Graham Holdings (GHC) Cost of Revenue (2019 - 2026)

Graham Holdings' (GHC) quarterly Cost of Revenue came in at $395.0 million in Q1 2026, down 8.82% year-on-year from $433.2 million in Q1 2025, and down 22.31% quarter-over-quarter from $508.4 million in Q4 2025.

Graham Holdings (GHC) Cost of Revenue (2019 - 2026) Analysis & Trends

Graham Holdings has disclosed Cost of Revenue across 8 years of filings, most recently posting $395.0 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $395.0 million, down 8.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (up 18.86% YoY), and the FY2025 annual result was $1.9 billion, up 20.05% from the prior year.
  • Cost of Revenue came in at $395.0 million for Q1 2026 at Graham Holdings, down from $508.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $826.3 million in Q4 2023 to a low of $251.7 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $427.1 million (2024), against an average of $486.7 million.
  • Across the five-year window, Cost of Revenue jumped 2120.53% in 2022 and tumbled 69.53% in 2024, its largest moves.
  • Graham Holdings' Cost of Revenue stood at $715.6 million in 2022, then climbed by 15.46% to $826.3 million in 2023, then sank by 69.53% to $251.7 million in 2024, then surged by 101.98% to $508.4 million in 2025, then decreased by 22.31% to $395.0 million in 2026.
  • The last three Cost of Revenue figures came in at $395.0 million (Q1 2026), $508.4 million (Q4 2025), and $425.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn 20.41 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 289.01 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 394.99 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 210.72 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 398.31 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 63.99 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 74.83 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 117.43 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 47.07 Mn
10 Strategic Education 1.69 Bn 1.53 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 394.99 Mn
Mar 31, 2026 394.99 Mn
Dec 31, 2025 508.44 Mn
Dec 31, 2025 508.44 Mn
Sep 30, 2025 425.05 Mn
Sep 30, 2025 425.05 Mn
Jun 30, 2025 450.12 Mn
Jun 30, 2025 450.12 Mn
Mar 31, 2025 433.22 Mn
Mar 31, 2025 433.22 Mn
Dec 31, 2024 251.73 Mn
Dec 31, 2024 251.73 Mn
Sep 30, 2024 427.11 Mn
Sep 30, 2024 427.11 Mn
Jun 30, 2024 384.29 Mn
Jun 30, 2024 384.29 Mn
Mar 31, 2024 387.74 Mn
Mar 31, 2024 387.74 Mn
Dec 31, 2023 826.28 Mn
Dec 31, 2023 826.28 Mn