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Granite Construction GVA Contracts completed and in progress: — Billed
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Where this comes from
Reported directly by Granite Construction in its filing.
Tagged under the XBRL concept us-gaap:BilledContractReceivables.
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
| (in thousands) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Contracts completed and in progress: | ||
| Billed | $296,246 | $297,157 |
| Unbilled | 186,466 | 174,434 |
| Total contracts completed and in progress | 482,712 | 471,591 |
| Materials sales | 84,531 | 89,945 |
| Other | 70,846 | 70,484 |
| Total gross receivables | 638,089 | 632,020 |
| Less: allowance for credit losses | 1,576 | 1,628 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Granite Construction's contracts completed and in progress: — billed?
- Granite Construction (GVA) reported contracts completed and in progress: — billed of $296.25M in Q1 2026.
- How has Granite Construction's contracts completed and in progress: — billed changed year-over-year?
- Granite Construction's contracts completed and in progress: — billed increased by 39.8% year-over-year, from $211.88M to $296.25M.
- What is the long-term trend for Granite Construction's contracts completed and in progress: — billed?
- Over 4 years (2021 to 2025), Granite Construction's contracts completed and in progress: — billed has grown at a 8.9% compound annual growth rate (CAGR), from $838.73M to $1.18B.
- What does contracts completed and in progress: — billed mean?
- This metric represents the portion of total contract value for construction projects that has been formally invoiced to clients based on work performed to date. It reflects the company's progress in converting project milestones into recognized billings and serves as a primary indicator of near-term cash inflow. Monitoring this balance helps assess the efficiency of the billing cycle and the company's ability to collect on completed project phases.
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