Granite Construction 3Q 2026: Revenue $1.77B, Net income $3.21M, EPS $0.07— 10-Q Summary
Granite Construction reported 3Q 2026 revenue of $1.77B, up 23.2% YoY, but net income fell 96.9% to $3.21M. EPS declined to $0.07 from $1.98. Nine-month revenue rose 26.9% to $4.13B, driven by construction growth and acquisitions. Public construction revenue increased 36.7% in the quarter.
How this was made

The 30-second read
Why it matters
Traders will likely focus on the divergence between strong revenue/public construction growth and the steep YoY decline in net income and EPS, plus the reported improvement in construction gross profit and margin.
Market read
This is a company-specific quarterly disclosure with hard numbers that can reset near-term expectations for profitability even as revenue trends up.
What to watch
The summary does not break out drivers of the net income decline (taxes, impairments, interest, or project-level write-downs), which could materially change how traders interpret the quarter.
Background
The piece is an AI summary of Granite Construction’s 3Q 2026 SEC 10-Q filed Oct. 29, 2026, highlighting revenue, earnings, and project/backlog metrics.
Ticker impact
Granite Construction’s 3Q 2026 10-Q summary reports revenue of $1.77B (+23.2% YoY) but net income fell to $3.21M and diluted EPS to $0.07.
Likely choppy trading as investors weigh strong top-line and gross profit growth against the large earnings deterioration.
The article provides directionally conflicting signals: revenue and construction gross profit/margins improved, yet net income and EPS collapsed versus the prior year.
Market effects
Public construction and infrastructure spending read-through may stay constructive given higher public construction revenue and improved segment margin.
Ohio sewer tunnel win ($325M) supports regional infrastructure demand narrative, but the article does not quantify broader regional effects.
Limited global relevance; this is a US infrastructure contractor-specific filing summary.
Counterpoint
The net income collapse may reflect one-time items or accounting effects, while the improved construction gross profit and margin suggest underlying operating strength.
Key entities
- companyGranite Construction Inc
US construction and infrastructure contractor reporting 3Q 2026 revenue, net income, EPS, and project wins in its 10-Q summary.



