Granite Construction GVA
NYSE GVA
$118.88 +3.79 (+3.29%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Granite Construction's (GVA) quarterly Operating Expenses came in at $107.8 million in Q2 2026, up 25.51% year-over-year from $85.9 million in Q2 2025, and down 23.52% quarter-over-quarter from $141.0 million in Q1 2026.

Analysis

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

Granite Construction (GVA) has reported Operating Expenses for 18 consecutive years, with $107.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 25.51% year-over-year to $107.8 million in Q2 2026; TTM through Jun 2026 was $454.5 million, a 20.27% increase from a year earlier, with the FY2025 full-year figure at $407.6 million, up 21.97% from the prior year.
  • Operating Expenses was $107.8 million for Q2 2026 at Granite Construction, down from $141.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $141.0 million in Q1 2026 and troughed at $60.1 million in Q2 2022.
  • A 5-year average of $86.5 million and a median of $83.2 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses fell 20.37% in 2022 and jumped 31.73% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $80.6 million in 2022, then advanced by 1.75% to $82.0 million in 2023, then rose by 3.02% to $84.5 million in 2024, then advanced by 23.26% to $104.1 million in 2025, then climbed by 3.53% to $107.8 million in 2026.
  • The last three Operating Expenses figures came in at $107.8 million (Q2 2026), $141.0 million (Q1 2026), and $104.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ferrovial 40.46 Bn 37.11 Bn - -
2 Emcor 34.53 Bn 33.61 Bn 1.02 Bn 475.04 Mn
3 Jacobs Solutions 16.62 Bn 15.43 Bn 810.70 Mn 524.00 Mn
4 Sterling Infrastructure 15.68 Bn 15.25 Bn 289.96 Mn 65.66 Mn
5 Aecom 8.18 Bn 7.37 Bn -34.04 Mn 46.45 Mn
6 Stantec 7.95 Bn 7.95 Bn 1.36 Bn 963.15 Mn
7 Fluor 7.35 Bn 4.40 Bn 179.00 Mn 41.00 Mn
8 Argan 5.81 Bn 5.26 Bn 74.22 Mn 17.41 Mn
9 Installed Building Products 5.43 Bn 5.03 Bn 258.90 Mn 164.30 Mn
10 Granite Construction 5.20 Bn 4.34 Bn 238.77 Mn 107.79 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 107.79 Mn
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