Granite Construction Inc (GVA) financials
Granite Construction revenue and earnings by year
Granite Construction's revenue was $4.42 billion in the fiscal year to December 31, 2025, up 10.4% from the year before. Net income was $193 million, 4.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.42 | 4.01 | 3.51 | 3.30 | 3.50 | 3.56 | 2.91 | 3.29 | 2.96 | 2.51 |
| Revenue growth | 10.4% | 14.2% | 6.3% | -5.7% | -1.7% | 22.2% | -11.3% | 11.1% | 17.6% | — |
| Gross profit | 0.71 | 0.57 | 0.40 | 0.37 | 0.36 | 0.34 | 0.19 | 0.33 | 0.28 | 0.30 |
| Gross margin | 16.1% | 14.3% | 11.3% | 11.2% | 10.4% | 9.7% | 6.5% | 10.2% | 9.4% | 12.0% |
| Operating income | 0.28 | 0.21 | 0.08 | 0.09 | 0.02 | -0.16 | -0.04 | 0.01 | 0.06 | 0.09 |
| Operating margin | 6.4% | 5.2% | 2.3% | 2.6% | 0.7% | -4.4% | -1.4% | 0.2% | 2.1% | 3.7% |
| Net income | 0.19 | 0.13 | 0.04 | 0.08 | 0.01 | -0.15 | -0.06 | 0.00 | 0.03 | 0.06 |
| Net margin | 4.4% | 3.2% | 1.2% | 2.5% | 0.3% | -4.1% | -2.1% | 0.0% | 1.2% | 2.3% |
| Diluted EPS | $3.86 | $2.62 | $0.97 | $1.63 | — | -$3.17 | -$1.31 | — | — | $1.40 |
| Free cash flow | 0.36 | 0.33 | 0.08 | -0.04 | 0.02 | 0.19 | 0.04 | -0.01 | 0.09 | -0.00 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GVA in Markets.
See also: GVA valuation and P/E history · GVA returns
No forecast, no recommendation. This page describes Granite Construction Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.