{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-046930","form_type":"8-K","ticker":"GHC","cik":"0000104889","company_name":"Graham Holdings Co","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.655459+00:00","generated_at":"2026-05-17T01:33:56.520571+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Graham Holdings Q3 adjusted net income falls to $14.08/sh from $17.25/sh on operating weakness","bullets":["Revenue $1.28B (+6% YoY) driven by education, manufacturing, healthcare; TV broadcasting and automotive declined.","GAAP net income $122.9M ($27.91/sh) up 69% YoY, boosted by $84.8M marketable securities gains.","Adjusted net income $62.0M ($14.08/sh) vs $76.1M ($17.25/sh) in Q3 2024, reflecting operating income drop.","Acquired Arconic Architectural Products (aluminum cladding) on July 15; assumed $107.4M net pension obligations.","Sold World of Good Brands in H1 2025; closed Bethesda Jeep dealership; acquired Honda dealership in Woodbridge, VA."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-046930","json":"https://secwatch.observer/filing/0001628280-25-046930.json","markdown":"https://secwatch.observer/filing/0001628280-25-046930.md","text":"https://secwatch.observer/filing/0001628280-25-046930.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/104889/000162828025046930/0001628280-25-046930-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/104889/000162828025046930/ghc-20251029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:33:56.520571+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"}