Short answer
GRANITE CONSTRUCTION INC (GVA) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $912M (up 30.4% year over year) with net income of −$42M.
Q1 2026 key financials · XBRL
- Revenue
- $912M
- +30.4% YoY
- Net income
- −$42M
- −23.9% YoY
- Operating margin
- -3.4%
- Gross margin
- 12.0%
- EPS (diluted)
- −$0.96
- −24.7% YoY
Source: XBRL data from the GRANITE CONSTRUCTION INC (GVA) Q1 2026 10-Q on SEC EDGAR. USD.
GRANITE CONSTRUCTION INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $912.5M, up 30.4% YoY from $699.5M, driven by Construction and Materials acquisitions
- Gross margin 12.0% vs 12.0% YoY; operating loss $31.1M vs $39.8M
- Materials best performer: gross profit $7.7M, 5.3% margin vs $(1.6)M, (1.9)% margin
- Cash and securities $347.5M vs $649.8M; operating cash flow $(30.9)M vs $3.6M
- CAP $7.2B, up 2.9%; 2026 capital expenditures guidance $140.0M–$160.0M amid tariff and Iran-related uncertainty
Risk Factors
- Regulatory disclosure limited to mine-safety information incorporated in Exhibit 95
- Equity repurchases totaled 154,201 shares at $119.96 average price for employee tax withholding
- Repurchase authorization retained $157,621,254 available under the $300.0 million program
- No directors or officers adopted, modified, or terminated Rule 10b5-1 arrangements during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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