secwatch.observer — SEC 8-K summary
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Issuer:     GRANITE CONSTRUCTION INC (GVA)
CIK:        0000861459
Form:       8-K
Filed at:   2026-07-30T10:45:41+00:00
Accession:  0000861459-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Q2 revenue up 29% to $1.46B; adjusted EPS $2.16 beats $1.93; raises FY revenue guidance
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- Q2 revenue $1.46B (+29% YoY); net loss $278M due to $360M loss on convertible debt settlement.
- Adjusted net income $101M, adjusted diluted EPS $2.16 vs $1.93 YoY; adjusted EBITDA $186M (+22%).
- Raised 2026 revenue guidance to $5.3-5.5B (from $5.2-5.4B); adjusted EBITDA margin 12.25-13.25%.
- Committed & Awarded Projects (CAP) $7.4B, up $250M sequentially; YTD operating cash flow $142M (from $5M).
- Acquired Kenny Seng Construction in Q2; strong public/private infrastructure demand cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861459/000086145926000027/0000861459-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861459/000086145926000027/gva-20260730.htm
  HTML page:      https://secwatch.observer/filing/0000861459-26-000027

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