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Income Statement (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Revenue | 1.43B | 27.3% |
| Gross Profit | 261M | 30.9% |
| Cost of Revenue | 1.17B | 26.6% |
| Operating expense | 117M | 22.4% |
| Net Income | 103M | 43.6% |
| EBITDA | 209M | 38.8% |
Balance Sheet (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Total Assets | 4.15B | 33.5% |
| Total Liabilities | 2.94B | 47.6% |
| Total Equity | 1.16B | 8.8% |
| Shares Outstanding | 53M | 0.7% |
Cash Flow (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Cash from operations | 284M | 15766.8% |
| Cash from investing | -741M | 1353.6% |
| Cash from financing | 576M | 7390.3% |
EPS
Financial Highlights for Granite Construction in Q3 '25
Granite Construction reported a revenue of 1.43B, which is a 27.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 261M, marking a 30.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.17B, a 26.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 117M, showing a 22.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 103M, showing a 43.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 209M, showing a 38.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Granite Construction with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
