# Graham Holdings (GHC) — Earnings

GHC · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/ghc/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2025 |
| Period end | Jun 30, 2025 |
| EPS actual | $8.35 |
| EPS estimate | $10.15 |
| EPS surprise | −17.73% |
| Revenue surprise | +3.44% |
| Revenue | $1.2B |
| Revenue estimate | $1.2B |
| Reported | Jul 30, 2025 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/104889/000010488925000062/ghc-20250630.htm) |

The most recent quarter in the table for Graham Holdings is Q2 2025, reported on July 30, 2025. EPS came in at $8.35, missing the $10.15 estimate by 17.73%. Revenue was $1.2 billion, 3.44% above the $1.2 billion consensus. A year earlier, in Q2 2024, Graham posted a loss of $4.79 per share on revenue of $1.2 billion.

Quarterly EPS swings widely in this record. It ranged from a loss of $13.95 in Q2 2022 to a profit of $125.55 in Q4 2024, and the table also shows losses in Q3 2023 and Q2 2024. Annual EPS was $59.04 in 2021, $13.54 in 2022, $43.47 in 2023 and $164.90 in 2024, with Q4 2024 alone making up most of the last figure. Revenue has been steadier, rising from $712.5 million in Q1 2021 to about $1.2 billion a quarter since 2024. Against estimates, Graham beat 9 times and missed 9 times over 18 quarters with a forecast. Q4 2020 shows no usable estimate.

The table has no results after Q2 2025, although Graham reported Q3 between October 30 and November 3 in each of 2021 through 2024. The next quarter added here will show how results have moved since mid-2025.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2025 | Jul 30, 2025 | $10.15 | $8.35 | -17.73% | $1.2B | $1.2B |
| Q1 2025 | Apr 30, 2025 | $10.80 | $5.45 | -49.54% | $1.2B | $1.2B |
| Q4 2024 | Feb 26, 2025 | $22.12 | $125.55 | 467.59% | $1.3B | $1.2B |
| Q3 2024 | Oct 30, 2024 | $15.31 | $16.42 | 7.25% | $1.2B | $1.2B |
| Q2 2024 | Jul 31, 2024 | $8.74 | −$4.79 | -154.81% | $1.2B | $1.2B |
| Q1 2024 | May 1, 2024 | $8.96 | $27.72 | 209.38% | $1.2B | $1.2B |
| Q4 2023 | Feb 23, 2024 | $12.53 | $11.72 | -6.46% | $1.2B | $1.2B |
| Q3 2023 | Nov 1, 2023 | $7.90 | −$5.02 | -163.54% | $1.1B | $1.1B |
| Q2 2023 | Aug 2, 2023 | $9.76 | $25.89 | 165.27% | $1.0B | $1.1B |
| Q1 2023 | May 3, 2023 | $8.87 | $10.88 | 22.66% | $982.0M | $1.0B |
| Q4 2022 | Feb 24, 2023 | $18.84 | $1.28 | -93.21% | $1.0B | $1.1B |
| Q3 2022 | Nov 2, 2022 | $13.58 | $6.76 | -50.22% | $940.1M | $1.0B |
| Q2 2022 | Aug 3, 2022 | $10.17 | −$13.95 | -237.17% | $934.6M | $933.3M |
| Q1 2022 | May 4, 2022 | $11.73 | $19.45 | 65.81% | $875.7M | $914.7M |
| Q4 2021 | Feb 25, 2022 | $8.23 | $17.10 | 107.78% | $816.7M | $862.9M |
| Q3 2021 | Nov 3, 2021 | $9.15 | $7.90 | -13.66% | $834.8M | $809.4M |
| Q2 2021 | Aug 4, 2021 | $9.92 | $22.99 | 131.75% | $743.1M | $801.2M |
| Q1 2021 | May 5, 2021 | $3.95 | $11.05 | 179.75% | $741.8M | $712.5M |
| Q4 2020 | Feb 24, 2021 | $0.00 | $11.38 | 0.00% | — | $787.0M |

## Frequently Asked Questions

### When did Graham Holdings (GHC) last report earnings?

Graham Holdings last reported on Jul 30, 2025, covering fiscal Q2 2025.

### Did GHC beat earnings estimates?

No. Graham Holdings reported EPS of $8.35 for Q2 2025 against a $10.15 estimate — a 17.73% miss.

### How much revenue did GHC report last quarter?

Graham Holdings reported $1.2B in revenue for Q2 2025, against a consensus estimate of $1.2B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).