# Granite Construction Inc: overview

GVA · NYSE · CIK 861459 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gva.md) · [Financials](/companies/gva/financials.md) · [Filings](/companies/gva/filings.md) · [Insiders](/companies/gva/insiders.md)

Latest reported revenue: [$1.77bn](/filings/0000861459-26-000042.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000861459-26-000042).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [977 d](/filings/0000861459-26-000004.md) | [700](/filings/0000861459-26-000018.md) | [1,126](/filings/0000861459-26-000029.md) | [1,433](/filings/0000861459-26-000042.md) | [1,165 d](/filings/0000861459-26-000004.md) | [912](/filings/0000861459-26-000018.md) | [1,456](/filings/0000861459-26-000029.md) | [1,766](/filings/0000861459-26-000042.md) |
| Gross margin | % | [15.4% d](/filings/0000861459-26-000004.md) | [12.0%](/filings/0000861459-26-000018.md) | [17.7%](/filings/0000861459-26-000029.md) | [18.2%](/filings/0000861459-26-000042.md) | [14.4% d](/filings/0000861459-26-000004.md) | [12.0%](/filings/0000861459-26-000018.md) | [16.4%](/filings/0000861459-26-000029.md) | [19.0%](/filings/0000861459-26-000042.md) |
| Operating margin | % | [6.2% d](/filings/0000861459-26-000004.md) | [(5.7%)](/filings/0000861459-26-000018.md) | [9.2%](/filings/0000861459-26-000029.md) | [10.0%](/filings/0000861459-26-000042.md) | [6.4% d](/filings/0000861459-26-000004.md) | [(3.4%)](/filings/0000861459-26-000018.md) | [8.7%](/filings/0000861459-26-000029.md) | [12.7%](/filings/0000861459-26-000042.md) |
| Net margin | % | [4.2% d](/filings/0000861459-26-000004.md) | [(4.8%)](/filings/0000861459-26-000018.md) | [6.4%](/filings/0000861459-26-000029.md) | [7.2%](/filings/0000861459-26-000042.md) | [4.5% d](/filings/0000861459-26-000004.md) | [(4.6%)](/filings/0000861459-26-000018.md) | [(19.1%)](/filings/0000861459-26-000029.md) | [0.2%](/filings/0000861459-26-000042.md) |
| Diluted EPS | $ per share | not reported | [(0.77)](/filings/0000861459-26-000018.md) | [1.42](/filings/0000861459-26-000029.md) | [1.98](/filings/0000861459-26-000042.md) | not reported | [(0.96)](/filings/0000861459-26-000018.md) | [(6.36)](/filings/0000861459-26-000029.md) | [0.07](/filings/0000861459-26-000042.md) |
| Free cash flow | $m | [145 d](/filings/0000861459-26-000004.md) | [(28.6)](/filings/0000861459-26-000018.md) | [(27.0) d](/filings/0000861459-26-000029.md) | [257 d](/filings/0000861459-26-000042.md) | [129 d](/filings/0000861459-26-000004.md) | [(57.0)](/filings/0000861459-26-000018.md) | [143 d](/filings/0000861459-26-000029.md) | [229 d](/filings/0000861459-26-000042.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,502](/filings/0000861459-24-000006.md) | [3,301](/filings/0000861459-25-000007.md) | [3,509](/filings/0000861459-26-000004.md) | [4,008](/filings/0000861459-26-000004.md) | [4,424](/filings/0000861459-26-000004.md) |
| Gross margin | % | [10.4%](/filings/0000861459-24-000006.md) | [11.2%](/filings/0000861459-25-000007.md) | [11.3%](/filings/0000861459-26-000004.md) | [14.3%](/filings/0000861459-26-000004.md) | [16.1%](/filings/0000861459-26-000004.md) |
| Operating margin | % | [0.7%](/filings/0000861459-24-000006.md) | [2.6%](/filings/0000861459-25-000007.md) | [2.3%](/filings/0000861459-26-000004.md) | [5.2%](/filings/0000861459-26-000004.md) | [6.4%](/filings/0000861459-26-000004.md) |
| Net margin | % | [0.3%](/filings/0000861459-24-000006.md) | [2.5%](/filings/0000861459-25-000007.md) | [1.2%](/filings/0000861459-26-000004.md) | [3.2%](/filings/0000861459-26-000004.md) | [4.4%](/filings/0000861459-26-000004.md) |
| Diluted EPS | $ per share | [0.21](/filings/0000861459-24-000006.md) | [1.70](/filings/0000861459-25-000007.md) | [0.97](/filings/0000861459-26-000004.md) | [2.62](/filings/0000861459-26-000004.md) | [3.86](/filings/0000861459-26-000004.md) |
| Free cash flow | $m | [(72.9)](/filings/0000861459-24-000006.md) | [(66.0)](/filings/0000861459-25-000007.md) | [43.3](/filings/0000861459-26-000004.md) | [320](/filings/0000861459-26-000004.md) | [331](/filings/0000861459-26-000004.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/gva/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.09bn | 6,866,256 |  | Added +312,685 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $902.2m | 5,707,187 |  | Added +1,273,300 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $385.7m | 2,439,945 |  | Added +38,421 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $368.1m | 2,326,402 |  | Added +81,647 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $311.5m | 1,970,342 |  | Added +17,432 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $208.7m | 1,320,136 |  | Reduced −77,437 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $201.2m | 1,272,334 |  | Added +203,902 |
| [FRONTIER CAPITAL MANAGEMENT CO LLC](/funds/351173.md) | 2026-06-30 | $176.9m | 1,118,881 |  | Reduced −68,855 |
| [Hill City Capital, LP](/funds/1837343.md) | 2026-06-30 | $175.5m | 1,110,248 |  | Added +200 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $171.7m | 1,086,252 |  | Reduced −73,138 |

## Recent filings

[All 1,169 filings](/companies/gva/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 17:14 ET | [10-Q](/filings/0000861459-26-000042.md) | Quarterly report, period 2026-09-30 | 0000861459-26-000042 |
| 2026-10-29 | 06:45 ET | [8-K](/filings/0000861459-26-000040.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000861459-26-000040 |
| 2026-08-13 | 16:59 ET | [8-K](/filings/0000861459-26-000036.md) | 3.02 Unregistered sale of equity; 8.01 Other events | 0000861459-26-000036 |
| 2026-08-07 | 06:46 ET | [8-K](/filings/0000861459-26-000034.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000861459-26-000034 |
| 2026-08-04 | 06:45 ET | [8-K](/filings/0000861459-26-000032.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement | 0000861459-26-000032 |
| 2026-07-30 | 17:10 ET | [10-Q](/filings/0000861459-26-000029.md) | Quarterly report, period 2026-06-30 | 0000861459-26-000029 |
| 2026-07-30 | 06:45 ET | [8-K](/filings/0000861459-26-000027.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000861459-26-000027 |
| 2026-07-10 | 16:16 ET | [8-K](/filings/0000861459-26-000025.md) | 7.01 Regulation FD disclosure | 0000861459-26-000025 |
| 2026-06-05 | 17:03 ET | [8-K](/filings/0000861459-26-000020.md) | 5.07 Shareholder vote results | 0000861459-26-000020 |
| 2026-06-02 | 16:17 ET | [8-K](/filings/0001437749-26-019166.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-019166 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000861459-26-000004.md), filed Feb 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, has been scored from the reported figures. [See the target](/leagues/2026q3/targets/63354b2f-4400-4dee-8aa6-3d7bbd2a3d36)

## About the filer

- CIK: 861459
- Tickers: GVA
- Exchange: NYSE
- SIC code: 1600 Heavy Construction Other Than Bldg Const - Contractors
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 10:09 ET. No prices; not investment advice.