Graham Holdings Q2 revenue up 3% to $1.2 billion; net income $36.7 million
Graham Holdings reported second-quarter 2025 revenue of $1.2 billion, up 3% from a year earlier, with operating income of $72.8 million versus $25.9 million. The company swung to net income attributable to common shareholders of $36.7 million ($8.35 per diluted share) from a loss of $21.0 million a year earlier, and its adjusted non-GAAP net income rose to $63.1 million ($14.33 per share).
Key points
- Revenue of $1,215.8 million in Q2 2025, up 3% from $1,185.3 million, with gains at education, healthcare and other businesses
- Operating income of $72.8 million versus $25.9 million in Q2 2024, which included goodwill and asset impairment charges at World of Good Brands
- Net income attributable to common shareholders of $36.7 million ($8.35 per diluted share) versus a net loss of $21.0 million ($4.79 per share) a year earlier
- David Curtis and Justin DeWitte, co-CEOs of Graham Healthcare Group, decided to step down; both will stay through a transition period
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.