Skip to content
OpenCapital
Get started

Granite Construction GVA Q4 2025 Annual earnings

Reported February 12, 2026 · Before market open

Revenue$1.2BBeat by $17.7M
EPS$1.23Miss by $0.11
Revenue estimate$1.1B
EPS estimate$1.34

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$1.4B
EPS estimate$2.28

Financials

Q4 2025

Income statement

See full
Revenue$1.2B+19.2%
Gross profit$167.7M+11.3%
Operating income$75.0M+23.8%
Net income$52.0M+25.4%
EPS (diluted)$1.03+24.1%

Balance sheet

See full
Cash & equivalents$529.2M-8.5%
Total debt$1.5B+79.8%
Total equity$1.2B+16.1%
Total assets$4.0B+33.2%

Cash flow

See full
Operating cash flow$179.3M+3.8%
CapEx$50.5M+79.0%
Free cash flow$128.8M-10.9%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$5.04B+31.3%
Enterprise value$6B+46.8%
P/E26.1×-4.3×
P/S1.1×+0.2×

Profitability

See full
Gross margin16.1%+1.8pp
Operating margin6.4%+1.2pp
Net margin4.4%+1.2pp
FCF margin7.5%-0.5pp

Returns & leverage

See full
Return on equity17.6%+4.9pp
Debt / equity1.3×+0.4×
Current ratio1.2×-0.4×

Segments

By segment

See full
Construction$940.3M+14.5%
Constructions$940.3M+14.5%
Materials$225.0M+44.3%

Versus estimates

Revenue

Q1 2026$912.5MBeat by $130.2M
Q4 2025$1.2BBeat by $17.7M
Q3 2025$1.4BBeat by $285.9MQ2 2025$1.1BMiss by $275.7MQ1 2025$699.5MMiss by $467.3MQ4 2024$977.3MBeat by $270.6M

Diluted EPS

Q1 2026-$0.26Beat by $0.51
Q4 2025$1.23Miss by $0.11
Q3 2025$2.70Beat by $0.14Q2 2025$1.93Beat by $0.16Q1 2025$0.01Beat by $0.44Q4 2024$1.23Miss by $0.19

Ask the moment Granite Construction reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Granite Construction report Q4 2025 earnings?
Granite Construction (GVA) reported Q4 2025 earnings on February 12, 2026 before market open.
What were Granite Construction's Q4 2025 revenue and EPS?
Granite Construction reported revenue of $1.2B and eps of $1.23 for Q4 2025.
Did Granite Construction beat estimates in Q4 2025?
Revenue beat the consensus estimate of $1.1B by $17.7M. EPS missed the consensus estimate of $1.34 by $0.11.
How did Granite Construction's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 19.2% from $977.3M a year earlier and eps grew 0.0% from $1.23.
Where can I find Granite Construction's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000861459-26-000002) and the 10-K periodic report (0000861459-26-000004) directly on SEC EDGAR. The filing index links above go to sec.gov.