Granite Construction jumps after Q1 revenue surge and higher 2026 guidance
GVA•Granite Construction shares are rising after the company reported Q1 2026 results showing 30% year-over-year revenue growth to $912 million and adjusted EBITDA up 106% to $58 million. The company also raised full-year 2026 guidance, lifting its revenue outlook to $5.2–$5.4 billion and adjusted EBITDA margin to 12.25%–13.25%.
1. What’s moving the stock
Granite Construction (GVA) is higher today after releasing first-quarter 2026 results that topped investors’ focus metrics—strong top-line growth, sharply improved adjusted profitability, and a guidance raise for the full year. The company posted Q1 revenue of $912 million, up 30% year-over-year, while adjusted EBITDA more than doubled to $58 million, and management increased its 2026 outlook for both revenue and adjusted EBITDA margin. (investor.graniteconstruction.com)
