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Graham Holdings GHC Education — Advertising and Marketing Expense

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Other financials

Income statement

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Revenue$1.2B+6.0%
Gross profit$340.5M-2.3%
Operating income$57.8M+21.8%
Net income$29.1M+21.8%
EPS (diluted)$6.62+21.5%

Balance sheet

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Cash & equivalents$234.0M+13.1%
Total debt$1.4B-6.4%
Total equity$4.7B+10.2%
Total assets$8.2B+7.4%

Cash flow

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Operating cash flow$67.7M+47.2%
CapEx$19.2M+23.8%
Free cash flow$48.6M+59.0%

Valuation

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Market cap$4.93B+9.7%

Profitability

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Gross margin29.7%-2.6pp
Operating margin4.9%+0.2pp
Net margin6%-7.0pp
FCF margin5.9%-1.9pp

Returns & leverage

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Return on equity6.6%-8.4pp
Debt / equity0.3×-0.1×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Graham Holdings in its filing.

Tagged under the XBRL concept us-gaap:MarketingAndAdvertisingExpense.

The official record: Graham Holdings’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Graham Holdings's education — advertising and marketing expense?
Graham Holdings (GHC) reported education — advertising and marketing expense of $19.43M in Q1 2026.
How has Graham Holdings's education — advertising and marketing expense changed year-over-year?
Graham Holdings's education — advertising and marketing expense increased by 1.1% year-over-year, from $19.22M to $19.43M.
What is the long-term trend for Graham Holdings's education — advertising and marketing expense?
Over 3 years (2022 to 2025), Graham Holdings's education — advertising and marketing expense has grown at a 10.5% compound annual growth rate (CAGR), from $58.03M to $78.26M.
What does education — advertising and marketing expense mean?
Reflects the expenditure dedicated to student acquisition, brand awareness, and promotional campaigns for educational programs. It is a critical indicator of the segment's growth strategy and the cost required to attract new enrollments.