Granite Construction (GVA) Operating Income (2009 - 2026)
Granite Construction (GVA) posted quarterly Operating Income of $126.8 million for Q2 2026, up 22.44% year-over-year from $103.6 million in Q2 2025, and up 507.31% quarter-over-quarter from -$31.1 million in Q1 2026.
Granite Construction (GVA) Operating Income (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has reported Operating Income for 18 consecutive years, with $126.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income rose 22.44% year-over-year to $126.8 million; the TTM figure through Jun 2026 stood at $314.3 million (up 37.46% YoY), while the FY2025 annual figure was $282.4 million, up 36.21% from the prior year.
- Operating Income climbed to $126.8 million in Q2 2026 per GVA's latest filing, from -$31.1 million in the prior quarter.
- Across five years, Operating Income topped out at $143.7 million in Q3 2025 and bottomed at -$43.3 million in Q1 2024.
- Historically, Operating Income has averaged $41.6 million across 5 years, with a median of $44.9 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Income jumped 544.77% — and 2023, when it plunged 175.31%.
- Granite Construction's Operating Income stood at $8.4 million in 2022, then jumped by 146.36% to $20.6 million in 2023, then soared by 193.43% to $60.5 million in 2024, then rose by 23.85% to $75.0 million in 2025, then surged by 69.12% to $126.8 million in 2026.
- Business Quant data shows GVA's Operating Income at $126.8 million in Q2 2026, -$31.1 million in Q1 2026, and $75.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 557.97 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 547.34 Mn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 226.20 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 137.81 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 175.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | -81.18 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 112.26 Mn |
| 10 | Granite Construction | 5.04 Bn | 4.77 Bn | 238.77 Mn | 126.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 126.81 Mn |
| 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 | 16.64 Mn |
| Sep 30, 2022 | 60.01 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 |