Granite Construction (GVA) Tax Provisions (2009 - 2026)
Granite Construction (GVA) posted quarterly Tax Provisions of $32.2 million for Q2 2026, up 18.5% year-over-year from $27.2 million in Q2 2025, and up 366.09% quarter-over-quarter from -$12.1 million in Q1 2026.
Granite Construction (GVA) Tax Provisions (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has reported Tax Provisions for 18 consecutive years, with $32.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 18.5% year-over-year to $32.2 million; the TTM figure through Jun 2026 stood at $73.1 million (up 21.83% YoY), while the FY2025 annual figure was $68.5 million, up 22.83% from the prior year.
- Tax Provisions advanced to $32.2 million in Q2 2026 per GVA's latest filing, from -$12.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $38.1 million in Q3 2025 and bottomed at -$12.1 million in Q1 2026.
- Historically, Tax Provisions has averaged $10.4 million across 5 years, with a median of $8.8 million in 2022.
- On a YoY basis, Tax Provisions climbed as much as 390.83% in 2023 and fell as far as 249.07% in 2023.
- Granite Construction's Tax Provisions stood at $5.6 million in 2022, then jumped by 46.71% to $8.3 million in 2023, then surged by 130.58% to $19.1 million in 2024, then dropped by 22.09% to $14.9 million in 2025, then soared by 116.57% to $32.2 million in 2026.
- Business Quant data shows GVA's Tax Provisions at $32.2 million in Q2 2026, -$12.1 million in Q1 2026, and $14.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 157.58 Mn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 124.64 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 147.97 Mn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 48.00 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 33.67 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 39.00 Mn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | -45.09 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 51.29 Mn |
| 10 | Granite Construction | 5.43 Bn | 4.57 Bn | 238.77 Mn | 32.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.25 Mn |
| Mar 31, 2026 | -12.12 Mn |
| Dec 31, 2025 | 14.89 Mn |
| Sep 30, 2025 | 38.13 Mn |
| Jun 30, 2025 | 27.21 Mn |
| Mar 31, 2025 | -11.76 Mn |
| Dec 31, 2024 | 19.11 Mn |
| Sep 30, 2024 | 25.47 Mn |
| Jun 30, 2024 | 20.69 Mn |
| Mar 31, 2024 | -9.53 Mn |
| Dec 31, 2023 | 8.29 Mn |
| Sep 30, 2023 | 22.42 Mn |
| Jun 30, 2023 | 9.02 Mn |
| Mar 31, 2023 | -9.47 Mn |
| Dec 31, 2022 | 5.65 Mn |
| Sep 30, 2022 | -7.71 Mn |
| Jun 30, 2022 | 8.67 Mn |
| Mar 31, 2022 | 6.35 Mn |
| Dec 31, 2021 | 17.65 Mn |
| Sep 30, 2021 | 8.90 Mn |