Granite Construction (GVA)
Builds civil infrastructure and supplies aggregates and asphalt through vertically integrated local operations.
$114.33
After hours−0.06 (−0.05%)
At close$114.39(−1.56%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,117 | 934 | 672 | 1,082 | 1,276 | 977 | 700 | 1,126 | 1,433 | 1,165 | 912 | 1,456 |
| Cost of revenue | 950 | 839 | 618 | 918 | 1,073 | 827 | 616 | 927 | 1,173 | 998 | 803 | 1,217 |
| Gross profit | 167 | 94 | 54 | 165 | 203 | 151 | 84 | 199 | 261 | 168 | 110 | 239 |
| 93 | 74 | 98 | 79 | 99 | 95 | 124 | 96 | 117 | 107 | 144 | 113 | |
| 75 | 82 | 88 | 70 | 92 | 84 | 116 | 86 | 102 | 104 | 141 | 108 | |
| Selling & marketing | 1 | −1 | 1 | 0 | 1 | −4 | 30 | 0 | 0 | 0 | 36 | 0 |
| General & administrative | 73 | 83 | 86 | 70 | 91 | 89 | 85 | 86 | 102 | 104 | 105 | 108 |
| Other expenses | 18 | −8 | 10 | 9 | 7 | 10 | 8 | 10 | 15 | 3 | 3 | 5 |
| Operating income | 74 | 21 | −43 | 86 | 104 | 56 | −40 | 104 | 144 | 61 | −34 | 126 |
| 6 | 9 | 4 | −26 | 5 | 10 | 0 | 4 | 4 | 13 | −14 | −365 | |
| Interest income | 4 | 6 | 7 | 4 | 8 | 7 | 6 | 6 | 6 | 9 | 6 | 5 |
| Interest expense | 5 | 7 | 8 | 5 | 8 | 8 | 8 | 8 | 13 | 18 | 16 | 22 |
| Other non-operating income | −11 | −16 | −12 | 21 | −13 | −18 | −7 | −12 | −17 | −31 | −2 | 343 |
| Income before tax | 80 | 30 | −39 | 60 | 109 | 66 | −40 | 108 | 148 | 74 | −49 | −239 |
| Income tax expense | 22 | 8 | −10 | 21 | 25 | 19 | −12 | 27 | 38 | 15 | −12 | 32 |
| Net income from continuing operations | 57 | 22 | −29 | 39 | 84 | 47 | −28 | 80 | 109 | 59 | −36 | −272 |
| Net income | 58 | 26 | −31 | 37 | 79 | 41 | −34 | 72 | 103 | 52 | −42 | −278 |
| EPS, basic | $1.31 | $0.59 | −$0.70 | $0.84 | $1.81 | $0.95 | −$0.77 | $1.64 | $2.36 | $1.19 | −$0.96 | −$6.36 |
| EPS, diluted | $1.13 | $0.49 | −$0.70 | $0.70 | $1.57 | $0.78 | −$0.77 | $1.42 | $1.98 | $0.97 | −$0.96 | −$6.36 |
| Weighted average shares, basic | 44 | 44 | 44 | 44 | 44 | 44 | 43 | 44 | 44 | 44 | 44 | 44 |
| Weighted average shares, diluted | 54 | 54 | 44 | 53 | 52 | 53 | 43 | 53 | 53 | 54 | 44 | 44 |
| EBITDA | 109 | 64 | −2 | 94 | 151 | 108 | −2 | 151 | 209 | 142 | 10 | −171 |
| Depreciation & amortization | 24 | 27 | 29 | 29 | 34 | 34 | 30 | 35 | 48 | 50 | 42 | 47 |
| EBIT | 85 | 37 | −31 | 65 | 117 | 74 | −32 | 115 | 161 | 92 | −32 | −218 |
