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Granite Construction GVA Stock-Based Comp

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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:ShareBasedCompensation.

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 31,20262025
Amortization related to long-term debt2,3051,081
Convertible debt inducement expense and related charges9,704
Gain on sales of property and equipment, net(2,949)(1,737)
Stock-based compensation41,18632,217
Equity in net income from unconsolidated construction joint ventures(1,387)(1,246)
Net income from affiliates(3,473)(1,094)
Other non-cash adjustments(447)164
Changes in assets and liabilities:

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's stock-based comp?
Granite Construction (GVA) reported stock-based comp of $41.19M in Q1 2026.
How has Granite Construction's stock-based comp changed year-over-year?
Granite Construction's stock-based comp increased by 27.8% year-over-year, from $32.22M to $41.19M.
What is the long-term trend for Granite Construction's stock-based comp?
Over 4 years (2021 to 2025), Granite Construction's stock-based comp has grown at a 57.2% compound annual growth rate (CAGR), from $6.41M to $39.15M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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