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.
Revenue
$1.3B
Gross Profit
N/A
Operating Profit
$67.1M
Net Profit
$122.9M
Gross Margin
N/A
Operating Margin
5.2%
Net Margin
9.6%
YoY Growth
5.9%
EPS
$27.91
Graham Holdings Co Q3 FY2025 Financial Summary
Graham Holdings Co reported revenue of $1.3B (up 5.9% YoY) for Q3 FY2025, with a net profit of $122.9M (up 69.5% YoY) (9.6% margin).
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $122.9M |
| Gross Margin | N/A |
| Operating Margin | 5.2% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Graham Holdings Co Q3 FY2025 revenue of $1.3B breaks down across 7 segments, led by Products at $578.5M (45.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $578.5M | 45.2% |
| Kaplan International | $294.3M | 23.0% |
| Manufacturing | $124.3M | 9.7% |
| Television Broadcasting | $105.1M | 8.2% |
| Higher Education | $92.2M | 7.2% |
| Supplemental Education | $86.7M | 6.8% |
| Related Party | $4.2M | 0.3% |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.9B |
| 2024 | $4.8B |
| 2023 | $4.4B |
| 2022 | $3.9B |
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 |