Graham Holdings Company reports news about a diversified holding company with businesses in education, television broadcasting, healthcare, manufacturing, automotive dealerships and other operations. Recurring updates include consolidated and division operating results, regular dividend declarations, annual-meeting materials and portfolio actions involving Kaplan businesses.
Kaplan-related announcements cover education programs and partnerships across areas such as financial planning certificates, professional licensure exam preparation and other academic or career-focused services. Company updates also describe how segment performance changes across education, broadcasting, healthcare, manufacturing, automotive and other businesses affect reported revenue, operating income and cash-flow measures.
Kaplan has introduced a personalized preparation platform for medical students taking the United States Medical Licensing Examination, or USMLE. Available directly to students and through medical-school partnerships, it builds study plans around target exam dates and available study hours.
The platform offers FlexTrack, a self-paced option, and Live Online, instructor-led classes that include FlexTrack access. Eligible students who do not pass after taking Kaplan’s Step 1 or Step 2 Clinical Knowledge Live Online courses can choose a full tuition refund or three additional months of course access at no cost. An institutional platform combines exam preparation with faculty-directed coursework and performance tracking.
Graham Holdings (NYSE: GHC) reported third-quarter 2026 revenue of $1,326.0 million, with operating income rising but net income declining. Revenue increased 4% year over year, and operating income rose to $85.5 million from $67.1 million. Net income attributable to common shares fell to $75.1 million, or $17.60 per diluted share, from $122.9 million, or $27.91 per share. Marketable equity securities generated $15.0 million in net losses versus $84.8 million in gains.
For the first nine months, revenue rose 6% to $3,864.5 million and net income attributable to common shares increased to $385.3 million from $183.6 million. Education revenue and operating income declined in both periods, while other business divisions improved. Kaplan completed the $127.5 million sale of Dublin Business School to China Chunlai Education Group on October 27, 2026. Nine-month Class B share repurchases totaled $198.6 million.
Kaplan released a survey showing that 94 percent of medical schools polled expect admissions competition to remain steady or increase. For the 2026–2027 cycle, 6 percent expect much greater competition, 44 percent somewhat greater competition and 44 percent about the same as 2025–2026.
A low MCAT score was the biggest application deal breaker for 44 percent of admissions officers, while 98 percent considered the score important. Non-academic red flags included disrespectful communication and apparent application inconsistencies. The survey polled admissions officers at 56 accredited medical schools between July and September 2026; responses varied slightly by question.
Graham Holdings (NYSE: GHC) subsidiary Kaplan has completed the sale of Dublin Business School to China Chunlai Education Group.
The acquisition is valued at US$127,500,000. China Chunlai filed its completion announcement with Hong Kong Exchanges and Clearing. Dublin Business School is an independent higher-education institution in Ireland, serving approximately 9,000 students every year through full-time and part-time programmes.
Kaplan (GHC) has been named a 2026 Inc. Power Partner Awards winner, marking its third consecutive year receiving the recognition. The awards recognize business-to-business companies for helping entrepreneurs and businesses operate and grow.
Kaplan’s partnerships include its All Access License, which lets participating colleges and universities provide students with test preparation at no out-of-pocket cost to students. Its employer offerings include education benefits, career coaching and college advising.
Kaplan (GHC) won Tech & Learning’s 2026 Awards of Excellence: Back to School in Higher Education for the second consecutive year.
The All Access License lets colleges and universities provide students with test preparation and skills-development courses at zero out-of-pocket cost to students. Since its 2022 launch, tens of thousands of students have collectively saved more than $85 million in out-of-pocket program costs. Institutional partners include Cleveland State University and Howard University. The Illinois Student Assistance Commission contracted Kaplan to provide free test preparation to students enrolled in Illinois’ 12 public universities, with select community colleges also participating.
Kaplan (GHC) released a survey showing admissions officers expect continued competition for college places despite concerns about a shrinking college-age population. 90 percent expect the 2026–2027 admissions cycle to be at least as competitive as 2025–2026. Meanwhile, 81 percent are concerned about the enrollment cliff’s impact on higher education overall, and 56 percent are concerned about its impact on their own institution.
Kaplan (GHC) ranked No. 1 in the Large category on Fortune and Great Place To Work’s 2026 Best Workplaces in Education & Training list.
This is Kaplan’s first appearance on the list. The company has also been certified by Great Place To Work for three consecutive years, including 2026.
Code3, fully owned by Graham Holdings Company (GHC), won four 2026 agency awards across Amazon Ads and Meta. Code3 and Gigi earned the global Amazon Ads Partner Award for Programmatic Optimization for their work with Nordic Naturals. Code3 also won all three Meta Agency Award categories for which it was nominated: Creative Excellence Campaign of the Year for Feastables, and Performance Campaign of the Year and Brand Campaign of the Year for Christian Dior Couture.
The awards recognize campaigns spanning commerce, media and creative work. Earlier in 2026, Code3 received Skai's Celeste AI Pioneer (Agency) Award for its application of artificial intelligence to advertising performance. It also earned Bronze in Digital Commerce at The Drum Awards for Marketing for work with Elida Beauty.
Kaplan (GHC) surveyed law school admissions officers and found 91% expect the 2026-2027 application cycle to be at least as competitive as the previous cycle.
Applicants increased 8% in 2025-2026 after an 18% rise the year before. In the survey, 10% of respondents called the U.S. political climate the main factor behind the 2025-2026 increase, while 44% called it a major driver. Admissions officers from 90 of 198 American Bar Association-accredited law schools participated.