Granite Construction posts record CAP of $7.0B, FY revenue up 10% to $4.4B, net income +53%

GRANITE CONSTRUCTION INC

2025-FY EPS reported $3.86 revenue$4,424,379,000

Q4 revenue $1.2B (+19% YoY); FY revenue $4.4B (+10% YoY).
Q4 diluted EPS $1.03, adjusted EPS $1.40; FY diluted EPS $3.86, adjusted EPS $6.07 (+47% and +26% YoY).
CAP record $7.0B, up 32% YoY, driven by strong public project awards.
Materials segment FY revenue $769M (+30% YoY), gross profit $137M (+68% YoY).
FY25 operating cash flow $469M (10.6% of revenue). 2026 guidance: revenue $4.9B-$5.1B, adj. EBITDA margin 12%-13%.

item 2.02 item 9.01

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