Graham Holdings Company filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting third-quarter operating revenues of $1,326,037 thousand and net income attributable to common stockholders of $75,110 thousand.

Key Highlights

  • Operating revenues: $1,326,037 thousand for the three months ended September 30, 2026, compared with $1,278,859 thousand for the same period in 2025.
  • Net income attributable to common stockholders: $75,110 thousand for Q3 2026, compared with $122,925 thousand for Q3 2025.
  • Diluted net income per share: $17.60 for the three months ended September 30, 2026, versus $27.91 for the same period in 2025.
  • Nine-month operating revenues: $3,864,535 thousand for the nine months ended September 30, 2026, compared with $3,660,546 thousand for the nine months ended September 30, 2025.
  • Nine-month net income attributable to common stockholders: $385,319 thousand, versus $183,568 thousand for the prior-year period.
  • Shares outstanding at October 23, 2026: 964,001 Class A Common Stock shares and 3,204,785 Class B Common Stock shares.
  • Total assets: $8,289,999 thousand as of September 30, 2026, compared with $8,395,713 thousand as of December 31, 2025.

Graham Holdings Q3 2026 Financial Results and Balance Sheet Overview

According to the filing, Graham Holdings Company (NYSE:GHC) reported total operating revenues of $1,326,037 thousand for the three months ended September 30, 2026, an increase from $1,278,859 thousand in the year-ago quarter. Sales of services were $659,733 thousand and sales of goods were $666,304 thousand for the quarter. Income from operations reached $85,521 thousand, up from $67,136 thousand in Q3 2025. The provision for income taxes was $21,900 thousand for the quarter, resulting in net income of $77,243 thousand, of which $75,110 thousand was attributable to Graham Holdings Company common stockholders.

For the nine months ended September 30, 2026, the company disclosed operating revenues of $3,864,535 thousand, compared with $3,660,546 thousand for the same period in 2025. Income from operations was $226,988 thousand for the nine-month period. Non-operating pension and postretirement benefit income, net, was $248,323 thousand for the nine months ended September 30, 2026, compared with $94,266 thousand for the prior-year period. The filing reported a goodwill and other long-lived asset impairment charge of $19,029 thousand for the nine months ended September 30, 2026, compared with $2,235 thousand for the same period in 2025.

The condensed consolidated balance sheet as of September 30, 2026, showed total assets of $8,289,999 thousand, with prepaid pension cost of $2,789,352 thousand and goodwill, net, of $1,551,393 thousand. Total liabilities were $3,452,342 thousand. Cash and cash equivalents stood at $154,326 thousand, down from $266,988 thousand at December 31, 2025. The filing also noted current and noncurrent assets and liabilities held for sale, reflecting business activity during the period.

What Was Disclosed

Graham Holdings Company disclosed its unaudited condensed consolidated financial statements for Q3 2026, covering operating results, comprehensive income, balance sheet positions, and share counts, as part of its quarterly report for the period ended September 30, 2026.