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Granite Construction GVA Construction — Gross Profit
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Where this comes from
Reported directly by Granite Construction in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
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
| Three months ended March 31, | Construction | Materials | Total |
|---|---|---|---|
| Elimination of intersegment revenue | — | (51,080) | (51,080) |
| Revenue | 766,054 | 146,411 | 912,465 |
| Cost of revenue | 663,874 | 138,686 | 802,560 |
| Gross profit | 102,180 | 7,725 | 109,905 |
| Selling, general and administrative expenses | 72,176 | 11,914 | 84,090 |
| (Gain) loss on sales of property and equipment, net | (4,241) | 1,292 | (2,949) |
| Operating income (loss) from reportable segments | $34,245 | $(5,481) | $28,764 |
| Depreciation, depletion and amortization | $20,203 | $20,383 | $40,586 |
Item 1. Financial Statements (unaudited)
FAQ
- 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.
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