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Granite Construction Inc income statement

In fiscal 2025, Granite Construction Inc reported revenue of $4.42bn, up 10.4% on the year before, operating income of $282m (a 6.4% margin) and net income of $193m, or $3.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue1,9631,7632,0102,0832,2672,2752,3712,5152,9583,2872,9153,5623,5023,3013,5094,0084,4245,300
Cost of revenue1,6141,5851,7621,8482,0902,0362,0712,2132,6802,9522,7253,2183,1392,9323,1133,4353,7134,448
Gross profit350178248235177240300301279335190345363369396573711852
Selling, general and administrative228192162185192193204217220273238316303273294334408457
Operating income129−1099981−556511092638−42−158258580207282395
Interest expense161010−1114141412111518242113182947348
Income before tax139−1068981−645610396688−40−166229260196289−147
Income tax39−442321−1920353026−3−12−0201330566892
Net income74−595145−36256057341−60−145108344126193−265
Diluted EPS$1.90−$1.56$1.31$1.15−$0.94$0.64$1.52$1.42$0.84$0.01−$1.29−$3.18$0.21$1.70$0.97$2.62$3.86−$5.39
Diluted shares (average)38m38m38m39m39m40m40m40m40m44m47m46m48m52m53m53m53m49m
EBITDA209−351601371813317515712912080−45134168172334445580

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Granite Construction Inc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Granite Construction Inc.