Granite Construction (GVA) Cost of Revenue (2009 - 2026)
Granite Construction (GVA) posted quarterly Cost of Revenue of $1.2 billion for Q2 2026, up 31.31% year-over-year from $926.9 million in Q2 2025, and up 51.65% quarter-over-quarter from $802.6 million in Q1 2026.
Granite Construction (GVA) Cost of Revenue (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has reported Cost of Revenue for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 31.31% year-over-year to $1.2 billion; the TTM figure through Jun 2026 stood at $4.2 billion (up 21.75% YoY), while the FY2025 annual figure was $3.7 billion, up 8.1% from the prior year.
- Cost of Revenue rose to $1.2 billion in Q2 2026 per GVA's latest filing, from $802.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.2 billion in Q2 2026 and bottomed at $527.7 million in Q1 2023.
- Historically, Cost of Revenue has averaged $845.1 million across 5 years, with a median of $833.0 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue fell 11.13% — and 2026, when it soared 31.31%.
- Granite Construction's Cost of Revenue stood at $692.4 million in 2022, then increased by 21.22% to $839.4 million in 2023, then retreated by 1.53% to $826.6 million in 2024, then gained by 20.7% to $997.6 million in 2025, then advanced by 22.0% to $1.2 billion in 2026.
- Business Quant data shows GVA's Cost of Revenue at $1.2 billion in Q2 2026, $802.6 million in Q1 2026, and $997.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 2.42 Bn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 4.13 Bn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 3.82 Bn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 631.38 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 1.55 Bn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 2.90 Bn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 719.50 Mn |
| 10 | Granite Construction | 5.04 Bn | 4.77 Bn | 238.77 Mn | 1.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Bn |
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 802.56 Mn |
| Mar 31, 2026 | 802.56 Mn |
| Dec 31, 2025 | 997.65 Mn |
| Dec 31, 2025 | 997.65 Mn |
| Sep 30, 2025 | 1.17 Bn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 926.87 Mn |
| Jun 30, 2025 | 926.87 Mn |
| Mar 31, 2025 | 615.70 Mn |
| Mar 31, 2025 | 615.70 Mn |
| Dec 31, 2024 | 826.55 Mn |
| Dec 31, 2024 | 826.55 Mn |
| Sep 30, 2024 | 1.07 Bn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 917.78 Mn |
| Jun 30, 2024 | 917.78 Mn |
| Mar 31, 2024 | 617.99 Mn |
| Mar 31, 2024 | 617.99 Mn |