Granite Construction Operating Expenses Growth & History (GVA)
Granite Construction's operating expenses was $428.8M for fiscal 2025.
View full Granite Construction company overviewGranite Construction annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $428.8M | $63.4M | +17.36% |
| 2024 | 2024-12-31 | $365.3M | $49.0M | +15.49% |
| 2023 | 2023-12-31 | $316.3M | $32.2M | +11.34% |
| 2022 | 2022-12-31 | $284.1M | −$53.8M | −15.92% |
| 2021 | 2021-12-31 | $337.9M | −$165.2M | −32.84% |
| 2020 | 2020-12-31 | $503.1M | $271.6M | +117.33% |
| 2019 | 2019-12-31 | $231.5M | −$95.1M | −29.12% |
| 2018 | 2018-12-31 | $326.6M | $110.4M | +51.06% |
| 2017 | 2017-12-31 | $216.2M | $7.2M | +3.45% |
| 2016 | 2016-12-31 | $209.0M | $19.5M | +10.28% |
| 2015 | 2015-12-31 | $189.5M | $14.9M | +8.52% |
| 2014 | 2014-12-31 | $174.6M | −$57.2M | −24.68% |
| 2013 | 2013-12-31 | $231.9M | $77.9M | +50.64% |
| 2012 | 2012-12-31 | $153.9M | $5.2M | +3.52% |
| 2011 | 2011-12-31 | $148.7M | −$138.4M | −48.21% |
| 2010 | 2010-12-31 | $287.1M | $66.8M | +30.32% |
| 2009 | 2009-12-31 | $220.3M | −$34.9M | −13.68% |
| 2008 | 2008-12-31 | $255.3M | — | — |
Granite Construction quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $112.0M | $16.4M | +17.20% |
| Q1 2026 | 2026-03-31 | $141.0M | $17.4M | +14.11% |
| Q4 2025 | 2025-12-31 | $92.7M | $2.5M | +2.81% |
| Q3 2025 | 2025-09-30 | $116.9M | $18.2M | +18.50% |
| Q2 2025 | 2025-06-30 | $95.5M | $16.6M | +21.10% |
| Q1 2025 | 2025-03-31 | $123.6M | $26.0M | +26.66% |
| Q4 2024 | 2024-12-31 | $90.2M | $16.5M | +22.44% |
| Q3 2024 | 2024-09-30 | $98.7M | $5.8M | +6.28% |
| Q2 2024 | 2024-06-30 | $78.9M | $4.7M | +6.28% |
| Q1 2024 | 2024-03-31 | $97.6M | $22.0M | +29.07% |
| Q4 2023 | 2023-12-31 | $73.7M | −$6.5M | −8.06% |
| Q3 2023 | 2023-09-30 | $92.8M | $32.5M | +53.80% |
| Q2 2023 | 2023-06-30 | $74.2M | $6.4M | +9.45% |
| Q1 2023 | 2023-03-31 | $75.6M | −$193,000 | −0.25% |
| Q4 2022 | 2022-12-31 | $80.1M | $43.4M | +118.15% |
| Q3 2022 | 2022-09-30 | $60.4M | −$15.8M | −20.80% |
| Q2 2022 | 2022-06-30 | $67.8M | −$14.3M | −17.45% |
| Q1 2022 | 2022-03-31 | $75.8M | −$67.0M | −46.93% |
| Q4 2021 | 2021-12-31 | $36.7M | −$88.7M | −70.72% |
| Q3 2021 | 2021-09-30 | $76.2M | −$122.6M | −61.67% |
| Q2 2021 | 2021-06-30 | $82.2M | −$1.0M | −1.25% |
| Q1 2021 | 2021-03-31 | $142.8M | $47.2M | +49.34% |
| Q4 2020 | 2020-12-31 | $125.5M | $118.4M | +1667.53% |
| Q3 2020 | 2020-09-30 | $198.8M | $129.7M | +187.86% |
| Q2 2020 | 2020-06-30 | $83.2M | $8.0M | +10.58% |
| Q1 2020 | 2020-03-31 | $95.6M | $15.5M | +19.40% |
| Q4 2019 | 2019-12-31 | $7.1M | −$87.2M | −92.47% |
| Q3 2019 | 2019-09-30 | $69.1M | −$8.0M | −10.40% |
| Q2 2019 | 2019-06-30 | $75.2M | −$10.3M | −12.00% |
| Q1 2019 | 2019-03-31 | $80.1M | $10.4M | +14.90% |
| Q4 2018 | 2018-12-31 | $94.3M | $38.0M | +67.47% |
| Q3 2018 | 2018-09-30 | $77.1M | $29.3M | +61.44% |
| Q2 2018 | 2018-06-30 | $85.5M | $34.9M | +69.03% |
| Q1 2018 | 2018-03-31 | $69.7M | $8.2M | +13.24% |
| Q4 2017 | 2017-12-31 | $56.3M | $4.0M | +7.59% |
| Q3 2017 | 2017-09-30 | $47.7M | −$6.0M | −11.24% |
| Q2 2017 | 2017-06-30 | $50.6M | $3.2M | +6.85% |
| Q1 2017 | 2017-03-31 | $61.6M | $6.0M | +10.87% |
| Q4 2016 | 2016-12-31 | $52.3M | $4.5M | +9.50% |
| Q3 2016 | 2016-09-30 | $53.8M | $9.3M | +21.00% |
| Q2 2016 | 2016-06-30 | $47.3M | $288,000 | +0.61% |
| Q1 2016 | 2016-03-31 | $55.5M | $5.3M | +10.60% |
| Q4 2015 | 2015-12-31 | $47.8M | $12.0M | +33.55% |
| Q3 2015 | 2015-09-30 | $44.5M | $476,000 | +1.08% |
| Q2 2015 | 2015-06-30 | $47.1M | $632,000 | +1.36% |
| Q1 2015 | 2015-03-31 | $50.2M | $1.8M | +3.65% |
| Q4 2014 | 2014-12-31 | $35.8M | −$54.2M | −60.25% |
| Q3 2014 | 2014-09-30 | $44.0M | $1.7M | +4.06% |
| Q2 2014 | 2014-06-30 | $46.4M | $2.9M | +6.75% |
| Q1 2014 | 2014-03-31 | $48.4M | −$7.6M | −13.61% |
| Q4 2013 | 2013-12-31 | $90.0M | $54.9M | +156.22% |
| Q3 2013 | 2013-09-30 | $42.3M | $2.6M | +6.58% |
| Q2 2013 | 2013-06-30 | $43.5M | $5.6M | +14.88% |
| Q1 2013 | 2013-03-31 | $56.1M | $14.8M | +35.87% |
| Q4 2012 | 2012-12-31 | $35.1M | −$3.8M | −9.86% |
| Q3 2012 | 2012-09-30 | $39.7M | $6.1M | +18.33% |
| Q2 2012 | 2012-06-30 | $37.9M | $2.3M | +6.56% |
| Q1 2012 | 2012-03-31 | $41.3M | $603,000 | +1.48% |
| Q4 2011 | 2011-12-31 | $39.0M | −$105.7M | −73.06% |
| Q3 2011 | 2011-09-30 | $33.5M | −$10.5M | −23.82% |
| Q2 2011 | 2011-06-30 | $35.5M | −$12.0M | −25.30% |
| Q1 2011 | 2011-03-31 | $40.7M | −$10.2M | −20.01% |
| Q4 2010 | 2010-12-31 | $144.7M | — | — |
| Q3 2010 | 2010-09-30 | $44.0M | −$15.4M | −25.94% |
| Q2 2010 | 2010-06-30 | $47.6M | −$6.0M | −11.13% |
| Q1 2010 | 2010-03-31 | $50.8M | — | — |
| Q3 2009 | 2009-09-30 | $59.4M | — | — |
| Q2 2009 | 2009-06-30 | $53.5M | — | — |
Granite Construction operating expenses trends
Over the last five fiscal years, Granite Construction's operating expenses decreased from $503.1M to $428.8M, a change of −$74.4M. The latest reported quarter, Q2 2026, shows $112.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Granite Construction source filings ↗