Graham Holdings (GHC) Cost of Revenue (2019 - 2026)
Quarterly results put Cost of Revenue at $395.0 million for Q1 2026, down 8.82% from a year ago — trailing twelve months through Mar 2026 was $1.8 billion (up 18.86% YoY), and the annual figure for FY2025 was $1.9 billion, up 20.05%.
Graham Holdings has reported Cost of Revenue over the past 8 years, most recently at $395.0 million for Q1 2026.
- Cost of Revenue reached $395.0 million in Q1 2026 per GHC's latest filing, down from $508.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $826.3 million in Q4 2023 and bottomed at $251.7 million in Q4 2024.
- Median Cost of Revenue over the past 5 years was $427.1 million (2024), compared with a mean of $486.7 million.
- The largest annual shift saw Cost of Revenue skyrocketed 2120.53% in 2022 before it plummeted 69.53% in 2024.
- Over 5 years, Cost of Revenue stood at $715.6 million in 2022, then rose by 15.46% to $826.3 million in 2023, then tumbled 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.
- Business Quant data shows Cost of Revenue for GHC at $395.0 million in Q1 2026, $508.4 million in Q4 2025, and $425.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 8.44 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 394.99 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 289.01 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 63.99 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 47.07 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 117.43 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 23.90 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 74.63 Mn |
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 |
| Sep 30, 2023 | 407.80 Mn |
| Sep 30, 2023 | 407.80 Mn |
| Jun 30, 2023 | 363.03 Mn |
| Jun 30, 2023 | 363.03 Mn |
| Mar 31, 2023 | 356.94 Mn |
| Mar 31, 2023 | 356.94 Mn |
| Dec 31, 2022 | 715.63 Mn |
| Dec 31, 2022 | 715.63 Mn |
| Sep 30, 2022 | 694.76 Mn |
| Sep 30, 2022 | 694.76 Mn |
| Jun 30, 2022 | 631.83 Mn |
| Jun 30, 2022 | 631.83 Mn |
| Mar 31, 2022 | 615.50 Mn |
| Mar 31, 2022 | 615.50 Mn |
| Dec 31, 2021 | -35.42 Mn |
| Dec 31, 2021 | -35.42 Mn |
| Sep 30, 2021 | 241.54 Mn |
| Sep 30, 2021 | 241.54 Mn |
| Jun 30, 2021 | 306.98 Mn |
| Jun 30, 2021 | 306.98 Mn |
| Mar 31, 2021 | 178.79 Mn |
| Mar 31, 2021 | 178.79 Mn |
| Dec 31, 2020 | 191.61 Mn |
| Dec 31, 2020 | 191.61 Mn |
| Sep 30, 2020 | 298.25 Mn |
| Sep 30, 2020 | 298.25 Mn |
| Jun 30, 2020 | 298.58 Mn |
| Jun 30, 2020 | 298.58 Mn |
| Mar 31, 2020 | 333.05 Mn |
| Mar 31, 2020 | 333.05 Mn |
| Dec 31, 2019 | 177.14 Mn |
| Dec 31, 2019 | 177.14 Mn |
| Sep 30, 2019 | 345.48 Mn |
| Sep 30, 2019 | 345.48 Mn |
| Jun 30, 2019 | 153.13 Mn |
| Jun 30, 2019 | 153.13 Mn |
| Mar 31, 2019 | 318.47 Mn |
| Mar 31, 2019 | 318.47 Mn |