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Graham Holdings GHC Education — Cost of Revenue

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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:CostOfRevenue.

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 — cost of revenue?
Graham Holdings (GHC) reported education — cost of revenue of $167.43M in Q1 2026.
How has Graham Holdings's education — cost of revenue changed year-over-year?
Graham Holdings's education — cost of revenue increased by 0.8% year-over-year, from $166.09M to $167.43M.
What is the long-term trend for Graham Holdings's education — cost of revenue?
Over 3 years (2022 to 2025), Graham Holdings's education — cost of revenue has grown at a 5.2% compound annual growth rate (CAGR), from $565.64M to $659.03M.
What does education — cost of revenue mean?
Represents the direct costs attributable to the production and delivery of educational services and products. This includes expenses directly tied to generating revenue, such as instructional materials, direct labor for teaching, and platform hosting costs.