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Granite Construction GVA Other operating expenses

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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:OtherOperatingIncomeExpenseNet.

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
Line itemThree Months Ended March 31, 20262025
Cost of revenue802,560615,698
Gross profit109,90583,849
Selling, general and administrative expenses140,950115,911
Other costs, net3,0379,426
Gain on sales of property and equipment, net(2,949)(1,737)
Operating loss(31,133)(39,751)
Other (income) expense:
Interest income(5,849)(6,268)

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's other operating expenses?
Granite Construction (GVA) reported other operating expenses of -$3.04M in Q1 2026.
How has Granite Construction's other operating expenses changed year-over-year?
Granite Construction's other operating expenses increased by 67.8% year-over-year, from -$9.43M to -$3.04M.
What is the long-term trend for Granite Construction's other operating expenses?
Over 4 years (2021 to 2025), Granite Construction's other operating expenses has grown at a -20.0% compound annual growth rate (CAGR), from -$101.35M to -$41.42M.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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