Graham Holdings Q2 net income rises to $122.8 million; revenue up 18% to $1,105.0 million
Graham Holdings reported second-quarter 2023 net income attributable to common shares of $122.8 million ($25.89 per share), compared with a net loss of $67.5 million in the second quarter of 2022. Excluding certain items, net income was $61.6 million ($12.97 per share), up from $59.7 million ($12.07 per share) a year earlier. Revenue rose 18% to $1,105.0 million, and operating income increased to $58.1 million from $39.3 million.
Key points
- Revenue for the quarter ended June 30, 2023 was $1,105.0 million, up 18% from $933.3 million
- Operating income was $58.1 million, compared with $39.3 million in the second quarter of 2022
- Net income included $78.6 million in net gains on marketable equity securities, after-tax $57.9 million
- For the first six months of 2023, net income attributable to common shares was $175.1 million ($36.67 per share), versus $28.1 million a year earlier
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 02, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.