Welcome to our dedicated page for Granite Constr SEC filings (Ticker: GVA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Granite Construction Inc. filings document formal disclosures for a public infrastructure contractor and construction materials producer. Recent Form 8-K reports furnish operating and financial results, including revenue, earnings measures, adjusted EBITDA, Committed and Awarded Projects, guidance, and completed acquisition activity tied to the company’s vertically integrated regional markets.
The company’s proxy and material-event filings also cover governance and capital-structure subjects, including director elections and appointments, board committee service, director independence, indemnification arrangements, executive and director compensation, shareholder meeting matters, material agreements, and related risk and compliance oversight for its construction and materials operations.
Granite Construction Incorporated is a large, vertically integrated U.S. civil contractor and construction materials producer focused on transportation, water, power and other infrastructure. It operates through Construction and Materials segments with home markets across multiple states and national specialty divisions.
As of December 31, 2025, committed and awarded projects (CAP) totaled $7.0 billion, up from $5.3 billion a year earlier, with about $3.0 billion of unearned revenue expected to be completed during 2026. Roughly 70% of 2025 construction revenue was funded by federal, state and local agencies, underscoring reliance on public infrastructure spending.
The company expanded its vertically integrated footprint in 2025 by acquiring Warren Paving, Papich Construction and Cinderlite$446.6 million, or 10.1% of total revenue. Granite employed about 2,500 salaried and 3,300 hourly workers at year-end and highlights safety, sustainability and talent development as core priorities.
Granite Construction Incorporated is a large, vertically integrated U.S. civil contractor and construction materials producer focused on transportation, water, power and other infrastructure. It operates through Construction and Materials segments with home markets across multiple states and national specialty divisions.
As of December 31, 2025, committed and awarded projects (CAP) totaled $7.0 billion, up from $5.3 billion a year earlier, with about $3.0 billion of unearned revenue expected to be completed during 2026. Roughly 70% of 2025 construction revenue was funded by federal, state and local agencies, underscoring reliance on public infrastructure spending.
The company expanded its vertically integrated footprint in 2025 by acquiring Warren Paving, Papich Construction and Cinderlite$446.6 million, or 10.1% of total revenue. Granite employed about 2,500 salaried and 3,300 hourly workers at year-end and highlights safety, sustainability and talent development as core priorities.
Granite Construction reported strong fourth quarter and fiscal 2025 results, highlighted by record Committed and Awarded Projects (CAP) of $7.0 billion, up 32% year-over-year. This growing backlog reflects robust public infrastructure demand and increased project wins.
Fiscal 2025 revenue rose to $4.4 billion from $4.0 billion, while net income attributable to Granite increased to $193 million from $126 million. Adjusted net income reached $276 million and adjusted EBITDA grew to $527 million from $402 million, showing meaningful margin improvement. Operating cash flow was $469 million, or 10.6% of revenue.
Granite’s Materials segment delivered nearly 30% revenue growth and a 67.7% increase in gross profit, helped by acquisitions and higher asphalt and aggregate pricing. For 2026, the company guides revenue to $4.9–$5.1 billion, adjusted EBITDA margin of 12.0–13.0%, SG&A at 8.5–9.0% of revenue, and capital spending of $140–$160 million, including about $50 million for strategic materials investments.
Granite Construction reported strong fourth quarter and fiscal 2025 results, highlighted by record Committed and Awarded Projects (CAP) of $7.0 billion, up 32% year-over-year. This growing backlog reflects robust public infrastructure demand and increased project wins.
Fiscal 2025 revenue rose to $4.4 billion from $4.0 billion, while net income attributable to Granite increased to $193 million from $126 million. Adjusted net income reached $276 million and adjusted EBITDA grew to $527 million from $402 million, showing meaningful margin improvement. Operating cash flow was $469 million, or 10.6% of revenue.
Granite’s Materials segment delivered nearly 30% revenue growth and a 67.7% increase in gross profit, helped by acquisitions and higher asphalt and aggregate pricing. For 2026, the company guides revenue to $4.9–$5.1 billion, adjusted EBITDA margin of 12.0–13.0%, SG&A at 8.5–9.0% of revenue, and capital spending of $140–$160 million, including about $50 million for strategic materials investments.
FMR LLC has disclosed a significant passive stake in Granite Construction Inc. As of 12/31/2025, FMR LLC reports beneficial ownership of 4,627,464.29 shares of Granite Construction common stock, representing 10.4% of the class. FMR LLC has sole voting power over 4,506,730.41 shares and sole dispositive power over the full 4,627,464.29 shares, with no shared voting or dispositive power.
Company leader Abigail P. Johnson is also listed as a reporting person, with beneficial ownership of the same 4,627,464.29 shares and sole dispositive power, but no voting power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Granite Construction, consistent with a passive investment under Schedule 13G.
Granite Construction Inc. (GVA) director Celeste B. Mastin reported a sale of company stock. On 11/24/2025, Mastin sold 7,614 shares of Granite Construction common stock at a weighted average price of $105.235 per share, with individual trade prices ranging from $105.21 to $105.43. Following this transaction, Mastin beneficially owns 10,206 shares of Granite Construction common stock. The filing notes that the share total was adjusted to include dividend equivalents credited under the company’s equity plans.
Granite Construction Inc. (GVA) has a planned insider sale filing under Rule 144 covering 7,614 shares of common stock, with an aggregate market value of $801,260.17. The trade is planned through Merrill Lynch on the NYSE, with an approximate sale date of 11/24/2025. Granite Construction had 43,649,806 shares outstanding at the time indicated, which is a baseline figure for the company’s equity.
The shares to be sold were originally acquired as vested restricted shares and stock bonuses from Granite Construction Inc. on several dates, including 620 shares on 05/20/2017, 1,882 shares on 05/20/2019, 2,842 shares on 06/02/2021, and 2,270 shares on 05/20/2025. The seller represents that they are not aware of undisclosed material adverse information about Granite Construction’s current or prospective operations.
Granite Construction (GVA) reported an insider transaction by its Chief Financial Officer. On 11/12/2025, the officer sold 1,500 shares of common stock at $103 per share (Transaction Code: S). Following the trade, the officer beneficially owned 11,120 shares, held as direct ownership.
Granite Construction Inc. (GVA) — Form 144 notice of proposed sale. A holder filed to sell 1,500 shares of Granite Construction common stock, with an aggregate market value of $154,500. The approximate sale date is 11/12/2025 through Merrill Lynch, with trading on the NYSE.
The shares were acquired via vested restricted share awards on 09/24/2022 (166), 03/14/2023 (392), 09/24/2023 (131), 03/14/2024 (704), and 09/24/2024 (107). Shares outstanding were 43,649,806.
Granite Construction (GVA) Chief Financial Officer Staci M. Woolsey reported an insider transaction on 11/05/2025. The filing shows 187 shares of common stock were withheld under Transaction Code F at $102.76 per share to cover taxes upon vesting of equity awards.
Following the transaction, Woolsey beneficially owns 12,620 shares directly. The filing notes the total was adjusted to include dividend equivalents credited since the last report: 8 on 4/15/2025, 7 on 7/15/2025, and 6 on 10/15/2025.
Granite Construction (GVA) reported stronger Q3 results. Revenue rose to $1.43 billion from $1.28 billion, lifting gross profit to $260.5 million. Net income attributable to Granite increased to $102.9 million, with diluted EPS of $1.98 versus $1.57 a year ago. Operating income improved to $143.7 million.
The company closed two strategic deals on August 5, 2025: Warren Paving for $540.0 million and Papich Construction for $170.0 million, adding revenue and gross profit in both Construction and Materials. Subsequent to quarter-end, Granite acquired Cinderlite for $58.5 million. To support these moves, Granite entered a new Credit Agreement, including a $600.0 million term loan and a $600.0 million revolver; it also initiated interest rate swaps effective January 2026 on $350 million of notional to fix SOFR-based borrowings at 3.218% plus margin.
Unearned revenue (backlog under contract) reached $4.33 billion, with about $3.2 billion expected to convert within 12 months. Operating cash flow was $289.6 million year-to-date, while investing cash outflows of $(947.8) million reflected acquisition spending. Materials revenue grew to $271.0 million, driven by aggregates and asphalt.
Granite Construction (GVA) furnished an earnings press release under Item 2.02 for the three and nine months ended September 30, 2025. The company attached the release as Exhibit 99.1 and indicated the information is furnished, not filed, under the Exchange Act.
The filing is a routine 8-K update that directs readers to the press release for detailed results. Granite’s common stock trades on the NYSE under the symbol GVA.