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) 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.
Granite (NYSE:GVA) declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.
Granite (NYSE: GVA) reported record Committed and Awarded Projects (CAP) of $7.0B (up 32% YoY), Q4 revenue of $1.2B (+19% YoY) and fiscal 2025 revenue of $4.4B (+10% YoY). Fiscal net income was $193M (+53% YoY) and adjusted EBITDA was $527M (+31% YoY).
Management highlighted strong materials performance, margin expansion, strategic acquisitions and guidance for 2026 revenue of $4.9–5.1B and adjusted EBITDA margin of 12.0–13.0%.
Granite (NYSE:GVA) won a federal‑funded rehabilitation contract to repair an eight‑mile stretch of U.S. Highway 101 near King City, Monterey County, California, with an estimated project cost of approximately $20 million.
The work—starting late Q1 2026 and completing Q1 2027—will restore pavement, extend service life, upgrade safety devices, repair culverts, improve lighting, and enhance traffic data collection. Granite’s Coalinga asphalt plant will supply about 31,900 tons RHMA and 5,930 tons HMA. The project will be included in Granite’s Q1 CAP and leverages capabilities from the Papich acquisition.
Granite (NYSE: GVA) will release financial results for the quarter and fiscal year ended December 31, 2025 before market open on Thursday, February 12, 2026. The company will host an investor conference call at 8:00 a.m. PT the same day.
Investors may listen via live audio webcast on the Investor Relations website or by phone; an archived webcast and replay will be available through February 19, 2026.
Granite (NYSE:GVA) was selected as lead partner in the Granite-Traylor joint venture to deliver the $157 million 22nd Street Widening and Bridge Replacement Project in Tucson, Arizona. Funding sources include the City of Tucson, the Regional Transportation Authority and a $25 million RAISE grant. The scope rebuilds 22nd Street from Kino Parkway to Tucson Boulevard and replaces a 4-lane bridge over Barraza-Aviation Parkway and the Union Pacific Railroad with a modern 6-lane bridge. Granite says the project is included in its 2025 fourth quarter CAP and that it will supply 10,525 tons of asphalt from its nearby Swan Facility to support local efficiency and sustainability.
Granite (NYSE:GVA) was selected for an approximately $66 million contract from the California Department of Transportation to expand State Route 49 in Nevada County to four lanes with a center turn lane. Funding will come from Federal and State sources and the project will be included in Granite’s 2025 fourth quarter CAP.
Scope highlights include a truck climbing lane, accessibility and drainage improvements, a wildlife crossing box culvert, and Granite supplying 75,000 tons of HMA and RHMA from its Bradshaw Hot Plant to pave the new alignment.
Granite (NYSE:GVA) declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2026 to shareholders of record at the close of business on December 31, 2025.
Granite (NYSE:GVA) was awarded an approximately $24 million contract by the Riverside County Transportation Commission to upgrade the Perris South Metrolink Station and layover facility in Riverside County, California, with funding reflected in Granite’s Q4 capital plan.
Work converts a single-track terminus into a higher-capacity hub by adding a second passenger platform and ~1,100–1,200 feet of new track, extending platforms for eight-car trains, adding pedestrian safety crossings with active gates, and expanding the layover facility with a fourth track and new switches to improve bidirectional peak service and operational flexibility.