Flagship explainer

How GRANITE CONSTRUCTION INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.4B · 100%Cost of revenue$3.7B · 84%Gross profit$711M · 16%Operating income$282M · 6%Income before tax$289M · 7%Income tax$68.5M · 2%Net income$193M · 4%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.4B100%
Cost of revenue$3.7B84%
$711M16%
$282M6%
Income before tax$289M7%
Income tax$68.5M2%
$193M4%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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