Granite Q2 FY26 turns to net loss of $278 million; revenue rises 29.3% to $1.46 billion

Reuters2026/07/30 10:52

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Granite Construction posted a net loss attributable to shareholders of $278 million, or $(6.36) per diluted share, in Q2 2026.
Revenue climbed 29.3% to $1.46 billion; operating income rose to $126.81 million.
Adjusted EBITDA (non-GAAP) increased 22.02% to $185.93 million.
Results reflected a $360 million loss on convertible debt transactions tied to the 3.75% convertible notes.
2026 revenue guidance was raised to $5.3 billion-$5.5 billion; adjusted EBITDA margin outlook stayed at 12.25%-13.25%.

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: 20260729515860) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Granite Q2 FY26 turns to net loss of $278 million; revenue rises 29.3% to $1.46 billion

You may also like

Crypto prices