earnings
confidence high
sentiment negative
materiality 0.80
Graham Holdings Q4 net income $108.7M down 80% YoY; adjusted EPS $11.45 vs $22.58
Graham Holdings Co
2025-FY EPS reported
$66.47
revenue$4,911,563,000
- FY 2025 revenue $4.96B (+3.5%); Q4 revenue $1.25B (flat). Operating income $234.9M vs $215.5M.
- FY net income $292.3M ($66.47/sh) vs $724.6M ($163.40/sh) due to prior year pension settlement gain.
- Q4 adjusted EPS (non-GAAP) fell to $11.45 from $22.58; FY adjusted EPS $51.50 vs $63.63.
- Inventory overstatement estimated up to $22M as of Q3 2025, causing delay in 10-K filing; restatement pending.
- Television broadcasting revenue down 32% in Q4 due to lower political ad revenue; issued $500M notes due 2033 refinanced existing debt.