---
schema_version: "secwatch.filing_event.v1"
accession: "0000104889-23-000019"
form_type: "8-K"
ticker: "GHC"
cik: "0000104889"
company_name: "Graham Holdings Co"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:23:49.019042+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Graham Holdings Q4 net income $6.2M; adjusted EPS $18.80; $129M Leaf impairment

## Summary
- Full-year 2022 net income $67.1M ($13.79 per share) vs $352.1M ($70.45) in 2021; adjusted net income $287.2M ($59.03) vs $162.6M ($32.53).
- Q4 2022 net income $6.2M ($1.28 per share) vs $84.7M ($17.10); adjusted Q4 net income $90.5M ($18.80) vs $41.8M ($8.44).
- Revenue for 2022 $3,924.5M, up 23% from $3,186.0M; Q4 revenue $1,064.0M, up 23% from $862.9M.
- Recorded $129M goodwill and intangible impairment at Leaf in Q4; Leaf revenue declined substantially in H2 2022.
- Education operating income up 64% to $82.9M; TV broadcasting operating income up 35% to $201.9M; Healthcare revenue up 46% but operating income down.

## SEC filing metadata
- accession: 0000104889-23-000019
- form_type: 8-K
- ticker: GHC
- cik: 0000104889
- company_name: Graham Holdings Co
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/0000104889-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/ghc-20230224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104889-23-000019
- JSON: https://secwatch.observer/filing/0000104889-23-000019.json
- Plain text: https://secwatch.observer/filing/0000104889-23-000019.txt

## Key facts
- Earnings Releases
  Graham Holdings Co reported the year ended December 31, 2022 results: revenue $3,924.5 million, net income $67.1 million, EPS $13.79 per share.
  - Period: the year ended December 31, 2022
  - Revenue: $3,924.5 million
  - Net income: $67.1 million
  - EPS: $13.79 per share
  - Result: reported results
  source text: the Company’s pension and other postretirement plans ($3.45 per share); $1.5 million of this benefit was recorded in the fourth quarter ($0.30 per share). Revenue for 2022 was $3,924.5 million, up 23% from $3,186.0 million in 2021. Revenues increased at all the Company’s divisions. The Company reported operating income for 2022 of $83.9 million, compared to $77.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/0000104889-23-000019-index.htm
- Earnings Releases
  Graham Holdings Co reported the fourth quarter of 2022 results: revenue $1,064.0 million, net income $6.2 million, EPS $1.28 per share.
  - Period: the fourth quarter of 2022
  - Revenue: $1,064.0 million
  - Net income: $6.2 million
  - EPS: $1.28 per share
  - Result: reported results
  source text: education, television broadcasting, manufacturing and automotive, partially offset by declines at healthcare and other businesses. For the four th quarter of 2022, revenue was $1,064.0 million, up 23% from $862.9 million in 2021. Revenues increased at all the Company’s divisions, except at other businesses. The Company reported an operating loss of $54.9 million in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/104889/000010488923000019/0000104889-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.