Granite Construction (GVA) Cost of Revenue (2009 - 2026)
Granite Construction's Cost of Revenue came in at $1.22 billion for Q2 2026, up 31.3% from $926.87 million a year earlier and up 51.7% from the prior quarter.
Granite Construction (GVA) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Granite Construction reported Cost of Revenue of $4.19 billion, up 21.8% year-over-year; for FY2025, it came in at $3.71 billion, up 8.1% from FY2024.
- Cost of Revenue has increased in each of the last three years, with a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $3.43 billion in FY2024 (+10.3%), $3.11 billion in FY2023 (+6.2%), $2.93 billion in FY2022 (-6.6%) and $3.14 billion in FY2021 (-2.4%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q2 2009.
- Year-over-year, Cost of Revenue has increased for five consecutive quarters, with growth averaging 13.0% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q2 2026 (growth of 31.3%), and the weakest in Q4 2021 (a decline of 11.4%).
- Business Quant data shows GVA's Cost of Revenue at $802.56 million (Q1 2026), $997.65 million (Q4 2025) and $1.17 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 105.43 Bn | 103.51 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Ferrovial | 36.40 Bn | 14.95 Bn | - | - |
| 3 | Emcor | 34.82 Bn | 31.21 Bn | 1.02 Bn | 4.13 Bn |
| 4 | Mastec | 17.48 Bn | 16.26 Bn | 556.28 Mn | 3.82 Bn |
| 5 | Sterling Infrastructure | 16.43 Bn | 14.76 Bn | 289.96 Mn | 878.22 Mn |
| 6 | Jacobs Solutions | 16.05 Bn | 10.72 Bn | 810.70 Mn | 3.27 Bn |
| 7 | IES Holdings | 12.34 Bn | 11.20 Bn | 340.66 Mn | 902.04 Mn |
| 8 | Dycom Industries | 8.18 Bn | 7.31 Bn | - | - |
| 9 | Stantec | 7.61 Bn | 7.61 Bn | - | - |
| 10 | Granite Construction | 5.03 Bn | 2.66 Bn | 238.77 Mn | 1.22 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 802.56 Mn |
| Dec 31, 2025 | 997.65 Mn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 926.87 Mn |
| Mar 31, 2025 | 615.70 Mn |
| Dec 31, 2024 | 826.55 Mn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 917.78 Mn |
| Mar 31, 2024 | 617.99 Mn |
| Dec 31, 2023 | 839.39 Mn |
| Sep 30, 2023 | 950.18 Mn |
| Jun 30, 2023 | 795.47 Mn |
| Mar 31, 2023 | 527.71 Mn |
| Dec 31, 2022 | 692.43 Mn |
| Sep 30, 2022 | 893.86 Mn |
| Jun 30, 2022 | 751.68 Mn |
| Mar 31, 2022 | 593.79 Mn |
| Dec 31, 2021 | 743.21 Mn |
| Sep 30, 2021 | 942.19 Mn |
Granite Construction Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();