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Granite Construction GVA Materials — Gross Profit

Other segment segments

Construction
$102.18M+19.6%

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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: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,ConstructionMaterialsTotal
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)
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 materials — gross profit?
Granite Construction (GVA) reported materials — gross profit of $7.73M in Q1 2026.
How has Granite Construction's materials — gross profit changed year-over-year?
Granite Construction's materials — gross profit increased by 586.2% year-over-year, from -$1.59M to $7.73M.
What is the long-term trend for Granite Construction's materials — gross profit?
Over 4 years (2021 to 2025), Granite Construction's materials — gross profit has grown at a 23.8% compound annual growth rate (CAGR), from $58.27M to $137.04M.
What does materials — gross profit mean?
Calculated as total segment revenue minus the direct costs of production and delivery. This metric measures the fundamental profitability of the materials business before accounting for corporate overhead or administrative expenses.

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