Financials in USD. Standardized financial statements.
A compact view of how Graham Holdings Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.91B | $4.79B | $4.41B | $3.92B | $3.19B | $2.89B | $2.93B | $2.70B | $2.59B | $2.48B |
| Revenue Growth? | +2.5% | +8.5% | +12.5% | +23.2% | +10.3% | -1.5% | +8.8% | +4.0% | +4.4% | 0.0% |
| Cost of Revenue? | $3.55B | $3.32B | $3.10B | $2.66B | $2.11B | $1.91B | $1.95B | $1.59B | $1.45B | $1.27B |
| Gross Profit? | $1.36B | $1.47B | $1.31B | $1.27B | $1.07B | $977.01M | $983.85M | $1.11B | $1.14B | $1.21B |
| Gross Margin? | +27.6% | +30.6% | +29.7% | +32.3% | +33.6% | +33.8% | +33.6% | +41.1% | +43.9% | +48.8% |
| Operating Expenses? | $1.11B | $1.25B | $1.24B | $1.18B | $994.08M | $876.61M | $839.31M | $863.17M | $1.00B | $988.99M |
| Operating Income? | $251.81M | $215.50M | $69.39M | $83.90M | $77.38M | $100.41M | $144.55M | $246.16M | $136.40M | $222.87M |
| EBITDA? | $423.97M | $1.45B | $665.21M | $504.84M | $719.55M | $696.74M | $662.09M | $473.65M | $329.99M | $378.94M |
| Income Before Tax | $449.67M | $1.02B | $299.00M | $121.73M | $449.63M | $407.27M | $426.48M | $323.51M | $182.79M | $250.66M |
| Income Tax Expense | $146.40M | $292.10M | $87.30M | $51.30M | $96.30M | $107.30M | $98.60M | $52.10M | -$119.70M | $81.20M |
| Net Income? | $292.29M | $724.63M | $205.29M | $67.08M | $352.07M | $300.37M | $327.86M | $271.21M | $302.04M | $168.59M |
| EPS? | $67.11 | $164.62 | $43.96 | $13.83 | $70.66 | $58.30 | $61.69 | $50.85 | $54.24 | $29.95 |
| Diluted EPS? | $66.47 | $163.40 | $43.82 | $13.79 | $70.46 | $58.13 | $61.21 | $50.50 | $53.89 | $29.80 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality