Graham Holdings (GHC) Operating Expenses (2009 - 2026)

Graham Holdings has disclosed Operating Expenses across 18 years of filings, most recently posting $1.2 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.2 billion, up 5.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.7 billion (up 3.49% YoY), and the FY2025 annual result was $4.7 billion, up 2.21% from the prior year.
• Operating Expenses came in at $1.2 billion for Q1 2026 at Graham Holdings, down from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q3 2025 to a low of $874.8 million in Q1 2022.
• The 5-year median for Operating Expenses is $1.1 billion (2024), against an average of $1.1 billion.
• Across the five-year window, Operating Expenses jumped 33.15% in 2022 and retreated 3.69% in 2024, its largest moves.
• Graham Holdings' Operating Expenses stood at $1.1 billion in 2022, then increased by 0.63% to $1.1 billion in 2023, then climbed by 4.2% to $1.2 billion in 2024, then advanced by 2.57% to $1.2 billion in 2025, then declined by 2.1% to $1.2 billion in 2026.
• The last three Operating Expenses figures came in at $1.2 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.