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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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