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Granite Construction GVA Construction — Operating income (loss)

Other segment segments

Materials
-$5.48M+45.5%

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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:OperatingIncomeLoss.

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 — operating income (loss)?
Granite Construction (GVA) reported construction — operating income (loss) of $34.25M in Q1 2026.
How has Granite Construction's construction — operating income (loss) changed year-over-year?
Granite Construction's construction — operating income (loss) increased by 37.2% year-over-year, from $24.96M to $34.25M.
What is the long-term trend for Granite Construction's construction — operating income (loss)?
Over 3 years (2022 to 2025), Granite Construction's construction — operating income (loss) has grown at a 37.4% compound annual growth rate (CAGR), from $137.55M to $356.74M.
What does construction — operating income (loss) mean?
Represents the profit or loss generated by the construction segment after accounting for both direct costs and segment-specific operating expenses. It is a key measure of the segment's overall operational performance and contribution to the company's bottom line.