Filing Flows › Graham Holdings (GHC) › Q3 2026 › vs Q2 2026
Graham Holdings (GHC) Q3 2026 vs Q2 2026 (quarter over quarter)
Graham Holdings's revenue rose $23.5M (+2%) from $1.3B in Q2 2026 to $1.3B in Q3 2026. The biggest changes: Goods +$28.4M (+4%); Services −$4.8M (-0.7%). Operating margin 6.4% against 6.4% (+0.0 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.4% | 6.4% | +0.0 pts |
| Net margin | 5.7% | 21.6% | -15.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Goods | $666M | $638M | $28.4M | +4% |
| Services | $660M | $665M | −$4.8M | -0.7% |
| Revenue | $1.3B | $1.3B | $23.5M | +2% |
| Other income, net | $13.6M | $234M | −$220M | -94% |
| Operating profit | $85.5M | $83.6M | $1.9M | +2% |
| Costs & expenses | $1.2B | $1.2B | $21.6M | +2% |
| Pre-tax earnings | $99.1M | $317M | −$218M | -69% |
| Net earnings | $75.1M | $281M | −$206M | -73% |
| Minority interests | $2.1M | $1.3M | $860K | +68% |
| Income tax | $21.9M | $35.1M | −$13.2M | -38% |
| Depreciation & amortization | $23.9M | $24.3M | −$365K | -2% |
| Share-based compensation | $1.4M | $0 | $1.4M | — |
Questions
How much did Graham Holdings's revenue grow quarter over quarter in Q3 2026?
Graham Holdings's revenue rose $23.5M (+2%) from $1.3B in Q2 2026 to $1.3B in Q3 2026.
What drove Graham Holdings's revenue change in Q3 2026?
Goods +$28.4M (+4%); Services −$4.8M (-0.7%).