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AI brief of an SEC Form 8-K · Granite Construction (GVA)

Granite Q1 revenue rises 4% to $700 million; net loss widens to $0.77 a share

Mixed Impact 3 of 5 earnings Written later

Granite Construction reported a first-quarter 2025 net loss attributable to the company of $34 million, or $(0.77) per diluted share, compared with a $31 million loss, or $(0.70) per share, a year earlier. Revenue rose 4% year-over-year to $700 million, and adjusted diluted earnings were $0.01 per share versus an adjusted loss of $(0.21) a year earlier. The company said its 2025 guidance is unchanged.

Key points

  • Q1 revenue rose $28 million, or 4%, to $700 million; Materials segment revenue rose 10.2% to $84.9 million.
  • GAAP net loss attributable to the company was $34 million, or $(0.77) per diluted share, versus $(0.70) a year earlier, with stock-based compensation of $32.2 million compared with $12.9 million.
  • Adjusted diluted EPS was $0.01, compared with $(0.21) a year earlier; operating cash flow was $4 million.
  • 2025 guidance is unchanged, including revenue of $4.2 billion to $4.4 billion and an adjusted EBITDA margin of 11.0% to 12.0%.

The filing

CompanyGranite Construction (GVA)
Form8-K, current report
Filed with the SECMay 1, 2025, 6:45 AM ET
Accession number0000861459-25-000019

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.