---
schema_version: "secwatch.filing_event.v1"
accession: "0000104889-24-000011"
form_type: "8-K"
ticker: "GHC"
cik: "0000104889"
company_name: "Graham Holdings Co"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T16:35:28.078355+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Graham Holdings Q4 adjusted EPS $10.94 vs $18.80 YoY; full-year revenue up 12%

## Summary
- Q4 revenue $1,166.8M (+10% YoY); GAAP net income $53.3M ($11.72 EPS) vs $6.2M.
- FY 2023 revenue $4,414.9M (+12%); GAAP net income $205.3M ($43.82) vs $67.1M.
- Full-year adjusted net income $200.5M ($42.78) vs $287.2M ($59.03) down 30%.
- Television broadcasting revenue -19% Q4; manufacturing -14%; healthcare +34%.
- Q4 stock buyback of 100,263 shares for $62.1M; 236,403 shares remain authorized.

## SEC filing metadata
- accession: 0000104889-24-000011
- form_type: 8-K
- ticker: GHC
- cik: 0000104889
- company_name: Graham Holdings Co
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104889/000010488924000011/0000104889-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104889/000010488924000011/ghc-20240223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104889-24-000011
- JSON: https://secwatch.observer/filing/0000104889-24-000011.json
- Plain text: https://secwatch.observer/filing/0000104889-24-000011.txt

## Key facts
- Earnings Releases
  Graham Holdings Co reported the fourth quarter of 2023 results: revenue $1,166.8 million, net income $53.3 million ( $11.72 per share), EPS $11.72 per share.
  - Period: the fourth quarter of 2023
  - Revenue: $1,166.8 million
  - Net income: $53.3 million ( $11.72 per share)
  - EPS: $11.72 per share
  - Result: reported results
  source text: television broadcasting, manufacturing and other businesses, partially offset by increases at education, healthcare and automotive. For the four th quarter of 2023, revenue was $1,166.8 million, up 10% from $1,064.0 million in 2022. Revenues increased at education, healthcare and automotive, partially offset by declines at television broadcasting, manufacturing and
  evidence_url: https://www.sec.gov/Archives/edgar/data/104889/000010488924000011/0000104889-24-000011-index.htm
- Earnings Releases
  Graham Holdings Co reported the year ended December 31, 2023 results: revenue $4,414.9 million, net income $205.3 million ( $43.82 per share), EPS $43.82 per share.
  - Period: the year ended December 31, 2023
  - Revenue: $4,414.9 million
  - Net income: $205.3 million ( $43.82 per share)
  - EPS: $43.82 per share
  - Result: reported results
  source text: The Company also filed its Form 10-K today for the year ended December 31, 2023 with the Securities and Exchange Commission. Division Operating Results Revenue for 2023 was $4,414.9 million, up 12% from $3,924.5 million in 2022. Revenues increased at education, healthcare and automotive, partially offset by declines at television broadcasting, manufacturing and
  evidence_url: https://www.sec.gov/Archives/edgar/data/104889/000010488924000011/0000104889-24-000011-index.htm

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