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
DateValue
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