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Granite Construction GVA Contracts completed and in progress: — Receivables
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Where this comes from
Reported directly by Granite Construction in its filing.
Tagged under the XBRL concept us-gaap:AccountsReceivableGrossCurrent.
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: — receivables?
- Granite Construction (GVA) reported contracts completed and in progress: — receivables of $482.71M in Q1 2026.
- How has Granite Construction's contracts completed and in progress: — receivables changed year-over-year?
- Granite Construction's contracts completed and in progress: — receivables increased by 42.5% year-over-year, from $338.72M to $482.71M.
- What is the long-term trend for Granite Construction's contracts completed and in progress: — receivables?
- Over 4 years (2021 to 2025), Granite Construction's contracts completed and in progress: — receivables has grown at a 6.8% compound annual growth rate (CAGR), from $1.48B to $1.93B.
- What does contracts completed and in progress: — receivables mean?
- This metric represents the outstanding amounts owed by clients for construction services that have been billed but not yet collected. It measures the credit risk associated with the company's client base and the effectiveness of its accounts receivable management processes. Tracking this balance is essential for evaluating the company's working capital health and the speed at which it converts billed project revenue into actual cash.
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