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Graham Holdings (GHC) Operating Expenses (2016 - 2025)

Graham Holdings' Operating Expenses history spans 17 years, with the latest figure at $1.2 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 2.57% year-over-year to $1.2 billion; the TTM value through Dec 2025 reached $4.7 billion, up 2.21%, while the annual FY2025 figure was $4.7 billion, 2.21% up from the prior year.
  • Operating Expenses for Q4 2025 was $1.2 billion at Graham Holdings, down from $1.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q3 2025 and bottomed at $678.6 million in Q1 2021.
  • The 5-year median for Operating Expenses is $1.1 billion (2024), against an average of $1.0 billion.
  • The largest annual shift saw Operating Expenses decreased 6.29% in 2021 before it surged 33.15% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $840.4 million in 2021, then soared by 33.15% to $1.1 billion in 2022, then rose by 0.63% to $1.1 billion in 2023, then grew by 4.2% to $1.2 billion in 2024, then rose by 2.57% to $1.2 billion in 2025.
  • Per Business Quant, the three most recent readings for GHC's Operating Expenses are $1.2 billion (Q4 2025), $1.2 billion (Q3 2025), and $1.1 billion (Q2 2025).