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Granite Construction Q3 net income drops 97% to $3.21 million

By Public Technologies
  • Granite Construction’s third-quarter 2026 net income attributable to shareholders fell 97% year-over-year to $3.21 million.
  • Earnings were hurt by $162 million in net non-operating charges associated with settling conversions of its 3.75% convertible notes.
  • Quarterly revenue rose 23% year-over-year to $1.77 billion.
  • Committed and Awarded Projects reached a record $7.5 billion at September 30, 2026.
  • FY26 revenue guidance narrowed to $5.4 billion–$5.5 billion from $5.3 billion–$5.5 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Construction Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610290645BIZWIRE_USPR_____20261028_BW427810) on October 29, 2026, and is solely responsible for the information contained therein.

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