Graham Holdings Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,982	4,912	4,791	4,415	3,924	3,186
Revenue Growth (YoY)	3.69%	2.52%	8.52%	12.50%	23.18%	10.27%
Cost of Revenue	3,480	3,442	3,325	3,103	2,658	2,115
Gross Profit	1,502	1,470	1,466	1,312	1,267	1,071
Selling, General & Admin	1,117	1,110	1,077	1,007	921.74	831.85
Depreciation & Amortization Expenses	108.48	112.41	124.17	136.1	132.15	129.29
Other Operating Expenses	1,197	12.34	49.82	99.07	128.99	32.94
Total Operating Expenses	2,422	1,235	1,251	1,243	1,183	994.08
Operating Income	-919.88	234.95	215.5	69.39	83.9	77.38
Interest Income	67.9	24.65	6.57	1.94	0.39	21.32
Interest Expense	-52.74	-118.79	-186.15	-63.3	-54.4	-33.94
Other Non-Operating Income (Expense)	196.23	308.86	988.79	290.97	91.85	384.87
Total Non-Operating Income (Expense)	211.39	214.72	809.21	229.61	37.84	372.25
Pretax Income	-708.49	449.67	1,025	299	121.73	449.63
Provision for Income Taxes	148.4	146.4	292.1	87.3	51.3	96.3
Net Income	297.5	292.29	724.63	205.29	67.08	352.08
Minority Interest in Earnings	10.79	10.98	7.98	6.42	3.36	1.25
Net Income to Common	297.5	292.29	724.63	205.29	67.08	352.08
Net Income Growth	-52.34%	-59.66%	252.98%	206.04%	-80.95%	17.22%
Shares Outstanding (Basic)	4	4	4	5	5	5
Shares Outstanding (Diluted)	4	4	4	5	5	5
Shares Change (YoY)	0.12%	-0.73%	-5.35%	-2.57%	-3.79%	-3.39%
EPS (Basic)	68.23	67.11	164.62	43.96	30.20	70.65
EPS (Diluted)	67.57	66.47	163.40	43.82	30.15	70.45
EPS Growth	-52.63%	-59.32%	272.89%	45.34%	-57.20%	21.19%
Shares Outstanding	4.36	4.36	4.33	4.48	4.79	4.91
Free Cash Flow	293.33	275.3	324.08	166.43	152.92	39.89
Free Cash Flow Growth	6.55%	-15.05%	94.72%	8.83%	283.36%	-71.72%
Free Cash Flow Per Share	67.03	62.96	73.57	35.76	32.01	8.03
Dividends Per Share	7.280	7.200	6.880	6.600	6.320	6.040
Dividend Growth	1.11%	4.65%	4.24%	4.43%	4.64%	4.14%
Gross Margin	30.15%	29.93%	30.61%	29.72%	32.28%	33.63%
Operating Margin	-18.47%	4.78%	4.50%	1.57%	2.14%	2.43%
Profit Margin	6.19%	6.17%	15.29%	4.80%	1.79%	11.09%
FCF Margin	5.89%	5.61%	6.76%	3.77%	3.90%	1.25%
EBITDA	-719.58	419.44	452.74	372.3	412.6	313.35
EBITDA Margin	-14.44%	8.54%	9.45%	8.43%	10.51%	9.84%
EBIT	-919.88	234.95	215.5	69.39	83.9	77.38
EBIT Margin	-18.47%	4.78%	4.50%	1.57%	2.14%	2.43%
Effective Tax Rate	-20.95%	32.56%	28.51%	29.20%	42.14%	21.42%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q