-year basis, coming in at $3.4 billion; Paperbacks were down 5.6%, with $2.9 billion in revenue; Mass Market was down 26.2% to $81 million; and Special Bindings were down 0.9%, with $210.6 million in revenue.
eBook revenues were flat as compared to the first eleven months of 2024, for a total of $963.7 million. The Digital Audio format was up 2.4%, coming in at $995.3 million in revenue. Physical Audio revenues were down 33.7%, coming in at $5.5 million.
Religious Presses
November
Religious press revenues were up 7.5% in November, coming in at $106.9 million. Hardback revenues were up 17% to $75.3 million in revenue, while Paperback revenues were down 7.5% to $14.1 million. eBook revenues were up 15.1%, coming in at $4.8 million.
Year-to-date
On a year-to-date basis, religious press revenues were up 1.7%, at $848 million. Hardback revenues were up 1.7% at $530.9 million in revenue, Paperback revenues were down 5.1% to $143.7 million, and eBook revenues were down 0.7% at $46.3 million.
Professional Books
Professional Books, including business, medical, law, technical and scientific, were flat during the month, coming in at $37.5 million. Year-to-date, Professional Books’ revenues were $390.5 million, down 8.3% as compared to the first eleven months of 2024.
AAP’s StatShot
AAP StatShot reports the monthly and yearly net revenue of publishing houses from U.S. sales to bookstores, wholesalers, direct to consumer, online retailers, and other channels. StatShot draws revenue data from approximately 1,300 publishers, although participation may fluctuate slightly from report to report.
StatShot reports are designed to give ongoing revenue snapshots across publishing sectors using the best data currently available. The reports reflect participants’ most recent reported revenue for current and previous periods, enabling readers to compare revenue on both a month-to-month and year-to-year basis within a given StatShot report.
Monthly and yearly StatShot reports may not align completely across reporting periods, because: a) The pool of StatShot participants may fluctuate from report to report; and b) Like any business, it is common accounting practice for publishing houses to update and restate their previously reported revenue data. If, for example, a business learns that its revenues were greater in a given year than its reports first indicated, it will restate the revenues in subsequent reports to AAP, permitting AAP in turn to report information that is more accurate than previously reported.