Granite Construction Reports Strong Q1 Performance with Revenue Growth and Acquisition
Granite Construction (GVA) reported a strong first quarter in 2026, achieving revenue growth of $912 million (+30% YoY), gross profit increase to $110 million (+31%), and adjusted EBITDA of $58 million. The company raised its full-year guidance for revenue ($5.2–$5.4 billion) and improved EBITDA margins (12.25%–13.25%). Additionally, Granite acquired Kenny Seng Construction to expand market exposure.
Tickers: $GVA
Topics: construction infrastructure M&A activity revenue growth