Granite Construction (GVA) Operating Expenses (2009 - 2026)

Granite Construction (GVA) posted quarterly Operating Expenses of $141.0 million for Q1 2026, up 21.6% YoY from $115.9 million in Q1 2025, and up 35.38% sequentially from $104.1 million in Q4 2025.

Granite Construction (GVA) Operating Expenses (2009 - 2026) Analysis & Trends

Granite Construction has disclosed Operating Expenses across 18 years of filings, most recently posting $141.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 21.6% year-over-year to $141.0 million; the TTM figure through Mar 2026 stood at $432.6 million (up 19.48% YoY), while the FY2025 annual figure was $407.6 million, up 21.97% from the prior year.
  • Operating Expenses improved to $141.0 million in Q1 2026, from $104.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for GVA reached as high as $141.0 million in Q1 2026 and fell as low as $60.1 million in Q2 2022.
  • The 5-year median for Operating Expenses is $82.0 million (2023), against an average of $85.3 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses retreated 20.37% — and 2025, when it surged 31.73%.
  • A 5-year view of Operating Expenses shows it stood at $80.6 million in 2022, then climbed by 1.75% to $82.0 million in 2023, then gained by 3.02% to $84.5 million in 2024, then climbed by 23.26% to $104.1 million in 2025, then soared by 35.38% to $141.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $141.0 million, $104.1 million, and $101.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 666.00 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 620.73 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 297.49 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 49.26 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 517.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 876.07 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 142.57 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 57.87 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 53.05 Mn
10 Granite Construction 6.53 Bn 6.27 Bn 109.91 Mn 140.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 140.95 Mn
Dec 31, 2025 104.12 Mn
Sep 30, 2025 101.65 Mn
Jun 30, 2025 85.89 Mn
Mar 31, 2025 115.91 Mn
Dec 31, 2024 84.47 Mn
Sep 30, 2024 91.65 Mn
Jun 30, 2024 70.05 Mn
Mar 31, 2024 87.99 Mn
Dec 31, 2023 81.99 Mn
Sep 30, 2023 74.79 Mn
Jun 30, 2023 64.56 Mn
Mar 31, 2023 73.12 Mn
Dec 31, 2022 80.57 Mn
Sep 30, 2022 61.80 Mn
Jun 30, 2022 60.12 Mn
Mar 31, 2022 70.12 Mn
Dec 31, 2021 75.62 Mn
Sep 30, 2021 77.60 Mn
Jun 30, 2021 58.63 Mn