Granite Construction (GVA) Cost of Revenue (2009 - 2026)
Granite Construction's (GVA) quarterly Cost of Revenue came in at $1.2 billion in 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.
Analysis
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.
- On a quarterly basis, Cost of Revenue rose 31.31% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $4.2 billion, a 21.75% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 8.1% from the prior year.
- Cost of Revenue was $1.2 billion for Q2 2026 at Granite Construction, up from $802.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.2 billion in Q2 2026 and troughed at $527.7 million in Q1 2023.
- A 5-year average of $845.1 million and a median of $833.0 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue declined 11.13% in 2023 and surged 31.31% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $692.4 million in 2022, then climbed by 21.22% to $839.4 million in 2023, then declined by 1.53% to $826.6 million in 2024, then increased by 20.7% to $997.6 million in 2025, then rose by 22.0% to $1.2 billion in 2026.
- The last three Cost of Revenue figures came in at $1.2 billion (Q2 2026), $802.6 million (Q1 2026), and $997.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 4.13 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 3.27 Bn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 878.22 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 3.62 Bn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 1.15 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 4.15 Bn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 309.76 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 518.90 Mn |
| 10 | Granite Construction | 5.20 Bn | 4.34 Bn | 238.77 Mn | 1.22 Bn |
Historic Data
Download Data
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 |