---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-050829"
form_type: "8-K"
ticker: "GHC"
cik: "0000104889"
company_name: "Graham Holdings Co"
filed_at: "2026-07-30T12:31:26+00:00"
generated_at: "2026-07-30T12:35:13.805345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Graham Holdings Q2 net income $281.1M ($64.86/sh) vs $36.7M; adjusted EPS $19.46 vs $14.33

## Summary
- Revenue $1,302.5M, up 7% YoY; operating income $83.6M vs $72.8M.
- Adjusted operating cash flow $119.8M vs $111.3M; capex $19.8M flat.
- Recorded $137M pre-tax noncash pension settlement gain from annuity purchase for $113.9M covering 1,080 retirees.
- Sold Kaplan Languages Group on May 1, 2026; $5.2M loss; $69.6M U.S. tax benefit from restructuring.
- Repurchased 110,471 shares for $122M in H1; remaining authorization 352,011 shares.

## SEC filing metadata
- accession: 0001628280-26-050829
- form_type: 8-K
- ticker: GHC
- cik: 0000104889
- company_name: Graham Holdings Co
- filed_at: 2026-07-30T12:31:26+00:00
- event_type: earnings
- sentiment: positive
- 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/104889/000162828026050829/0001628280-26-050829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104889/000162828026050829/ghc-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-050829
- JSON: https://secwatch.observer/filing/0001628280-26-050829.json
- Plain text: https://secwatch.observer/filing/0001628280-26-050829.txt

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