Graham Holdings (GHC) Net Margin (2009 - 2026)

Graham Holdings' (GHC) quarterly Net Margin came in at 2.49% in Q1 2026, up 28.0% year-on-year from 1.94% in Q1 2025, and down 71.93% quarter-over-quarter from 8.86% in Q4 2025.

Graham Holdings (GHC) Net Margin (2009 - 2026) Analysis & Trends

Graham Holdings has disclosed Net Margin across 18 years of filings, most recently posting 2.49% for Q1 2026.

  • Net Margin for Q1 2026 came in at 2.49%, up 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.19% (down 699.0% YoY), and the FY2025 annual result was 6.17%, down 912.0% from the prior year.
  • Net Margin came in at 2.49% for Q1 2026 at Graham Holdings, down from 8.86% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 44.28% in Q4 2024 to a low of 7.14% in Q2 2022.
  • The 5-year median for Net Margin is 4.77% (2023), against an average of 6.65%.
  • Across the five-year window, Net Margin jumped 3950 bps in 2024 and slumped 3541 bps in 2025, its largest moves.
  • Graham Holdings' Net Margin stood at 0.62% in 2022, then jumped by 664 bps to 4.77% in 2023, then soared by 828 bps to 44.28% in 2024, then slumped by 80 bps to 8.86% in 2025, then plunged by 72 bps to 2.49% in 2026.
  • The last three Net Margin figures came in at 2.49% (Q1 2026), 8.86% (Q4 2025), and 9.87% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -21.10%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 0.21%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 2.49%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn -3.35%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 14.16%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 24.40%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -10.84%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 0.22%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 24.33%
10 Strategic Education 1.69 Bn 1.53 Bn - 10.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.49%
Dec 31, 2025 8.86%
Sep 30, 2025 9.87%
Jun 30, 2025 3.32%
Mar 31, 2025 2.21%
Dec 31, 2024 44.28%
Sep 30, 2024 6.17%
Jun 30, 2024 -1.59%
Mar 31, 2024 10.87%
Dec 31, 2023 4.77%
Sep 30, 2023 -1.90%
Jun 30, 2023 11.24%
Mar 31, 2023 5.14%
Dec 31, 2022 0.62%
Sep 30, 2022 3.34%
Jun 30, 2022 -7.14%
Mar 31, 2022 10.56%
Dec 31, 2021 9.86%
Sep 30, 2021 4.90%
Jun 30, 2021 14.47%