Granite Construction Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,637	4,424	4,008	3,509	3,301	3,502
Revenue Growth (YoY)	14.93%	10.40%	14.20%	6.30%	-5.73%	-1.70%
Cost of Revenue	3,900	3,713	3,435	3,113	2,932	3,139
Gross Profit	737.27	711.22	572.7	396.4	369.49	362.65
Selling, General & Admin	432.6	407.56	334.16	294.47	272.61	303.02
Other Operating Expenses	13.61	21.21	31.17	21.87	11.5	34.91
Total Operating Expenses	446.21	428.77	365.33	316.34	284.11	337.93
Operating Income	291.06	282.45	207.36	80.06	85.38	24.72
Interest Income	43.8	41.84	41.33	43.29	20.1	13.76
Interest Expense	-55.8	-47.22	-29.19	-18.46	-12.62	-20.74
Other Non-Operating Income (Expense)	-1.34	-11.77	-31.79	-57.07	1.04	-4.39
Total Non-Operating Income (Expense)	10.66	-6.38	11.17	20.21	-6.44	2.59
Pretax Income	280.4	288.83	196.19	59.85	91.82	22.13
Provision for Income Taxes	68.11	68.48	55.75	30.27	12.96	19.71
Net Income	184.96	193	126.35	43.6	83.3	10.1
Minority Interest in Earnings	-27.33	-27.35	-14.1	14.01	4.45	7.68
Net Income to Common	184.96	193	126.35	43.6	83.3	10.1
Net Income Growth	49.56%	52.76%	189.79%	-47.66%	725.10%	-
Shares Outstanding (Basic)	44	44	44	44	44	46
Shares Outstanding (Diluted)	51	53	53	53	52	48
Shares Change (YoY)	0.93%	1.18%	-0.10%	0.46%	9.93%	4.35%
EPS (Basic)	4.22	4.42	2.88	0.99	1.87	0.22
EPS (Diluted)	3.47	3.86	2.62	0.97	1.70	0.21
EPS Growth	44.58%	47.33%	170.10%	-42.94%	709.52%	-
Shares Outstanding	43.75	43.5	43.42	43.94	43.74	45.84
Free Cash Flow	302.19	330.65	319.94	43.32	-65.97	-72.88
Free Cash Flow Growth	-8.61%	3.35%	638.50%	-	-	-
Free Cash Flow Per Share	5.94	6.22	6.09	0.82	-1.26	-1.53
Dividends Per Share	0.520	0.520	0.520	0.520	0.520	0.520
Gross Margin	15.90%	16.07%	14.29%	11.30%	11.19%	10.36%
Operating Margin	6.28%	6.38%	5.17%	2.28%	2.59%	0.71%
Profit Margin	4.58%	4.98%	3.50%	0.84%	2.39%	0.07%
FCF Margin	6.52%	7.47%	7.98%	1.23%	-2.00%	-2.08%
EBITDA	465.34	444.88	333.69	172.33	167.95	133.77
EBITDA Margin	10.03%	10.06%	8.33%	4.91%	5.09%	3.82%
EBIT	291.06	282.45	207.36	80.06	85.38	24.72
EBIT Margin	6.28%	6.38%	5.17%	2.28%	2.59%	0.71%
Effective Tax Rate	24.29%	23.71%	28.42%	50.57%	14.12%	89.09%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q