Granite Construction Incorporated
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Granite Construction Incorporated (GVA). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Constructions [Member] | $3.18B 89.3% | $3.08B 87.8% · -3.3% | $2.80B 84.9% · -8.9% | $2.99B 85.3% · +6.7% | $3.42B 85.2% · +14.1% | $3.65B 82.6% · +7.0% |
| Materials [Member] | $380.8M 10.7% | $425.7M 12.2% · +11.8% | $497.3M 15.1% · +16.8% | $516.9M 14.7% · +3.9% | $592.3M 14.8% · +14.6% | $769.5M 17.4% · +29.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Mountain [Member] | $1.24B 34.8% | $1.35B 38.4% · +8.4% | $1.32B 39.9% · -2.0% | $1.40B 39.9% · +6.2% |
| CALIFORNIA | $1.15B 32.3% | $1.07B 30.4% · -7.4% | $1.08B 32.9% · +1.9% | $1.29B 36.7% · +18.7% |
| Central [Member] | $1.17B 32.9% | $1.09B 31.2% · -6.8% | $898.3M 27.2% · -17.7% | $820.7M 23.4% · -8.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Construction [Member] | $3.18B 89.3% | $3.08B 87.8% · -3.3% | $2.80B 84.9% · -8.9% | $2.99B 85.3% · +6.7% |
| Materials [Member] | $380.8M 10.7% | $425.7M 12.2% · +11.8% | $497.3M 15.1% · +16.8% | $516.9M 14.7% · +3.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.