GVA news

Granite Construction reported Q3 2026 net income of $3 million, impacted by $162 million in conversion charges, with adjusted net income reaching $173 million. The company announced 2029 financial targets including an organic revenue CAGR of 10% to 12% and a record $7.5 billion in committed and awar…

Granite Construction reported Q2 2026 revenue of $1.5 billion, raising its guidance by $100 million. The net loss was driven by a $360 million loss on convertible debt.

Granite Construction Incorporated issued senior notes due 2034 with a 6.375% coupon under an indenture with U.S. Bank Trust Company. The debt offering expands the company's capital structure and financing options.

Granite Construction priced a $600 million offering of 6.375% senior notes due 2034, with closing expected June 2, 2026. Proceeds will redeem $827.3 million of convertible notes due 2028 and repay revolving credit facility borrowings.