GVA at a glance
GRANITE CONSTRUCTION INC (GVA, SEC CIK 861459) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on August 13, 2026 and Form 4 insider filings as recently as August 7, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), GRANITE CONSTRUCTION INC (GVA) reported revenue of $4.4 billion (up 10.4% from FY2024) and net income of $193.0 million. Diluted EPS was $3.86.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding GRANITE CONSTRUCTION INC (GVA) shares worth $4.4 billion in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by HERNANDEZ CARLOS M on August 6, 2026 of 400 shares at $123.99 per share.
- In the last 90 days, GVA insiders reported 1 open-market purchase ($50K) and 0 open-market sales ($0) on Form 4, a net purchase of $50K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $4.4B
- +10.4% vs prior year
- Insiders · 90 days
- 1 buy · 0 sells
- Net +$50K
- 13F holders
- 34 funds
- $4.4B · −1 vs prior quarter
- Latest 8-K
- Aug 13, 2026
- Item 3.02 · Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Heavy civil construction and aggregate materials production
- Emphasis on navigating increasingly stringent environmental, health, and safety regulations impacting operations
- Strategic focus on managing challenges in securing aggregate reserves amid tighter permitting regulations
- Notable regulatory risk related to potential significant remediation or restoration expenditures for contamination
- Risk of material adverse financial impact from more difficult permitting and finite aggregate reserve properties
Risk Factors
- Regulatory risk: timing of long-term federal, state, and local infrastructure funding releases affecting project financing
- Macroeconomic threat: budget deficits and low tax revenues limiting government infrastructure project funding exposure
- Operational risk: fixed-price contracts exposing project cost overruns risk specific to Granite Construction
- Competitive risk: competition from larger firms in public works amid limited government funding reducing awards and margins
- Financial risk: exposure to decreases in residential and commercial construction activity intensifying competition for public sector work
Management Discussion & Analysis
- Operating cash flow $468.9M in 2025, up $12.6M YoY, driven by $93.0M net income increase offset by $57.4M working capital decrease
- Capital expenditures $138.3M in 2025, slightly up from $136.4M in 2024; 2026 guidance $140M-$160M including $50M strategic materials investments
- Financing cash flow $475.7M positive in 2025 vs -$67.1M in 2024, due to $589.9M higher net debt issuance; share repurchase $157.6M authorization remains
- Cash, equivalents and marketable securities $649.8M at 12/31/2025, up from $585.6M in 2024; $600M term loan outstanding, $583.2M revolver availability
- No direct revenue or margin data disclosed; management confident liquidity sufficient for short and long-term needs despite market uncertainties
AI summary of the GVA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $1.456B, up 29.3% YoY from $1.126B
- Total gross margin 16.4% vs 17.7% YoY
- Construction best performer: revenue $1.207B, up 28.8%; margin 16.5% vs 16.4%
- Materials weakest: gross profit $40.1M vs $45.4M; margin 16.1% vs 24.1%
- Cash and securities $931.5M vs $649.8M; $600.0M senior notes issued for convertible-note settlements
Risk Factors
- Convertible-derivative volatility risk: remeasurement losses reached $356.7 million in Q2 and $363.5 million year-to-date
- Financial risk: new $600 million 6.375% senior notes due 2034 issued June 2, 2026
- Equity-market risk: common-stock price fluctuations materially affect derivative liability fair value and operating results
- Compliance risk: mine-safety violations and regulatory matters remain subject to Dodd-Frank Section 1503 disclosure requirements
AI summary of the GVA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 3.02: Unregistered Sales of Equity Securities
- Granite issued 662,383 common shares to settle conversions of $273.7 million principal amount of 3.75% convertible notes
- Debt conversions reduce outstanding 2028 Notes and future interest obligations
Item 8.01: Other Events
- $273.7M 2028 Notes redemption completed August 12, 2026
- $148M received from terminating related capped-call transactions
Item 5.02: Departure/Appointment of Directors or Principal Officers
- George L. Nash Jr. appointed director effective August 5, 2026, serving through the 2028 Annual Meeting
- Independent NYSE-qualified director, strengthening governance oversight
Item 1.01: Entry into a Material Definitive Agreement
- Forward-looking statements concern settlement of Unwind Agreements and intended use of proceeds
- Outcomes remain subject to execution risks and broader business uncertainties
AI summaries of GVA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for GVA
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| NASH GEORGE | A | Aug 6, 2026 | 993 | - |
| HERNANDEZ CARLOS M | Buy | Aug 6, 2026 | 400 | $123.99 |
| Romer John Timothy | Buy | Jun 15, 2026 | 273 | $143.40 |
| Romer John Timothy | Buy | Jun 15, 2026 | 102 | $144.32 |
| Romer John Timothy | Buy | Jun 12, 2026 | 375 | $141.79 |
| Mastin Celeste Beeks | A | Jun 8, 2026 | 1,036 | - |
| Krusi Alan | A | Jun 8, 2026 | 1,036 | - |
| CALDERA LOUIS E | A | Jun 8, 2026 | 1,036 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $4.0B | $4.4B |
| Gross Profit | - | $572.7M | $711.2M |
| Operating Income | - | $207.4M | $282.4M |
| Net Income | - | $126.3M | $193.0M |
| Gross Margin | - | 14.3% | 16.1% |
| Op. Margin | - | 5.2% | 6.4% |
| Net Margin | - | 3.2% | 4.4% |
| Balance Sheet | |||
| Total Assets | $2.8B | $3.0B | $4.0B |
| Equity | $977.3M | $1.0B | $1.2B |
| ROE | - | 12.4% | 16.4% |
| Per Share | |||
| EPS | - | $2.62 | $3.86 |
| Cash Flow | |||
| Operating CF | - | $456.3M | $468.9M |
| CapEx | - | $136.4M | $138.3M |
Source: XBRL data in GRANITE CONSTRUCTION INC (GVA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate GVA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $4.38B |
| Q1 2026 | 35 | $3.20B |
| Q4 2025 | 30 | $2.96B |
| Q3 2025 | 30 | $2.80B |
| Q2 2025 | 31 | $2.27B |
| Q1 2025 | 27 | $1.33B |
| Q4 2024 | 21 | $1.43B |
| Q3 2024 | 18 | $824.4M |
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- Renaissance Technologies LLC−101.1K
Source: 13F-HR filings on SEC EDGAR (aggregated from 226 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
GVA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Aug 13, 2026 | - | Analysis | - |
| 4 | Aug 7, 2026 | - | - | - |
| 8-K | Aug 7, 2026 | - | Analysis | - |
| 4 | Aug 6, 2026 | - | - | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 8-K | Jul 10, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 8-K | Jun 2, 2026 | - | Analysis | |
| 8-K | May 19, 2026 | - | Analysis | |
| 8-K | May 18, 2026 | - | Analysis | |
| 10-Q | Apr 30, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | Apr 30, 2026 | - | - |
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GVA SEC filings: frequently asked questions
Are GVA insiders buying or selling?
In the last 90 days, GRANITE CONSTRUCTION INC (GVA) officers, directors and 10% owners reported 1 open-market purchase worth $49,596 by 1 insider and no open-market sales on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold GVA stock?
As of June 30, 2026, the largest GRANITE CONSTRUCTION INC (GVA) holders among the 13F filers tracked by SignalX were BlackRock ($1.1 billion), FMR LLC (Fidelity) ($902.2 million), Vanguard Portfolio Management LLC ($385.7 million), State Street Corp ($368.1 million), Vanguard Capital Management LLC ($311.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was GVA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), GRANITE CONSTRUCTION INC (GVA) reported revenue of $4.4 billion (up 10.4% from FY2024) and net income of $193.0 million. Diluted EPS was $3.86. The figures come from the XBRL data in the 10-K.
What are the main risks in GVA's latest 10-K?
In the 10-K filed February 13, 2026, GRANITE CONSTRUCTION INC (GVA) flagged: Regulatory risk: timing of long-term federal, state, and local infrastructure funding releases affecting project financing. Macroeconomic threat: budget deficits and low tax revenues limiting government infrastructure project funding exposure. (AI summary of the Risk Factors section.)
What did GVA report in its latest 8-K?
GRANITE CONSTRUCTION INC (GVA) filed an 8-K on August 13, 2026 reporting Item 3.02 (Unregistered Sales of Equity Securities) and Item 8.01 (Other Events). Granite issued 662,383 common shares to settle conversions of $273.7 million principal amount of 3.75% convertible notes.
What are the latest GVA SEC filings?
GRANITE CONSTRUCTION INC (GVA) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on August 13, 2026 and a Form 4 insider filing on August 7, 2026.
What is GVA's SEC CIK number?
GRANITE CONSTRUCTION INC (GVA)'s SEC Central Index Key (CIK) is 861459. EDGAR lists every GVA filing under that number.
Ask anything about GVA
The research agent reads GVA's filings, financials, insider trades and 13F holders, then answers with sources.