Granite reported third-quarter 2026 revenue up 23% to $1.77 billion and adjusted diluted EPS of $3.81, versus $2.70 a year earlier. GAAP diluted EPS fell to $0.07 from $1.98 because of $162 million of non-operating charges from settling convertible note conversions in cash. The company also raised the low end of its 2026 revenue guidance and introduced 2029 financial targets.
Q3 revenue $1.77 billion, up from $1.43 billion; Q3 adjusted EBITDA $283 million, up 32%
Q3 GAAP net income attributable to Granite $3 million ($0.07 per diluted share) vs. $103 million ($1.98) a year earlier, after $162 million of net non-operating charges tied to 3.75% convertible notes
2026 revenue guidance raised to $5.4 billion to $5.5 billion from $5.3 billion to $5.5 billion; other 2026 guidance unchanged
2029 targets include organic revenue CAGR of 10% to 12% and adjusted EBITDA margin of 14% to 16%
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Granite Construction, Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$4.42B
+10.4%
$3.86
+47.3%
4.4%
FY2024
$4.01B
+14.2%
$2.62
+170.1%
3.2%
FY2023
$3.51B
+6.3%
$0.97
-42.9%
1.2%
FY2022
$3.30B
-5.7%
$1.70
+709.5%
2.5%
FY2021
$3.50B
-1.7%
$0.21
—
0.3%
Frequently asked questions
When is Granite Construction's next earnings date?
Granite Construction has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Granite Construction earn last quarter?
For the quarter ended Sep 2026, Granite Construction reported diluted EPS of $0.07 (-96.5% year over year) on revenue of $1.77B (+23.2%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.