Welcome to our dedicated page for Granite Constr news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Constr stock.
Granite Construction Inc. reports news on its U.S. civil infrastructure construction business and construction materials operations. Company updates commonly cover quarterly results, Committed and Awarded Projects, project awards for highways, bridges, tactical infrastructure, transit corridors and roadway rehabilitation, and the use of aggregates, asphalt and other materials within its vertically integrated platform.
Granite news also includes capital allocation and corporate development items, including quarterly dividends and completed acquisitions that expand regional construction and materials markets. The company, incorporated since 1922, serves public and private infrastructure customers and reports developments tied to project selection, public-market funding, materials production, and geographic expansion.
Granite (NYSE:GVA) has been awarded the Parks Highway MP 315–325 Reconstruction project by the Alaska Department of Transportation and Public Facilities. The contract is valued at approximately $32 million and represents the second phase of the MP 319–325 CM/GC program begun in 2022.
Work includes about 1.2 million cubic yards of excavation and embankment and 22,000 tons of asphalt. Design and construction planning reduced imported gravel needs from an estimated 50,000 tons to 8,000 tons and maintained traffic flow via a temporary crossing. Construction is expected to start in late Q2 2026 with substantial completion in Q3 2028.
Granite (NYSE:GVA) has been awarded a federally funded, approximately $15 million Glenn Highway pavement preservation contract from the Alaska Department of Transportation and Public Facilities.
The project, included in Granite’s first quarter 2026 CAP, runs from milepost 83 to 92 and is scheduled from May 2026 to July 2027.
Scope includes resurfacing, and replacement of culverts, guardrail, striping, and signage, supported by 27,000 tons of hot mix asphalt from Granite’s Palmer Facility and 2,300 tons of riprap from Lucas Quarry.
Granite (NYSE: GVA) reported Q1 2026 revenue of $912 million, a 30% year-over-year increase, and adjusted EBITDA of $58 million (up 106% YoY). GAAP net loss was $42 million versus $34 million a year earlier. CAP rose to $7.2 billion, and the company closed the acquisition of Kenny Seng Construction on April 23, 2026. Management raised 2026 guidance for revenue and adjusted EBITDA margin and kept capex and tax assumptions unchanged.
Granite (NYSE:GVA) published its 2025 Sustainability Report on April 29, 2026, outlining social, environmental and governance efforts and operational actions tied to business strategy.
Key highlights: Newsweek recognition for 2026, safest year on record, a $16 million companywide energy-efficiency commitment, first climate scenario analysis, and 27 NAPA Diamond Achievement commendations.
Granite (NYSE: GVA) completed the acquisition of Kenny Seng Construction, expanding its vertically-integrated home market platform in Utah.
The deal adds end-to-end construction capabilities, a hard rock quarry, potential sand and gravel pit, ~1,000,000 tons annual production capacity, ~45,000,000 tons of reserves and measured and inferred resources, and ~ $150 million in annual revenue with an expected adjusted EBITDA margin in the high teens.
Granite (NYSE: GVA) will report results for the quarter ended March 31, 2026, before market open on Thursday, April 30, 2026. The company will host an investor conference call at 8:00 a.m. PT the same day with a live audio webcast on its Investor Relations website.
An archive of the webcast will appear about one hour after the call and a replay will be available through May 7, 2026 via the provided dial‑in and replay access code.
Granite (NYSE:GVA) won an approximately $114M contract for Segment 4E North of the Highway 101 Carpinteria to Santa Barbara CM/GC program. The multi-year project adds peak-period carpool lanes, reconstructs the Cabrillo Boulevard interchange, and builds a teardrop roundabout.
Construction is planned to begin in April 2026 and conclude in December 2028. Granite will supply 15,700 tons of hot mix asphalt, ~7,000 cu yd of concrete, and ~30,000 tons of recycled aggregate base from its plants and quarry.
Granite (NYSE:GVA) was awarded the LRT-4 Webb-Zapata project by Customs and Border Protection, a tactical infrastructure contract valued at approximately $495M. The work covers 27 miles near Laredo, Texas and will be included in the company’s first quarter 2026 CAP.
Scope includes mass excavation, roads, fencing, seven bridges, eight major culvert crossings, 68 paved concrete low-water crossings, and roughly 27 miles of electrical, lighting, cameras, and fiberoptics. Work is expected to begin April 2026 and finish July 2027.
Granite (NYSE:GVA) was named a Handshake Early Talent Award recipient for the sixth consecutive year on March 10, 2026, recognizing sustained engagement with students and recent graduates through inclusive hiring and development programs.
The award highlights Granite's continued investment in early-career pathways, hands-on project experience, mentorship, and its positioning as an employer of choice in infrastructure and construction.
Granite (NYSE:GVA) was selected by the Nevada Department of Transportation to provide $19 million in preconstruction services for the I-80 East Widening Project, a 13-mile corridor effort leading to an anticipated $475 million construction phase. Funding includes $275 million from the USDOT INFRA Grant plus state and federal support. Preconstruction begins February 2026; construction is expected to start Q3 2027 and complete by summer 2031. This award is Granite's inaugural Progressive Design-Build role for NDOT and was included in Granite's 2025 year-end CAP.