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Graham Holdings GHC Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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, except per share amounts)Three Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Net Income282,37640,423313,12766,144
Net Income Attributable to Noncontrolling Interests(1,273)(3,674)(2,918)(5,501)
Net Income Attributable to Graham Holdings Company Common Stockholders$281,103$36,749$310,209$60,643
Per Share Information Attributable to Graham Holdings Company Common Stockholders
Basic net income per common share$65.53$8.43$71.76$13.93
Basic average number of common shares outstanding4,2654,3334,2984,327
Diluted net income per common share$64.86$8.35$71.04$13.81
Diluted average number of common shares outstanding4,3094,3734,3424,366

Item 1. Financial Statements.

FAQ

What is Graham Holdings's shares (diluted)?
Graham Holdings (GHC) reported shares (diluted) of 4.3M in Q2 2026.
How has Graham Holdings's shares (diluted) changed year-over-year?
Graham Holdings's shares (diluted) decreased by 1.5% year-over-year, from 4.4M to 4.3M.
What is the long-term trend for Graham Holdings's shares (diluted)?
Over 4 years (2021 to 2025), Graham Holdings's shares (diluted) has grown at a -3.2% compound annual growth rate (CAGR), from 19.9M to 17.5M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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