Filing Flows › Graham Holdings (GHC) › Operating margin
Graham Holdings (GHC) operating margin by quarter
Graham Holdings' operating margin was 6.4% in Q3 2026 (third quarter 2026), +0.0 pts from Q2 2026. Over the last 7 quarters it ranged from 3.8% (Q4 2025) to 6.4% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 6.4% | +0.0 pts | +1.2 pts |
| Q2 2026 | 6.4% | +2.6 pts | +0.4 pts |
| Q4 2025 | 3.8% | -1.4 pts | -2.0 pts |
| Q3 2025 | 5.2% | -0.7 pts | — |
| Q2 2025 | 6.0% | +1.9 pts | — |
| Q1 2025 | 4.1% | -1.7 pts | — |
| Q4 2024 | 5.8% | — | — |
Q3 2026 at a glance
Graham Holdings, Q3 2026: revenue $1.3B (+4% year over year), operating margin 6.4%, net earnings $75.1M, operating cash flow $160M. The chart follows the revenue to costs, profit and cash.
Questions
What is Graham Holdings' operating margin?
Graham Holdings' operating margin was 6.4% in Q3 2026 (third quarter 2026), +0.0 pts from Q2 2026.
How has Graham Holdings' operating margin changed?
Over the last 7 quarters it ranged from 3.8% (Q4 2025) to 6.4% (Q3 2026).