Granite Construction (GVA) Gross Margin (2009 - 2026)

Granite Construction (GVA) has reported Gross Margin for 18 consecutive years, with 16.4% the latest figure, recorded in Q2 2026.

• In Q2 2026, Gross Margin fell 128.0% year-over-year to 16.4%; the TTM figure through Jun 2026 stood at 15.64% (up 3.0% YoY), while the FY2025 annual figure was 16.07%, up 178.0% from the prior year.
• Gross Margin improved to 16.4% in Q2 2026 per GVA's latest filing, from 12.04% in the prior quarter.
• Across five years, Gross Margin topped out at 18.18% in Q3 2025 and bottomed at 5.78% in Q1 2023.
• Historically, Gross Margin has averaged 12.88% across 5 years, with a median of 12.15% in 2022.
• Annual changes were most pronounced in 2023 — Gross Margin tumbled 341 bps — and 2024, when it jumped 532 bps.
• Granite Construction's Gross Margin stood at 12.26% in 2022, then declined by 18 bps to 10.1% in 2023, then jumped by 53 bps to 15.43% in 2024, then slipped by 7 bps to 14.39% in 2025, then advanced by 14 bps to 16.4% in 2026.
• Business Quant data shows GVA's Gross Margin at 16.4% in Q2 2026, 12.04% in Q1 2026, and 14.39% in Q4 2025.