Graham Holdings (GHC) Gross Margin (2019 - 2026)
Graham Holdings' (GHC) quarterly Gross Margin came in at 59.66% in Q2 2026, down 332.0% year-over-year from 25.71% in Q2 2025, and down 4.71% quarter-over-quarter from 62.6% in Q1 2026.
Powered by 
Analysis
Graham Holdings (GHC) Gross Margin (2019 - 2026) Analysis & Trends
Graham Holdings has disclosed Gross Margin across 8 years of filings, most recently posting 59.66% for Q2 2026.
- In Q2 2026, Gross Margin fell 332.0% year-over-year to 59.66%; the TTM figure through Jun 2026 stood at 61.02% (down 238.0% YoY), while the FY2025 annual figure was 61.9%, down 124.0% from the prior year.
- Gross Margin came in at 59.66% for Q2 2026 at Graham Holdings, down from 62.6% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.67% in Q2 2023 to a low of 29.18% in Q4 2023.
- Average Gross Margin over 5 years is 51.98%, with a median of 60.95% recorded in 2024.
- Year-over-year, Gross Margin surged 6336 bps in 2023 and tumbled 3343 bps in 2024.
- Over 5 years, Gross Margin stood at 32.74% in 2022, then retreated by 11 bps to 29.18% in 2023, then surged by 116 bps to 63.16% in 2024, then slipped by 6 bps to 59.36% in 2025, then grew by 1 bps to 59.66% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 59.66% in Q2 2026, 62.6% in Q1 2026, and 59.36% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 24.79% |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 0.00% |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 56.77% |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 39.46% |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 24.25% |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 34.16% |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 57.78% |
| 10 | Onespaworld Holdings | 2.26 Bn | 2.22 Bn | 84.35 Mn | 32.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.66% |
| Mar 31, 2026 | 62.60% |
| Dec 31, 2025 | 59.36% |
| Sep 30, 2025 | 62.52% |
| Jun 30, 2025 | 62.98% |
| Mar 31, 2025 | 62.84% |
| Dec 31, 2024 | 63.16% |
| Sep 30, 2024 | 64.62% |
| Jun 30, 2024 | 62.24% |
| Mar 31, 2024 | 62.50% |
| Dec 31, 2023 | 29.18% |
| Sep 30, 2023 | 29.68% |
| Jun 30, 2023 | 95.67% |
| Mar 31, 2023 | 29.50% |
| Dec 31, 2022 | 32.74% |
| Sep 30, 2022 | 31.38% |
| Jun 30, 2022 | 32.30% |
| Mar 31, 2022 | 32.71% |
| Dec 31, 2021 | 60.97% |
| Sep 30, 2021 | 62.06% |
API Access
Graham Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();