Granite Q2 FY26 turns to net loss of $278 million; revenue rises 29.3% to $1.46 billion

• Granite Construction posted a net loss attributable to shareholders of $278 million, or $(6.36) per diluted share, in Q2 2026.
• Revenue climbed 29.3% to $1.46 billion; operating income rose to $126.81 million.
• Adjusted EBITDA (non-GAAP) increased 22.02% to $185.93 million.
• Results reflected a $360 million loss on convertible debt transactions tied to the 3.75% convertible notes.
• 2026 revenue guidance was raised to $5.3 billion-$5.5 billion; adjusted EBITDA margin outlook stayed at 12.25%-13.25%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Construction Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729515860) on July 30, 2026, and is solely responsible for the information contained therein.