{"schema_version":"secwatch.filing_event.v1","accession":"0000104889-25-000033","form_type":"8-K","ticker":"GHC","cik":"0000104889","company_name":"Graham Holdings Co","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.310297+00:00","generated_at":"2026-05-23T01:53:28.526410+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Graham Holdings Q1 net income $23.9M ($5.45/share) down 81% YoY; adjusted EPS $11.64 vs $11.24","bullets":["Revenue $1.1659B (+1% YoY); operating income $47.5M vs $35.4M.","GAAP net income fell to $23.9M from $124.4M, mainly due to lower securities gains ($43.8M vs $104.2M) and a $66.4M noncontrolling interest adjustment.","Adjusted net income $51M ($11.64/share) vs $50.4M ($11.24/share) — relatively flat.","Agreed to settle $205M of mandatorily redeemable noncontrolling interest at CSI Pharmacy: $186.25M cash plus $18.75M stock.","Debt $864.6M at 6.0% avg rate; cash & investments $1,114.7M; repurchased 3,978 shares for $3.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000104889-25-000033","json":"https://secwatch.observer/filing/0000104889-25-000033.json","markdown":"https://secwatch.observer/filing/0000104889-25-000033.md","text":"https://secwatch.observer/filing/0000104889-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/104889/000010488925000033/0000104889-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/104889/000010488925000033/ghc-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T01:53:28.526410+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}