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Granite Construction GVA Construction — Gross Profit

Other segment segments

Materials
$7.73M+586%

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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$6.42B+59.2%
Enterprise value$7.55B+69.9%
P/E34.7×+2.1×
P/S1.4×+0.4×

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:GrossProfit.

The official record: Granite Construction’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Granite Construction's construction — gross profit?
Granite Construction (GVA) reported construction — gross profit of $102.18M in Q1 2026.
How has Granite Construction's construction — gross profit changed year-over-year?
Granite Construction's construction — gross profit increased by 19.6% year-over-year, from $85.44M to $102.18M.
What is the long-term trend for Granite Construction's construction — gross profit?
Over 4 years (2021 to 2025), Granite Construction's construction — gross profit has grown at a 20.1% compound annual growth rate (CAGR), from $276.06M to $574.18M.
What does construction — gross profit mean?
Calculated as segment revenue minus the direct costs of revenue, representing the core profitability of construction projects before overhead expenses. It indicates the segment's ability to price projects effectively and manage direct operational costs.