The financials
Granite Construction Incorporated by the numbers
Granite Construction Incorporated (GVA) reported revenue of $912M in Q1 2026 (quarter ended March 31, 2026), up 30% from the same quarter a year earlier. That came with a gross margin of 12% and net loss of $42M. For the full year FY2025, revenue was $4.42B (+10% year on year) and net income $193M. Its largest segment in 2026-Q2 was Constructions at $946M, 89% of the disclosed total, just ahead of Materials at 11%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $912M | $700M | +30% |
| Gross profit | $110M | $84M | +31% |
| Operating income | −$31M | −$40M | n/a |
| Net income | −$42M | −$34M | n/a |
| Diluted EPS | −$0.96 | −$0.77 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Constructions | $946M | 89% |
| Materials | $116M | 11% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.06B (+66%)
Materials grew +94% year on yearConstructions +45% year on year
Segment Latestquarter on quarteryear on year
- Constructions$946.2M$946.2MQoQ +73%year on year +45%+73%+45%
- Materials$115.8M$115.8MQoQ +27%year on year +94%+27%+94%
Engineering & Construction
Ranks #14 of 27 by Smart Score