Graham Holdings Company (GHC) Revenue History
Annual and quarterly revenue from 1985 to present
GHC Revenue Over Time (1985–2025)
GHC Revenue Growth History
30 of 39 years with positive growth- FY1985 revenue growth
- N/A
- FY1986 revenue growth
- +12.6%
- FY1988 revenue growth
- +12.6%
- FY1989 revenue growth
- +5.6%
- FY1990 revenue growth
- -0.4%
- FY1991 revenue growth
- -4.1%
- FY1992 revenue growth
- +5.1%
- FY1993 revenue growth
- +3.3%
- FY1994 revenue growth
- +7.7%
- FY1995 revenue growth
- +6.5%
- FY1996 revenue growth
- +7.8%
- FY1997 revenue growth
- +5.6%
- FY1998 revenue growth
- +7.9%
- FY1999 revenue growth
- +5.0%
- FY2000 revenue growth
- +8.8%
- FY2001 revenue growth
- +0.1%
- FY2002 revenue growth
- +7.2%
- FY2003 revenue growth
- +9.9%
- FY2004 revenue growth
- +16.2%
- FY2005 revenue growth
- +7.7%
- FY2006 revenue growth
- +9.9%
- FY2007 revenue growth
- +7.1%
- FY2008 revenue growth
- +6.7%
- FY2009 revenue growth
- -1.7%
- FY2010 revenue growth
- +4.6%
- FY2011 revenue growth
- -23.1%
- FY2012 revenue growth
- -4.4%
- FY2013 revenue growth
- -22.9%
- FY2014 revenue growth
- +5.2%
- FY2015 revenue growth
- -5.5%
- FY2016 revenue growth
- -4.0%
- FY2017 revenue growth
- +4.4%
- FY2018 revenue growth
- +4.0%
- FY2019 revenue growth
- +8.8%
- FY2020 revenue growth
- -1.5%
- FY2021 revenue growth
- +10.3%
- FY2022 revenue growth
- +23.2%
- FY2023 revenue growth
- +12.5%
- FY2024 revenue growth
- +8.5%
- FY2025 revenue growth
- +2.5%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $0 | -100.0% |
| Q4 2025 | $1.25B | +0.4% |
| Q3 2025 | $1.28B | +5.9% |
| Q2 2025 | $1.22B | +2.6% |
| Q1 2025 | $1.17B | +1.1% |
| Q4 2024 | $1.25B | +6.8% |
| Q3 2024 | $1.21B | +8.6% |
| Q2 2024 | $1.19B | +7.3% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
GHC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
GHC Revenue Analysis (1985–2025)
Current Revenue & Growth
As of June 21, 2026, Graham Holdings Company (GHC) generated trailing twelve-month (TTM) revenue of $3.75 billion, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q1 2026) recorded $0 in revenue, down 100.0% sequentially.
Historical Growth Trajectory
GHC's 5-year compound annual growth rate (CAGR) stands at +11.2%, indicating consistent double-digit revenue growth. The 3-year CAGR of +7.8% is below the 5-year average, signalling a growth deceleration in recent years. Graham Holdings Company's highest annual revenue of $4.91 billion was recorded in 2025, an all-time high.
Revenue by Segment
GHC's revenue is primarily driven by Service (54%), and Product (46%). With over half of revenue concentrated in Service, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including NYT (+10.4% YoY), NWS (+4.3% YoY), and SSP (-13.3% YoY) — GHC has underperformed the peer group in revenue growth. Compare GHC vs NYT →
GHC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GHCCurrent | $3.7B | -100.0% | +11.2% | 5.1% | |
 NYT | $2.8B | +10.4% | +9.6% | 16.0% | |
 NWS | $8.5B | +4.3% | -1.3% | 16.7% | |
 SSP | $2.2B | -13.3% | +3.0% | 7.5% | |
 GTN | $3.1B | -14.5% | +5.4% | 12.7% | |
 LAUR | $1.7B | +13.8% | +10.7% | 25.3% |
GHC Historical Revenue Data (1985–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.91B | +2.5% | $1.36B | 27.6% | $251.8M | 5.1% |
| 2024 | $4.79B | +8.5% | $1.47B | 30.6% | $215.5M | 4.5% |
| 2023 | $4.41B | +12.5% | $1.31B | 29.7% | $69.4M | 1.6% |
| 2022 | $3.92B | +23.2% | $1.27B | 32.3% | $83.9M | 2.1% |
| 2021 | $3.19B | +10.3% | $1.07B | 33.6% | $77.4M | 2.4% |
| 2020 | $2.89B | -1.5% | $977.0M | 33.8% | $100.4M | 3.5% |
| 2019 | $2.93B | +8.8% | $983.9M | 33.6% | $144.5M | 4.9% |
| 2018 | $2.70B | +4.0% | $1.11B | 41.1% | $246.2M | 9.1% |
| 2017 | $2.59B | +4.4% | $1.14B | 43.9% | $136.4M | 5.3% |
| 2016 | $2.48B | -4.0% | $1.21B | 48.8% | $222.9M | 9.0% |
| 2015 | $2.59B | -5.5% | $1.38B | 53.4% | $-80,825,000 | -3.1% |
| 2014 | $2.74B | +5.2% | $1.48B | 53.9% | $232.7M | 8.5% |
| 2013 | $2.60B | -22.9% | $1.39B | 53.4% | $149.4M | 5.7% |
| 2012 | $3.37B | -4.4% | $1.84B | 54.5% | $148.6M | 4.4% |
| 2011 | $3.53B | -23.1% | $2.24B | 63.6% | $334.1M | 9.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
41+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GHC — Frequently Asked Questions
Quick answers to the most common questions about buying GHC stock.
Is GHC's revenue growth accelerating or slowing?
GHC revenue is declining -100.0% year-over-year. TTM revenue fell to $3.7B, contrasting with the 5-year CAGR of +11.2%. The reversal reflects either macro headwinds or company-specific challenges.
What is GHC's revenue history from 1985 to 2026?
Graham Holdings Company (GHC) revenue history spans 1985 to 2026. TTM revenue as of 2026 is $3.7B, growing at -100.0% YoY. The 5-year CAGR is +11.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is GHC's long-term revenue growth rate (CAGR)?
Graham Holdings Company's 5-year revenue CAGR of +11.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -100.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for GHC.
Why does GHC's quarterly revenue fluctuate?
GHC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Graham Holdings Company's revenue data from 1985 to 2026 shows full historical quarterly detail on this page.
How is GHC's revenue distributed by segment?
GHC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does GHC's revenue compare to industry peers?
Graham Holdings Company (GHC) with TTM revenue of $3.7B and -100.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.