Granite Construction (GVA) Revenue & Revenue Breakdown

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Granite Construction Revenue Highlights

Latest Revenue (Y)

$4.01B

Latest Revenue (Q)

$1.13B

Main Segment (Y)

Performance Obligations

Main Geography (Y)

Mountain

Granite Construction Revenue by Period

Granite Construction Revenue by Year

Date	Revenue	Change
2024-12-31	$4.01B	14.20%
2023-12-31	$3.51B	6.30%
2022-12-31	$3.30B	9.67%
2021-12-31	$3.01B	-15.51%
2020-12-31	$3.56B	3.39%
2019-12-31	$3.45B	3.83%
2018-12-31	$3.32B	10.99%
2017-12-31	$2.99B	18.89%
2016-12-31	$2.51B	6.06%
2015-12-31	$2.37B	4.21%
2014-12-31	$2.28B	0.37%
2013-12-31	$2.27B	8.83%
2012-12-31	$2.08B	3.66%
2011-12-31	$2.01B	13.99%
2010-12-31	$1.76B	-10.21%
2009-12-31	$1.96B	-26.58%
2008-12-31	$2.67B	-2.33%
2007-12-31	$2.74B	-7.80%
2006-12-31	$2.97B	12.43%
2005-12-31	$2.64B	23.65%
2004-12-31	$2.14B	15.82%
2003-12-31	$1.84B	4.52%
2002-12-31	$1.76B	14.00%
2001-12-31	$1.55B	14.81%
2000-12-31	$1.35B	1.47%
1999-12-31	$1.33B	8.38%
1998-12-31	$1.23B	19.25%
1997-12-31	$1.03B	10.70%
1996-12-31	$928.80M	3.80%
1995-12-31	$894.80M	29.05%
1994-12-31	$693.40M	21.56%
1993-12-31	$570.40M	-

Granite Construction generated $4.01B in revenue during NA 2024, up 14.20% compared to the previous quarter, and up 116.31% compared to the same period a year ago.

Granite Construction Revenue by Quarter

Date	Revenue	Change
2025-06-30	$1.13B	60.96%
2025-03-31	$699.55M	-28.42%
2024-12-31	$977.30M	-23.38%
2024-09-30	$1.28B	17.83%
2024-06-30	$1.08B	61.02%
2024-03-31	$672.27M	-28.00%
2023-12-31	$933.70M	-16.40%
2023-09-30	$1.12B	24.29%
2023-06-30	$898.55M	60.44%
2023-03-31	$560.07M	-29.03%
2022-12-31	$789.21M	-21.85%
2022-09-30	$1.01B	31.44%
2022-06-30	$768.29M	40.30%
2022-03-31	$547.59M	-19.85%
2021-12-31	$683.20M	-35.68%
2021-09-30	$1.06B	10.16%
2021-06-30	$964.17M	43.92%
2021-03-31	$669.91M	-29.15%
2020-12-31	$945.57M	-11.23%
2020-09-30	$1.07B	16.32%
2020-06-30	$915.77M	44.01%
2020-03-31	$635.93M	-32.93%
2019-12-31	$948.15M	-12.86%
2019-09-30	$1.09B	37.82%
2019-06-30	$789.54M	27.39%
2019-03-31	$619.80M	-30.54%
2018-12-31	$892.33M	-15.47%
2018-09-30	$1.06B	30.79%
2018-06-30	$807.12M	43.26%
2018-03-31	$563.38M	-29.69%
2017-12-31	$801.27M	-16.28%
2017-09-30	$957.13M	25.46%
2017-06-30	$762.91M	62.88%
2017-03-31	$468.40M	-29.74%
2016-12-31	$666.68M	-17.07%
2016-09-30	$803.90M	32.97%
2016-06-30	$604.58M	37.58%
2016-03-31	$439.45M	-30.26%
2015-12-31	$630.16M	-16.13%
2015-09-30	$751.38M	32.00%
2015-06-30	$569.24M	35.45%
2015-03-31	$420.25M	-28.75%
2014-12-31	$589.79M	-18.06%
2014-09-30	$719.76M	22.85%
2014-06-30	$585.87M	54.24%
2014-03-31	$379.85M	-36.32%
2013-12-31	$596.46M	-19.57%
2013-09-30	$741.58M	34.79%
2013-06-30	$550.16M	45.27%
2013-03-31	$378.70M	-24.98%
2012-12-31	$504.78M	-30.71%
2012-09-30	$728.48M	35.00%
2012-06-30	$539.62M	73.98%
2012-03-31	$310.16M	-42.51%
2011-12-31	$539.55M	-25.95%
2011-09-30	$728.58M	50.32%
2011-06-30	$484.67M	88.79%
2011-03-31	$256.73M	-38.47%
2010-12-31	$417.23M	-37.81%
2010-09-30	$670.85M	47.70%
2010-06-30	$454.20M	105.82%
2010-03-31	$220.68M	-49.24%
2009-12-31	$434.75M	-39.64%
2009-09-30	$720.28M	56.22%
2009-06-30	$461.07M	32.73%
2009-03-31	$347.37M	-44.63%
2008-12-31	$627.32M	-30.13%
2008-09-30	$897.79M	29.30%
2008-06-30	$694.33M	52.67%
2008-03-31	$454.80M	-28.16%
2007-12-31	$633.07M	-

Granite Construction generated $1.13B in revenue during Q2 2025, up 60.96% compared to the previous quarter, and up 167.49% compared to the same period a year ago.

Granite Construction Revenue Breakdown

Granite Construction Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Performance Obligations	$220.70M	$147.40M	$182.80M	$153.90M	$173.50M

Granite Construction's latest annual revenue breakdown by segment (product or service), as of Dec 24: Performance Obligations (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Construction	$937.43M	$614.62M	$749.41M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Materials	$188.54M	$84.93M	$149.14M	$81.38M	$56.40M	$50.76M	$17.41M	$38.95M	-	-	-	-	-	-	-	-	-	-	-	-
Performance Obligations	-	$49.50M	-	$43.30M	$93.10M	$84.30M	$61.60M	$41.60M	$44.20M	$30.30M	$40.40M	$71.00M	$41.10M	$99.70M	-	-	-	-	-	-
Water	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.12M	$644.00K	$1.43M	$731.00K	-
Transportation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$199.63M	$157.54M	$69.11M	$114.95M	-
Specialty	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$61.03M	$51.55M	$25.91M	$43.68M	-

Granite Construction's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Construction (83.26%), and Materials (16.74%).

Granite Construction Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Central	$820.68M	$1.44B	$1.33B	-	-
Mountain	$1.40B	-	-	-	-
CALIFORNIA	$1.22B	$945.97M	$771.76M	-	-
Water	-	-	-	$5.08M	$5.96M

Granite Construction's latest annual revenue breakdown by geography, as of Dec 23: Mountain (40.69%), CALIFORNIA (35.47%), and Central (23.84%).

Quarterly Revenue by Country

Country	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
Central	$191.80M	$1.58B	$1.34B	$1.44B	$1.30B	$1.34B	$1.19B	-	-	-	-	-	-	-	-	-	-	-	-	-
Mountain	$344.07M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CALIFORNIA	$330.46M	$1.42B	$1.27B	$1.01B	$801.45M	$873.32M	$768.01M	-	-	-	-	-	-	-	-	-	-	-	-	-
Water	-	-	-	-	-	-	-	$2.12M	$644.00K	$1.43M	$731.00K	$444.00K	$2.24M	$1.66M	$2.29M	$1.09M	-	-	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$19.90M	$13.90M	-	-
Transportation Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$504.04M	$610.85M
Water Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$122.30M	$124.29M
Specialty Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$165.47M	$190.84M

Granite Construction's latest quarterly revenue breakdown by geography, as of Dec 23: Mountain (39.72%), CALIFORNIA (38.14%), and Central (22.14%).

Granite Construction Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EME	EMCOR Group	$14.57B	$4.30B
MTZ	MasTec	$12.30B	$3.54B
KBR	KBR	$7.74B	$1.95B
FIX	Comfort Systems USA	$7.03B	$2.17B
APG	APi Group	$7.02B	$1.99B
PRIM	Primoris Services	$6.37B	$1.89B
TPC	Tutor Perini	$4.33B	$1.37B
GVA	Granite Construction	$4.01B	$1.13B
DY	Dycom Industries	$3.77B	$1.26B
MYRG	MYR Group	$3.36B	$900.33M
STRL	Sterling Infrastructure	$2.12B	$614.47M
ROAD	Construction Partners	$1.82B	$779.28M
MTRX	Matrix Service	$769.29M	$187.17M
GLDD	Great Lakes Dredge & Dock	$762.69M	$193.75M

GVA Revenue FAQ

What is Granite Construction’s yearly revenue?

Granite Construction's yearly revenue for 2024 was $4.01B, representing an increase of 14.20% compared to 2023. The company's yearly revenue for 2023 was $3.51B, representing an increase of 6.30% compared to 2022. GVA's yearly revenue for 2022 was $3.3B, representing an increase of 9.67% compared to 2021.

What is Granite Construction’s quarterly revenue?

Granite Construction's quarterly revenue for Q2 2025 was $1.13B, a 60.96% increase from the previous quarter (Q1 2025), and a 4.02% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $699.55M, a -28.42% decrease from the previous quarter (Q4 2024), and a 4.06% increase year-over-year (Q1 2024). GVA's quarterly revenue for Q4 2024 was $977.3M, a -23.38% decrease from the previous quarter (Q3 2024), and a 4.67% increase year-over-year (Q4 2023).

What is Granite Construction’s revenue growth rate?

Granite Construction's revenue growth rate for the last 3 years (2022-2024) was 21.40%, and for the last 5 years (2020-2024) was 12.49%.

What are Granite Construction’s revenue streams?

Granite Construction's revenue streams in c 24 are Performance Obligations

What is Granite Construction’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Granite Construction was Performance Obligations. This segment made a revenue of $220.7M, representing 100.00% of the company's total revenue.