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

Granite Construction (GVA) posted quarterly Operating Income of -$31.1 million for Q1 2026, up 21.68% YoY from -$25.6 million in Q1 2025, and down 141.52% sequentially from $75.0 million in Q4 2025.

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

Granite Construction has disclosed Operating Income across 18 years of filings, most recently posting -$31.1 million for Q1 2026.

  • In Q1 2026, Operating Income rose 21.68% year-over-year to -$31.1 million; the TTM figure through Mar 2026 stood at $291.1 million (up 38.0% YoY), while the FY2025 annual figure was $282.4 million, up 36.21% from the prior year.
  • Operating Income eased to -$31.1 million in Q1 2026, from $75.0 million in the prior quarter.
  • Over the last five years, Operating Income for GVA reached as high as $143.7 million in Q3 2025 and fell as low as -$43.3 million in Q1 2024.
  • The 5-year median for Operating Income is $29.7 million (2022), against an average of $36.2 million.
  • Annual changes were most pronounced in 2022 — Operating Income jumped 544.77% — and 2023, when it slumped 175.31%.
  • A 5-year view of Operating Income shows it stood at $8.4 million in 2022, then soared by 146.36% to $20.6 million in 2023, then surged by 193.43% to $60.5 million in 2024, then increased by 23.85% to $75.0 million in 2025, then slumped by 141.52% to -$31.1 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$31.1 million, $75.0 million, and $143.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 248.10 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 338.78 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 141.80 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 137.81 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 103.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -81.18 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 112.26 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 247.76 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 77.68 Mn
10 Granite Construction 6.53 Bn 6.27 Bn 109.91 Mn -31.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -31.13 Mn
Dec 31, 2025 74.98 Mn
Sep 30, 2025 143.65 Mn
Jun 30, 2025 103.57 Mn
Mar 31, 2025 -39.75 Mn
Dec 31, 2024 60.54 Mn
Sep 30, 2024 104.30 Mn
Jun 30, 2024 85.82 Mn
Mar 31, 2024 -43.30 Mn
Dec 31, 2023 20.63 Mn
Sep 30, 2023 73.82 Mn
Jun 30, 2023 28.86 Mn
Mar 31, 2023 -43.25 Mn
Dec 31, 2022 8.38 Mn
Sep 30, 2022 54.70 Mn
Jun 30, 2022 29.75 Mn
Mar 31, 2022 -15.71 Mn
Dec 31, 2021 -1.88 Mn
Sep 30, 2021 43.73 Mn
Jun 30, 2021 34.79 Mn