---
schema_version: "secwatch.filing_event.v1"
accession: "0000861459-25-000019"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:33:59.369023+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Granite Construction Q1 revenue +4% to $700M, adjusted EPS $0.01, record CAP $5.7B

## Summary
- Revenue $700M (+4% YoY); net loss $(0.77)/share vs $(0.70) loss prior year.
- Adjusted diluted EPS $0.01 vs $(0.21) loss; adjusted EBITDA $28M vs $14M.
- Record CAP $5.7B (+$444M sequentially); Construction gross margin 13.9%.
- FY2025 guidance reaffirmed: revenue $4.2-4.4B, adj. EBITDA margin 11-12%.
- SG&A $116M (16.6% revenue) up $28M YoY, driven by $18M higher stock-based comp.

## SEC filing metadata
- accession: 0000861459-25-000019
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000086145925000019/0000861459-25-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000086145925000019/gva-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000861459-25-000019
- JSON: https://secwatch.observer/filing/0000861459-25-000019.json
- Plain text: https://secwatch.observer/filing/0000861459-25-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.