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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported) July 26, 2006

                        GRANITE CONSTRUCTION INCORPORATED
             (Exact name of registrant as specified in its charter)

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            Delaware                    1-12911                77-0239383
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  (State or other jurisdiction        (Commission             (IRS Employer
       of incorporation)              File Number)         Identification No.)

                585 West Beach Street
               Watsonville, California                           95076
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       (Address of principal executive offices)               (Zip Code)

                                 (831) 724-1011
               Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.02  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On July 26, 2006, Granite Construction Incorporated (the "Company") issued
a press release with respect to its earnings for the quarter ended June 30,
2006, a copy of which is attached as Exhibit 99.1.

     The information set forth is furnished pursuant to Item 2.02, "Results of
Operations and Financial Condition" and shall not be deemed "filed" for purpose
of Section 18 of the Securities Exchange Act of 1934, nor shall the information,
including the Exhibit, be deemed incorporated by reference in any filing of the
Company, except as shall be expressly set forth by specific reference in such
filing.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits. The following exhibits are attached hereto and furnished herewith:

Exhibit
Number         Exhibit Title
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99.1           Press Release of Registrant, dated July 26, 2006, its second
               quarter financial results

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                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                               GRANITE CONSTRUCTION INCORPORATED


Date:  July 26, 2006                           By: /s/ William E. Barton
                                                   -----------------------------
                                                   William E. Barton
                                                   Senior Vice President and
                                                   Chief Financial Officer

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                                INDEX TO EXHIBITS

Exhibit
Number         Document
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99.1           Press Release of Registrant, dated July 26, 2006, its second
               quarter financial results

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