What they say. What the data shows.

Every number on this page comes from public data — Crossref submission dates, OpenAlex metadata, Retraction Watch records. We didn't make these numbers up. They did. We just counted.

Publisher Annual Revenue Profit Margin Claimed Review Time Actual Median Retractions APC Range
Elsevier ~$3.5B ~37% 6–8 weeks 6–8 wks ~147 days 12,400+ $2,000–$11,000
Springer Nature ~$2.0B ~30% 4–6 weeks 4–6 wks ~168 days 8,200+ $2,500–$9,500
Wiley ~$2.0B ~28% 6–10 weeks 6–10 wks ~193 days 5,100+ $2,000–$7,000
Taylor & Francis ~$1.5B ~35% 4–8 weeks 4–8 wks ~156 days 3,800+ $1,800–$5,000
SAGE ~$600M ~25% 6–12 weeks 6–12 wks ~182 days 1,200+ $1,500–$4,000
Sources: Crossref submission/acceptance dates · Retraction Watch database · Publisher annual reports · OpenAlex metadata

How we calculated this

Review times: Crossref metadata includes submission, acceptance, and publication dates for millions of papers. We compute the median time from submission to acceptance across each publisher's entire portfolio. These are their own reported dates.

Retraction counts: Retraction Watch maintains a database of 63,000+ retracted papers — every one a paper that passed peer review and was later found to be fabricated, plagiarized, or fundamentally flawed. We count by publisher.

Revenue and margins: Publisher annual reports and SEC filings. Public information.

What they claim: Directly from each publisher's author guidelines and submission portals. Archived and timestamped.

The circular economy of academic publishing

1. Government funds research with public money

2. Researcher writes paper (unpaid by publisher)

3. Researcher pays $2K–$11K to publisher for the privilege of submitting

4. Other researchers review it for free (unpaid by publisher)

5. Publisher formats it (the only actual work they do)

6. Publisher sells it back to the university for $10K–$30K/year per journal

7. University pays with the same public funding from step 1

The money goes in a circle. Publishers sit in the middle taking 30–40% at every step. On a product made entirely by unpaid volunteers.

Libra replaces the system. Not just the review.

28-dimension scoring. Public reviews. Mathematical verification. Transparent. Reproducible. And it doesn't cost $28 billion a year.

Score a paper