---
title: "Graham Flat on Financial Numbers"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294383207.md"
description: "Graham Holdings reported Q2 2026 revenue of $1.3 billion, up 7% year-over-year, driven by gains in broadcasting and healthcare despite an education decline. Operating income rose to $83.6 million from $72.8 million. Adjusted operating cash flow increased to $119.8 million. For the first half of 2026, revenue reached $2.54 billion with operating income at $141.5 million. Following the report, GHC shares dropped 58 cents to $1,243.80."
datetime: "2026-07-30T14:36:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294383207.md)
  - [en](https://longbridge.com/en/news/294383207.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294383207.md)
generator: "portal-rs"
---

# Graham Flat on Financial Numbers

Graham Holdings Company (NYSE: GHC) today reported its financial results for the second quarter of 2026.

Revenue for the second quarter of 2026 was $1,302.5 million, up 7% from $1,215.8 million in the second quarter of 2025. Revenues increased at television broadcasting, healthcare, manufacturing, automotive and other businesses, partially offset by a decline at education. 

The Company reported operating income of $83.6 million for the second quarter of 2026, compared to $72.8 million for the second quarter of 2025. The increase in operating results is due to improved results at education, television broadcasting and other businesses, partially offset by declines at healthcare, manufacturing and automotive. 

The Company reported adjusted operating cash flow (non-GAAP) of $119.8 million for the second quarter of 2026, compared to $111.3 million for the second quarter of 2025. 

Adjusted operating cash flow increased at education, television broadcasting, manufacturing and other businesses, partially offset by declines at healthcare and automotive. Capital expenditures totaled $19.8 million for each of the second quarters of 2026 and 2025.

Revenue for the first six months of 2026 was $2,538.5 million, up 7% from $2,381.7 million in the first six months of 2025. Revenues increased at television broadcasting, health-care, manufacturing, automotive and other businesses, partially offset by a slight decline at education. The Company reported operating income of $141.5 million for the first six months of 2026, compared to $120.2 million for the first six months of 2025.

GHC shares let go of 58 cents to $1,243.80

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**