Quarterly ResultJul 30, 2026, 08:37 AM
Graham Holdings Q2 Net Income $281.1M; EPS $64.86; Revenue +7%
AI Summary
Graham Holdings Company reported strong second-quarter 2026 results with net income attributable to common shares soaring to $281.1 million, or $64.86 per diluted share, on a 7% increase in revenue to $1.30 billion. The company also recorded a significant pre-tax noncash settlement gain of $137.0 million from a pension plan annuity purchase and repurchased $122.0 million of its common stock. These results were partially offset by a $5.2 million loss on the sale of Kaplan Languages Group and a $19.2 million accrual for non-U.S. global minimum corporate income tax.
Key Highlights
- Q2 2026 Net Income attributable to common shares was $281.1 million ($64.86 per diluted share).
- Q2 2026 Revenue increased 7% to $1.30 billion from $1.22 billion in Q2 2025.
- Recorded a $137.0 million pre-tax noncash settlement gain from a pension plan annuity purchase.
- Repurchased 110,471 shares of Class B common stock for $122.0 million YTD 2026.
- Operating income for Q2 2026 rose 15% to $83.6 million.
- Education segment operating income increased 9% to $50.3 million in Q2 2026.
- Television broadcasting operating income grew 9% to $30.5 million in Q2 2026.
- Cash, marketable equity securities, and other investments totaled $1.30 billion.
Price Impact
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