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Discontinued — last reported Q2 '26

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Segments

By segment

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Healthcare$7.3M
Manufacturing$3.04M+14.4%
Television Broadcasting$2.35M-10.7%

Other financials

Income statement

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Revenue$1.3B+7.1%
Gross profit$340.5M-2.3%
Operating income$83.6M+15.0%
Net income$281.1M+665%
EPS (diluted)$64.86+677%

Balance sheet

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Cash & equivalents$208.1M-9.3%
Total debt$1.5B-12.8%
Total equity$4.8B+9.4%
Total assets$8.1B+6.9%

Cash flow

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Operating cash flow$52.7M-44.4%
CapEx$20.1M+19.4%
Free cash flow$32.6M-58.2%

Valuation

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Market cap$5.06B+20.2%
Enterprise value$6.38B+11.3%
P/E9.3×+3.2×
P/S+0.1×

Profitability

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Gross margin29.7%-2.6pp
Operating margin5.1%-0.6pp
Net margin10.7%-3.4pp
FCF margin4.9%-3.8pp

Returns & leverage

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Return on equity11.9%-4.5pp
Debt / equity0.3×-0.1×
Current ratio1.9×+0.6×

Where this comes from

Reported directly by Graham Holdings in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The source filing: Graham Holdings’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 8:25 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050826
(in thousands, except per share amounts)Three Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Cost of goods sold (exclusive of items shown below)525,479450,122987,686883,344
Selling, general and administrative284,138276,690561,619547,396
Depreciation of property, plant and equipment18,28119,65236,67540,206
Amortization of intangible assets5,9787,24112,03315,065
Impairment of goodwill and asset group held for sale19,029
1,218,8721,143,0212,397,0312,261,463
Income from Operations83,63472,751141,467120,224
Equity in (losses) earnings of affiliates, net(19,863)3,11414,987(5,314)

Item 1. Financial Statements.

FAQ

What is Graham Holdings's D&A?
Graham Holdings (GHC) reported D&A of $5.98M in Q2 2026.
How has Graham Holdings's D&A changed year-over-year?
Graham Holdings's D&A decreased by 17.4% year-over-year, from $7.24M to $5.98M.
What is the long-term trend for Graham Holdings's D&A?
Over 4 years (2021 to 2025), Graham Holdings's D&A has grown at a -13.7% compound annual growth rate (CAGR), from $57.87M to $32.04M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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