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Graham Holdings GHC Television Broadcasting — Networking and Programming Expenses

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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 ghc:NetworkingAndProgrammingExpenses.

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 television broadcasting — networking and programming expenses?
Graham Holdings (GHC) reported television broadcasting — networking and programming expenses of $30.12M in Q1 2026.
How has Graham Holdings's television broadcasting — networking and programming expenses changed year-over-year?
Graham Holdings's television broadcasting — networking and programming expenses decreased by 3.9% year-over-year, from $31.36M to $30.12M.
What is the long-term trend for Graham Holdings's television broadcasting — networking and programming expenses?
Over 3 years (2022 to 2025), Graham Holdings's television broadcasting — networking and programming expenses has grown at a -0.5% compound annual growth rate (CAGR), from $125.75M to $123.73M.
What does television broadcasting — networking and programming expenses mean?
The costs incurred by the television broadcasting segment to acquire, produce, or license content and maintain network affiliations. These expenses are essential for maintaining competitive programming and driving viewership.