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Granite Construction GVA Construction — Revenue

Other segment segments

Construction
$766.05M+24.6%
Materials
$146.41M+72.4%

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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$5.4B+32.2%
Enterprise value$6.53B+41.8%
P/E29.2×+3.4×
P/S1.2×+0.2×

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:RevenueFromContractWithCustomerIncludingAssessedTax.

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,ConstructionMaterialsTotal
2026
Total revenue from reportable segments$766,054$197,491$963,545
Elimination of intersegment revenue(51,080)(51,080)
Revenue766,054146,411912,465
Cost of revenue663,874138,686802,560
Gross profit102,1807,725109,905
Selling, general and administrative expenses72,17611,91484,090
(Gain) loss on sales of property and equipment, net(4,241)1,292(2,949)

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's construction — revenue?
Granite Construction (GVA) reported construction — revenue of $766.05M in Q1 2026.
How has Granite Construction's construction — revenue changed year-over-year?
Granite Construction's construction — revenue increased by 24.6% year-over-year, from $614.62M to $766.05M.
What is the long-term trend for Granite Construction's construction — revenue?
Over 4 years (2021 to 2025), Granite Construction's construction — revenue has grown at a 6.4% compound annual growth rate (CAGR), from $2.85B to $3.65B.
What does construction — revenue mean?
This metric represents the total gross inflows of economic benefits generated from the execution of heavy civil infrastructure and site development projects. It reflects the scale of operations within the primary construction business segment, capturing revenue recognized from public and private infrastructure contracts. This figure serves as a key indicator of market demand and the company's ability to secure and deliver large-scale construction work.

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