Graham Holdings CoGHCEarnings & Financial Report
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
GHC Q4 FY2025 Key Financial Metrics
Revenue
$1.3B
Gross Profit
N/A
Operating Profit
$47.6M
Net Profit
$108.7M
Gross Margin
N/A
Operating Margin
3.8%
Net Margin
8.7%
YoY Growth
0.4%
EPS
$24.76
Graham Holdings Co Q4 FY2025 Financial Summary
Graham Holdings Co reported revenue of $1.3B (up 0.4% YoY) for Q4 FY2025, with a net profit of $108.7M (down 80.2% YoY) (8.7% margin).
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $108.7M |
| Gross Margin | N/A |
| Operating Margin | 3.8% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Graham Holdings Co Q4 FY2025 revenue of $1.3B breaks down across 7 segments, led by Products at $602.7M (48.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $602.7M | 48.2% |
| Kaplan International | $251.9M | 20.1% |
| Manufacturing | $117.8M | 9.4% |
| Television Broadcasting | $110.5M | 8.8% |
| Higher Education | $83.8M | 6.7% |
| Supplemental Education | $74.9M | 6.0% |
| Related Party | $4.4M | 0.4% |
Graham Holdings Co Revenue by Segment — Quarterly Trend
Graham Holdings Co revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Kaplan International) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Products | $602.7M | $578.5M | — | $518.4M |
| Kaplan International | $251.9M | $294.3M | — | — |
| Manufacturing | $117.8M | $124.3M | $96.2M | $98.0M |
| Television Broadcasting | $110.5M | $105.1M | $106.0M | $103.6M |
| Higher Education | $83.8M | $92.2M | $84.7M | $88.5M |
Graham Holdings Co Annual Revenue by Year
Graham Holdings Co annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.9B).
Graham Holdings Co Quarterly Revenue & Net Profit History
Graham Holdings Co results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.3B | +0.4% | $108.7M | 8.7% |
| Q3 FY2025 | $1.3B | +5.9% | $122.9M | 9.6% |
| Q2 FY2025 | $1.2B | +2.6% | $36.7M | 3.0% |
| Q1 FY2025 | $1.2B | +1.1% | $23.9M | 2.0% |
| Q4 FY2024 | $1.2B | +6.8% | $548.8M | 44.1% |
| Q3 FY2024 | $1.2B | +8.6% | $72.5M | 6.0% |
| Q2 FY2024 | $1.2B | +7.3% | $-21.0M | -1.8% |
| Q1 FY2024 | $1.2B | +11.7% | $124.4M | 10.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.19B | $1.21B | $1.25B | $1.17B | $1.22B | $1.28B | $1.25B |
| YoY Growth | 11.7% | 7.3% | 8.6% | 6.8% | 1.1% | 2.6% | 5.9% | 0.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.26B | $7.23B | $7.42B | $7.68B | $7.62B | $7.62B | $7.85B | $8.40B |
| Liabilities | $3.16B | $3.20B | $3.35B | $3.35B | $3.25B | $3.18B | $3.31B | $3.53B |
| Equity | $4.04B | $3.97B | $4.00B | $4.26B | $4.29B | $4.35B | $4.46B | $4.79B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.1M | $52.0M | $237.6M | $116.3M | $46.0M | $94.8M | $178.1M | $28.3M |