earnings
confidence high
sentiment positive
materiality 0.75
Granite Q3 net income up 30% to $103M; raises adjusted EBITDA margin guidance
GRANITE CONSTRUCTION INC
2025-Q3 EPS reported
$2.83
revenue$3,259,009,000
- Q3 revenue $1.43B (+12% YoY); diluted EPS $1.98 (+26%); adjusted diluted EPS $2.70 (+32%).
- Record committed and awarded projects (CAP) $6.3B, up $273M sequentially; Materials gross profit margin 25.2%.
- FY2025 adjusted EBITDA margin guidance raised to 11.50%-12.50%; revenue narrowed to $4.35-4.45B.
- Acquired Cinderlite to strengthen Nevada operations; YTD operating cash flow $290M.