XML 16 R4.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 912,465 $ 699,547
Cost of revenue 802,560 615,698
Gross profit 109,905 83,849
Selling, general and administrative expenses 140,950 115,911
Other costs, net 3,037 9,426
Gain on sales of property and equipment, net (2,949) (1,737)
Operating loss (31,133) (39,751)
Other (income) expense:    
Interest income (5,849) (6,268)
Interest expense 16,332 7,757
Net income from affiliates (3,473) (1,094)
Other (income) expense, net 10,365 (63)
Total other expense, net 17,375 332
Loss before income taxes (48,508) (40,083)
Benefit from income taxes (12,119) (11,756)
Net loss (36,389) (28,327)
Amount attributable to non-controlling interests (5,310) (5,329)
Net loss attributable to Granite Construction Incorporated $ (41,699) $ (33,656)
Net loss per share attributable to common shareholders    
Basic (USD per share) $ (0.96) $ (0.77)
Diluted (USD per share) $ (0.96) $ (0.77)
Weighted average shares outstanding:    
Basic (shares) 43,529 43,463
Diluted (shares) 43,529 43,463