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Graham Holdings GHC Code3 — Number of Performance Obligations

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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 ghc:NumberofPerformanceObligations.

The source filing: Graham Holdings’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 8:19 AM EST
Fiscal year
FY2025
Accession
0001628280-26-011405

Code3 Revenue. Code3 generates media management revenue in exchange for providing social media marketing solutions to its clients. The Company determined that Code3 contracts generally have one performance obligation made up of a series of promises to manage the client’s media spend on advertising platforms for the duration of the contract period.

Item 16. Form 10-K Summary.

FAQ

What is Graham Holdings's code3 — number of performance obligations?
Graham Holdings (GHC) reported code3 — number of performance obligations of 0.3 in Q4 2025.
How has Graham Holdings's code3 — number of performance obligations changed year-over-year?
Graham Holdings's code3 — number of performance obligations decreased by 0.0% year-over-year, from 0.3 to 0.3.
What is the long-term trend for Graham Holdings's code3 — number of performance obligations?
Over 4 years (2021 to 2025), Graham Holdings's code3 — number of performance obligations has grown at a 0.0% compound annual growth rate (CAGR), from 1 to 1.
What does code3 — number of performance obligations mean?
This metric represents the total count of distinct promises to transfer goods or services to a customer within the Code3 business segment as defined under revenue recognition accounting standards. It provides insight into the complexity and variety of contractual commitments managed by the segment. Monitoring this count helps investors understand the operational scope and the nature of revenue-generating activities within this specific service line.

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