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Granite Construction GVA Net gains (losses) on investments

Net gains (losses) on investments at other companies

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Construction PartnersROAD
$0
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Shimmick CorporationSHIM
$1.08M+680%
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Knife RiverKNF
-$760K-9.8%
VAT
InnovateVATE
$0+100%

Other financials

Income statement

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Revenue$912.5M+30.4%
Gross profit$109.9M+31.1%
Operating income-$31.1M+21.7%
Net income-$41.7M-23.9%
EPS (diluted)-$0.96-24.7%

Balance sheet

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Cash & equivalents$265.7M-29.9%
Total debt$1.4B+66.5%
Total equity$1.0B+3.9%
Total assets$3.8B+30.0%

Cash flow

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Operating cash flow-$30.9M-947%
CapEx$26.1M-18.8%
Free cash flow-$57.0M-99.6%

Valuation

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Market cap$5.51B+17.8%
Enterprise value$6.64B+27.7%
P/E29.8×+0.3×
P/S1.2×0.0×

Profitability

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Gross margin15.9%+1.0pp
Operating margin6.3%+1.0pp
Net margin4%+0.9pp
FCF margin6.5%-0.8pp

Returns & leverage

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Return on equity18.3%+5.5pp
Debt / equity1.4×+0.5×
Current ratio1.1×-0.5×

Where this comes from

Reported directly by Granite Construction in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Granite Construction’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:56 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000861459-26-000018
Line itemThree Months Ended March 31, 20262025
Other (income) expense:
Interest income(5,849)(6,268)
Interest expense16,3327,757
Equity in income of affiliates, net(3,473)(1,094)
Other (income) expense, net10,365(63)
Total other expense, net17,375332
Loss before income taxes(48,508)(40,083)
Benefit from income taxes(12,119)(11,756)

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's net gains (losses) on investments?
Granite Construction (GVA) reported net gains (losses) on investments of $3.47M in Q1 2026.
How has Granite Construction's net gains (losses) on investments changed year-over-year?
Granite Construction's net gains (losses) on investments increased by 217.5% year-over-year, from $1.09M to $3.47M.
What is the long-term trend for Granite Construction's net gains (losses) on investments?
Over 4 years (2021 to 2025), Granite Construction's net gains (losses) on investments has grown at a 4.4% compound annual growth rate (CAGR), from $12.59M to $14.96M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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