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| Date | Value |
|---|---|
| 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 |