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Granite Construction vs Solv Energy: GVA and MWH compared

Granite Construction is the larger company: $1.8B of revenue in its latest quarter (Q3 2026) against $951M for Solv Energy (Q2 2026). Solv Energy is growing faster (+78% against +23% a year earlier). Granite Construction is more profitable, with an operating margin of 12.7% against 7.3%.

Granite Construction vs Solv Energy, latest quarterGranite Construction vs Solv Energy, latest quarterGranite Construction (GVA)Solv Energy (MWH)Revenue$1.8B$951MRevenue growth, Y/Y+23%+78%Gross margin19.0%14.7%Operating margin12.7%7.3%Net margin0.2%3.9%Free cash flow$229M$26.3M

Where the money goes: GVA and MWH

Granite Construction (GVA) · Q3 2026

Granite Construction, Q3 2026: revenue $1.8B (+23% year over year), operating margin 12.7%, net earnings $3.2M, operating cash flow $263M. The chart follows the revenue to costs, profit and cash.

Solv Energy (MWH) · Q2 2026

Solv Energy, Q2 2026: revenue $951M (+78% year over year), operating margin 7.3%, net earnings $37.0M, operating cash flow $31.8M. The chart follows the revenue to costs, profit and cash.

Granite Construction revenue by segment, Q3 2026Granite Construction revenue by segment, Q3 2026Construction$1.5BMaterials$292M
Solv Energy revenue by segment, Q2 2026Solv Energy revenue by segment, Q2 2026New Construction$913MExisting Infrastructure$28.0MOther$10.2M
Granite Construction (GVA)Solv Energy (MWH)
Latest quarterQ3 2026Q2 2026
Revenue$1.8B$951M
Revenue growth, Y/Y+23%+78%
Gross margin19.0%14.7%
Operating margin12.7%7.3%
Net earnings$3.2M$37.0M
Net margin0.2%3.9%
Operating cash flow$263M$31.8M
Free cash flow$229M$26.3M
Market value$5.6B$5.2B
Analysts’ mean target$173.33$40.91

Where the revenue comes from

Granite Construction

Solv Energy

Questions

Which is bigger, Granite Construction or Solv Energy?

Granite Construction is the larger company: $1.8B of revenue in its latest quarter (Q3 2026) against $951M for Solv Energy (Q2 2026).

Is Granite Construction or Solv Energy growing faster?

Solv Energy is growing faster (+78% against +23% a year earlier).

Which is more profitable, Granite Construction or Solv Energy?

Granite Construction is more profitable, with an operating margin of 12.7% against 7.3%.

More: Granite Construction earnings · how Granite Construction makes money · Solv Energy earnings · how Solv Energy makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.