Granite Construction Inc. reported its financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. For Q4 2025, revenue reached USD 1.17 billion, up 19% compared to the same period in the previous year. Gross profit for the quarter was USD 168 million. Net income attributable to shareholders was USD 52 million, with diluted earnings per share at USD 1.03. Adjusted net income for the quarter was USD 65 million, or USD 1.40 per diluted share. The company recorded EBITDA of USD 52.03 million. Selling, general, and administrative expenses amounted to USD 104 million, representing 8.9% of revenue. For the full year 2025, total revenue stood at USD 4.42 billion. Net income attributable to shareholders was USD 193 million, with basic earnings per share of USD 4.42 and diluted earnings per share of USD 3.86. The net income margin for the year was 4.4%. EBITDA for the year reached USD 193 million. Total shareholders’ equity at the end of 2025 was USD 1.18 billion. The company’s total liabilities and equity amounted to USD 4.03 billion as of December 31, 2025. The results reflect increased revenue and profitability for Granite Construction Inc. during both the fourth quarter and the full year 2025.

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