---
title: "GRANITE CONSTRUCTION INC 2Q 2026: Revenue $1.46B, Net income ($278.16M), EPS ($6.36) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294417255.md"
description: "Granite Construction Inc reported Q2 2026 results with revenue rising 29.3% to $1.46B, driven by acquisitions and strong public work demand. However, the company posted a net loss of $278.16M and diluted EPS of ($6.36), a significant decline from the prior year's net income of $71.7M. The project backlog stands at $7.4B."
datetime: "2026-07-30T21:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294417255.md)
  - [en](https://longbridge.com/en/news/294417255.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294417255.md)
generator: "portal-rs"
---

# GRANITE CONSTRUCTION INC 2Q 2026: Revenue $1.46B, Net income ($278.16M), EPS ($6.36) — 10-Q Summary

Granite Construction Inc reported second-quarter 2026 results with revenue rising to $1.46B, while the company recorded a net loss of $278.16M and diluted EPS of ($6.36) versus a year-ago net income of $71.7M and EPS of $1.42.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$1.46B

$1.13B

29.3%

Net income²

($278.16M)

$71.7M

(488%)

Diluted EPS³

($6.36)

$1.42

(547.9%)

*¹ Reported as “Revenue”. ² Reported as “Net income (loss) attributable to Granite Construction Incorporated”. ³ Reported as “Net income (loss) per share attributable to common shareholders (see Note 16)”.*

**Business Highlights**

-   Revenue growth of ~29% was driven by higher construction and materials sales, including contributions from recent acquisitions.
-   Public work strengthened, with construction public work representing the majority of activity and a current available project backlog (CAP) of $7.4B including new highway, bridge, data center, dam and airport awards.
-   Strategic acquisitions (Warren Paving, Papich, Cinderlite, Kenny Seng) expanded capabilities and materially contributed to first-half results.
-   Operational execution improved construction gross profit; materials results were affected by weather and quarry development but benefited from acquired businesses.

Original SEC Filing: GRANITE CONSTRUCTION INC \[ GVA \] - 10-Q - Jul. 30, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**