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Graham Holdings vs Stride: GHC and LRN compared
Graham Holdings is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $639M for Stride (Q1 FY27). Graham Holdings is growing faster (+4% against +3% a year earlier). Stride is more profitable, with an operating margin of 13.2% against 6.4%.
Where the money goes: GHC and LRN
Graham Holdings (GHC) · Q3 2026
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.
Stride (LRN) · Q1 FY27
Stride, Q1 FY27: revenue $639M (+3% year over year), operating margin 13.2%, net earnings $64.9M, operating cash flow −$125M. The chart follows the revenue to costs, profit and cash.
| Graham Holdings (GHC) | Stride (LRN) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $1.3B | $639M |
| Revenue growth, Y/Y | +4% | +3% |
| Gross margin | — | 37.7% |
| Operating margin | 6.4% | 13.2% |
| Net earnings | $75.1M | $64.9M |
| Net margin | 5.7% | 10.2% |
| Operating cash flow | $160M | −$125M |
| Free cash flow | $135M | — |
| Market value | $5.1B | $3.4B |
| P/E | 9.5× | 10.4× |
| Analysts’ mean target | $1100.00 | $102.50 |
Where the revenue comes from
Graham Holdings
- Goods: $666M (50%)
- Services: $660M (50%)
Stride
- General Education: $357M (56%)
- Career Learning: $283M (44%)
Questions
Which is bigger, Graham Holdings or Stride?
Graham Holdings is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $639M for Stride (Q1 FY27).
Is Graham Holdings or Stride growing faster?
Graham Holdings is growing faster (+4% against +3% a year earlier).
Which is more profitable, Graham Holdings or Stride?
Stride is more profitable, with an operating margin of 13.2% against 6.4%.
More: Graham Holdings earnings · how Graham Holdings makes money · Stride earnings · how Stride makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Oct 21, 2026). Fiscal quarters can end on different dates. Not investment advice.