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Graham Holdings GHC Education — Payroll and Fringe Benefits Expense

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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 us-gaap:CompensationExpenseExcludingCostOfGoodAndServiceSold.

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)EducationTelevision BroadcastingHealthcareManufacturingAutomotiveTotal Segments
Total Consolidated Revenues$1,302,506
Less: Significant Expenses (2)
Cost of Revenue (3)159,247162,49698,107254,956674,806
Payroll and Fringe Benefits Expense (4)113,77027,74521,086162,601
Occupancy Expense25,4972,00927,506
Advertising and Marketing Expense19,56919,569
Networking and Programming Expense29,84629,846
Management Services (5)2,3252,325

Item 1. Financial Statements.

FAQ

What is Graham Holdings's education — payroll and fringe benefits expense?
Graham Holdings (GHC) reported education — payroll and fringe benefits expense of $113.77M in Q2 2026.
How has Graham Holdings's education — payroll and fringe benefits expense changed year-over-year?
Graham Holdings's education — payroll and fringe benefits expense decreased by 5.7% year-over-year, from $120.63M to $113.77M.
What is the long-term trend for Graham Holdings's education — payroll and fringe benefits expense?
Over 3 years (2022 to 2025), Graham Holdings's education — payroll and fringe benefits expense has grown at a 7.0% compound annual growth rate (CAGR), from $394.97M to $484.29M.
What does education — payroll and fringe benefits expense mean?
Captures the total compensation costs for personnel within the education segment, including salaries, wages, and associated benefits. Monitoring this helps evaluate the labor intensity and human capital investment required to sustain educational operations.

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