secwatch.observer — SEC 8-K summary
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Issuer:     GRANITE CONSTRUCTION INC (GVA)
CIK:        0000861459
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000861459-25-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861459/000086145925000019/0000861459-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861459/000086145925000019/gva-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000861459-25-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer