Granite Construction Secures $12.3 Million University of Washington Contract

Granite Construction (GVA) appointed George L. Nash Jr. to its board and reported Q2 2026 sales of $1,455.87M with a net loss of $278.16M. The company completed a $185.61M share repurchase, raised full-year 2026 revenue guidance to $5.3B-$5.5B, and said M&A activity is active.

Granite Construction (NYSE:GVA) reported Q2 2026 revenue of $1.5 billion, up 29% year over year, and adjusted EBITDA of $186 million. Committed and awarded projects rose to $7.4 billion. The company raised 2026 revenue guidance to $5.3 billion to $5.5 billion and 2027 organic growth to above 10%, citing backlog, acquisitions, and data center demand.

Granite Construction reported Q2 2026 results and said committed and awarded projects (CAP) reached $7.4B. It raised 2026 revenue guidance to $5.3B-$5.5B and 2027 organic growth to above 10%. Data center CAP rose to $223M. The company recorded $363M nonoperating charges from settling 3.75% convertible notes and expects 2026 operating cash flow of 11% of revenue.

Thursday, July 30, 2026 at 11 a.m. ET CALL PARTICIPANTS Vice President of Investor Relations - Michael Barker President and Chief Executive Officer - Kyle Larkin Executive Vice President and Chief Financial Officer - Staci Woolsey TAKEAWAYS Revenue -- $1.5 billion, representing a 29% increase year over year driven by record backlog and acquisition contributions. Adjusted EBITDA -- $186 million, an increase of $34 million compared to the prior year.

Granite Construction (NYSE:GVA) reported Q2 CY2026 revenue of $1.46 billion, up 29.3% year on year and 4.4% above Wall Street estimates, according to the company. Full-year revenue guidance midpoint was $5.4 billion, 2.3% above analysts’ estimates. Non-GAAP adjusted EPS was $2.16, up from $1.93 but below consensus; shares fell 2.9% to $114.59.

GRANITE CONSTRUCTION INC (GVA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Granite Reports Second Quarter 2026 Results • Raised 2026 revenue guidance by $100 million • Q2 revenue increased 29% year-over-year to $1.5 billion • Q2 net loss of $278 million compared to net income of $72 million for the same period in the prior year • Q2 adjuste