GRAHAM HOLDINGS financials
$1,127.83−1.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.24B | $1.25B | $1.28B | $1.22B | $1.17B | $1.25B | $1.21B | $1.19B | $1.15B | $1.17B | $1.11B |
| Gross profit | $392.0M | $378.8M | $372.5M | $374.5M | $376.3M | $346.6M | $399.9M | $380.4M | $353.4M | $332.7M | $340.5M | $329.9M |
| Gross margin | 30.1% | 30.6% | 29.8% | 29.3% | 31.0% | 29.7% | 32.1% | 31.5% | 29.8% | 28.9% | 29.2% | 29.7% |
| Operating income | $83.6M | $57.8M | $47.6M | $67.1M | $72.8M | $47.5M | $72.5M | $81.6M | $25.9M | $35.4M | $174.6M | -$57.1M |
| Net income | $279.5M | $28.9M | $108.2M | $122.2M | $36.5M | $23.7M | $545.1M | $72.0M | -$21.1M | $123.5M | $52.9M | -$23.1M |
| Net margin | 21.5% | 2.3% | 8.6% | 9.6% | 3.0% | 2.0% | 43.8% | 6.0% | −1.8% | 10.7% | 4.5% | −2.1% |
| Diluted EPS | $64.86 | $6.62 | $24.69 | $27.91 | $8.35 | $5.45 | $124.51 | $16.42 | $-4.79 | $27.72 | $11.69 | $-5.02 |
| EBITDA | $107.9M | $120.3M | $95.9M | $100.6M | $99.6M | $75.9M | $148.5M | $111.4M | $110.7M | $68.7M | $174.6M | $173.5M |
| Operating cash flow | $52.7M | $67.7M | $28.3M | $178.1M | $94.8M | $46.0M | $116.3M | $237.6M | $52.0M | $1.1M | $57.3M | $140.3M |
| Free cash flow | $32.6M | $48.6M | $5.0M | $161.8M | $78.0M | $30.5M | $91.1M | $219.4M | $33.7M | -$20.2M | $25.1M | $120.0M |
| Diluted shares | 4.3M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.5M | 4.5M | 4.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $156.8M | $135.7M | $267.0M | $190.8M | $176.2M | $156.7M |
| Short-term investments | $1.09B | $972.7M | $1.09B | $1.01B | $898.1M | $909.0M |
| Total debt | $906.4M | $828.0M | $887.6M | $740.6M | $824.8M | $873.0M |
| Total assets | $8.14B | $8.18B | $8.40B | $7.85B | $7.62B | $7.62B |
| Total liabilities | $3.32B | $3.38B | $3.53B | $3.31B | $3.18B | $3.25B |
| Shareholders' equity | $4.80B | $4.77B | $4.83B | $4.49B | $4.38B | $4.33B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology