Earnings summaries and quarterly performance for STERLING INFRASTRUCTURE.
Executive leadership at STERLING INFRASTRUCTURE.
Board of directors at STERLING INFRASTRUCTURE.
Research analysts who have asked questions during STERLING INFRASTRUCTURE earnings calls.
AT
Adam Thalhimer
Thompson, Davis & Company, Inc.
8 questions for STRL
Also covers: ACM, AZZ, CX +17 more
Brent Thielman
D.A. Davidson
8 questions for STRL
Also covers: AAON, ACA, APOG +27 more
Julio Romero
Sidoti & Company, LLC
6 questions for STRL
Also covers: AAON, ACA, APOG +14 more
Alex Rygiel
Texas Capital Securities
4 questions for STRL
Also covers: BLDR, BWMN, BZH +13 more
NL
Noah Levitz
William Blair
3 questions for STRL
Also covers: AIR, REKR, VSEC
BB
Brian Brophy
Stifel Financial Corp
2 questions for STRL
Also covers: CTOS, ECG, EME +12 more
JR
Julio Romero
Sidoti & Company
2 questions for STRL
Also covers: BZH, FIX, GFF +1 more
LD
Louie DiPalma
William Blair
2 questions for STRL
Also covers: AIR, ASTS, AVAV +16 more
MS
Manish Somaiya
Cantor
2 questions for STRL
Also covers: CTRI, ECG, MYRG +3 more
LD
Louis De Palma
William Blair
1 question for STRL
Also covers: IRDM
TB
Tom Bishop
H.C. Wainwright & Co.
1 question for STRL
Also covers: AVXL
Recent press releases and 8-K filings for STRL.
Sterling Infrastructure Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 Guidance
STRL
Earnings
Guidance Update
New Projects/Investments
- Sterling Infrastructure reported strong Q4 2025 results, with revenue growing 69% and adjusted diluted EPS increasing 78% to $3.08, contributing to full-year 2025 adjusted diluted EPS growth of over 53% and adjusted EBITDA margins exceeding 20%.
- The company issued 2026 guidance, forecasting revenue between $3.05 billion and $3.2 billion and adjusted diluted EPS between $13.45 and $14.05, with midpoints indicating 25% or higher year-over-year growth for key metrics.
- Growth is primarily driven by E-Infrastructure Solutions, which experienced 123% revenue growth in Q4 2025 and is projected to grow 40% or higher in 2026, supported by the data center market, geographic expansion into Texas and the Pacific Northwest, and the successful integration of the CEC acquisition.
- Sterling ended 2025 with a signed backlog of $3 billion, a 78% increase from year-end 2024, and generated $440 million in operating cash flow for the full year, with $374 million remaining for share repurchases.
1 day ago
Sterling Infrastructure Reports Strong Q4 and Full-Year 2025 Results, Issues Robust 2026 Guidance
STRL
Earnings
Guidance Update
New Projects/Investments
- Sterling Infrastructure reported a strong Q4 2025, with revenue growth of 69% and adjusted diluted EPS growth of 78% to $3.08, contributing to full-year 2025 revenue growth of over 32% and adjusted diluted EPS growth of over 53%.
- The company's signed backlog at the end of Q4 2025 reached $3 billion, a 78% increase from year-end 2024, with total work visibility approaching $4.5 billion including unsigned awards and future phase opportunities.
- For 2026, Sterling Infrastructure provided guidance including revenue of $3.05 billion-$3.2 billion and adjusted diluted EPS of $13.45-$14.05, with midpoints reflecting 25% or higher growth across key financial metrics.
- The E-Infrastructure Solutions segment, a primary growth driver, experienced 123% revenue growth in Q4 2025 and is projected to grow 40% or higher in 2026, with adjusted operating margins expected to be in the 23%-24% range. The company is strategically expanding into new geographies like Texas and the Pacific Northwest and is actively implementing AI tools to enhance project management and safety.
- Operating cash flow for 2025 was $440 million, and the company executed share repurchases totaling $74 million during the year, including $26 million in Q4 2025 at an average price of $310.09 per share.
1 day ago
Sterling Infrastructure Reports Strong Q4 and Full Year 2025 Results, Issues 2026 Guidance
STRL
Earnings
Guidance Update
New Projects/Investments
- Sterling Infrastructure reported strong Q4 2025 revenue growth of 69% and adjusted diluted EPS growth of 78% to $3.08. For the full year 2025, revenue grew over 32% and adjusted diluted EPS grew over 53%, with adjusted EBITDA margins exceeding 20% for the first time.
- The company ended Q4 2025 with a signed backlog of $3 billion, a 78% increase from year-end 2024. Total work visibility, including unsigned awards and future phase opportunities, approaches $4.5 billion. E-Infrastructure Solutions' backlog and future opportunities alone totaled over $3 billion, with 84% in mission-critical work.
- For 2026, Sterling Infrastructure initiated guidance for revenue of $3.05 billion to $3.2 billion and adjusted diluted EPS of $13.45 to $14.05, with adjusted EBITDA projected between $626 million and $659 million. The midpoints of these ranges reflect 25% or higher growth.
- E-Infrastructure Solutions was a primary growth driver, with 123% revenue growth in Q4 2025 and expected 40% or higher revenue growth in 2026, with adjusted operating profit margins in the 23%-24% range. Building Solutions revenue declined 9% in Q4 2025 and is expected to decline in the high single to low double digits in 2026.
1 day ago
Sterling Infrastructure, Inc. Reports Strong Q4 and Full Year 2025 Results and Issues 2026 Guidance
STRL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Sterling Infrastructure, Inc. (STRL) reported strong financial results for Q4 and Full Year 2025, with Q4 2025 revenue increasing 51% to $755.6 million and full year 2025 revenue growing 18% to $2.49 billion.
- For Q4 2025, adjusted diluted EPS rose 78% to $3.08, and for the full year 2025, adjusted diluted EPS increased 53% to $10.88.
- The company ended 2025 with a backlog of $3.01 billion, up 78% from the prior year, and generated $440.0 million in cash flows from operations.
- Sterling Infrastructure, Inc. also issued Full Year 2026 guidance, projecting revenue between $3.05 billion and $3.20 billion and adjusted diluted EPS between $13.45 and $14.05.
2 days ago
Sterling Infrastructure Reports Strong Q4 and Full Year 2025 Results and Issues 2026 Guidance
STRL
Earnings
Guidance Update
Share Buyback
- Sterling Infrastructure reported strong financial results for the fourth quarter and full year 2025, with full year revenue increasing 18% on a GAAP basis to $2.49 billion and adjusted diluted EPS growing 53% to $10.88.
- For the fourth quarter of 2025, revenues reached $755.6 million, a 51% increase on a GAAP basis, and adjusted net income rose 78% to $96.0 million, or $3.08 per diluted share.
- The company ended 2025 with a backlog of $3.01 billion, marking a 78% increase from the prior year, and generated $440.0 million in cash flows from operations for the twelve months ended December 31, 2025.
- Sterling Infrastructure provided Full Year 2026 guidance, projecting revenue between $3.05 billion and $3.20 billion, adjusted diluted EPS between $13.45 and $14.05, and adjusted EBITDA between $626 million and $659 million.
- The company also executed share repurchases totaling $25.7 million in the fourth quarter of 2025 at an average price of $310.09 per share.
2 days ago
Sterling Infrastructure Reports Strong Q3 2025 Results and Raises Full-Year Guidance
STRL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Sterling Infrastructure reported strong Q3 2025 results, with revenue growing 32%, adjusted earnings per share increasing 58% to $3.48, and adjusted EBITDA up 47% to $156 million.
- The company raised its full-year 2025 guidance, now expecting revenue between $2.375 billion and $2.39 billion, adjusted diluted EPS of $10.35 to $10.52, and adjusted EBITDA of $486 million to $491 million.
- Total backlog reached $2.6 billion, a 64% year-over-year increase, with e-infrastructure solutions backlog growing 97% to $1.8 billion. The combined backlog, including unsigned awards and future phase opportunities, exceeds $4 billion.
- The e-infrastructure solutions segment was a primary growth driver, with revenue increasing 58% (including 42% organic growth) and data center market revenue growing over 125% year-over-year. The recent CEC acquisition contributed $41.4 million in revenue in September.
Nov 4, 2025, 2:00 PM
Sterling Infrastructure Reports Strong Q3 2025 Results and Raises Full-Year Guidance
STRL
Earnings
Guidance Update
M&A
- Sterling Infrastructure delivered strong Q3 2025 results, with revenue growth of 32%, adjusted earnings per share increasing 58% to $3.48, and adjusted EBITDA up 47% to $156 million.
- The company's backlog totaled $2.6 billion at the end of the quarter, representing a 64% year-over-year increase, significantly driven by a 97% increase in the e-infrastructure solutions backlog to $1.8 billion.
- Full-year 2025 guidance was increased, with projected revenue between $2.375 billion and $2.39 billion, adjusted diluted EPS between $10.35 and $10.52, and adjusted EBITDA between $486 million and $491 million.
- The e-infrastructure solutions segment was a primary growth driver, with revenue increasing 58% (including 42% organic growth) and data center market revenue growing over 125% year-over-year.
- Operating cash flow from activities for the first nine months of 2025 was $253.9 million, and the company maintained a strong balance sheet with $306.4 million in cash and an undrawn $150 million revolving credit facility at quarter-end.
Nov 4, 2025, 2:00 PM
Sterling Infrastructure Reports Strong Q3 2025 Results and Raises Full-Year Guidance
STRL
Earnings
Guidance Update
M&A
- Sterling Infrastructure reported a strong third quarter 2025, with revenue growing 32%, adjusted earnings per share increasing 58% to $3.48, and adjusted EBITDA rising 47% to $156 million.
- The company's backlog totaled $2.6 billion at the end of the quarter, marking a 64% year-over-year increase, with the e-infrastructure solutions backlog growing 97%.
- The e-infrastructure solutions segment was a primary growth driver, with revenue increasing 58% (or 42% organically), fueled by over 125% growth in the data center market. The recent CEC acquisition contributed $41.4 million in revenue during September.
- Sterling Infrastructure raised its full-year 2025 guidance, now expecting revenue between $2.375 billion and $2.39 billion, adjusted diluted EPS of $10.35 to $10.52, and adjusted EBITDA of $486 million to $491 million.
- The company maintains a strong financial position, ending Q3 2025 with $306.4 million in cash and a cash net of debt balance of $11.8 million.
Nov 4, 2025, 2:00 PM
Sterling Infrastructure Reports Strong Q3 2025 Results and Raises Full-Year Guidance
STRL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Sterling Infrastructure reported robust Q3 2025 results, with revenue growing 32% and adjusted earnings per share increasing 58% to $3.48.
- The company raised its full-year 2025 guidance, projecting revenue between $2.375 billion and $2.390 billion and adjusted diluted EPS between $10.35 and $10.52, representing a 9% increase at the midpoint over previous guidance for adjusted EPS.
- Backlog reached $2.6 billion, a 64% year-over-year increase, significantly driven by the e-Infrastructure Solutions segment's 97% growth in backlog, fueled by strong data center demand and the CEC acquisition.
- While the e-Infrastructure Solutions segment saw 58% revenue growth (42% organic), the Building Solutions segment faced challenges, with revenue declining 1% in the quarter and a forecast of a mid to high single-digit decline for the full year due to affordability issues.
Nov 4, 2025, 2:00 PM
Sterling Infrastructure, Inc. Reports Record Q3 2025 Results and Raises Full-Year Guidance
STRL
Earnings
Guidance Update
Share Buyback
- Sterling Infrastructure, Inc. reported record financial results for the third quarter of 2025, with revenues of $689.0 million, an increase of 32% excluding RHB from the prior year quarter, and net income of $92.1 million, a 50% increase.
- Diluted earnings per share (EPS) for Q3 2025 was $2.97, a 51% increase, while adjusted diluted EPS reached $3.48, up 58%.
- The company's gross margin improved to 24.7% from 21.9% in the prior year quarter, and adjusted EBITDA increased 47% to $155.8 million.
- Sterling's backlog at September 30, 2025, was $2.58 billion, and combined backlog reached $3.44 billion. The CEC acquisition contributed $41.4 million to revenue and $475.3 million to backlog in the quarter.
- The company increased its full-year 2025 guidance, projecting adjusted diluted EPS between $10.35 and $10.52 and adjusted EBITDA between $486 million and $491 million.
Nov 3, 2025, 9:08 PM
Quarterly earnings call transcripts for STERLING INFRASTRUCTURE.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more