Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Sterling Infrastructure Inc. Revenue & Financial Statements
Sterling Infrastructure Inc. reported revenue of $2.5B for the fiscal year ended December 31, 2025, up 17.7% year over year, with net income of $309.7M and diluted EPS of $9.38.
- Company
- Sterling Infrastructure Inc. STRL · NASDAQ
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 1.6B | 1.8B | 2.0B | 2.1B | 2.5B |
| Cost of revenue | 1.4B | 1.5B | 1.6B | 1.7B | 1.9B |
| Gross profit | 214.8M | 274.6M | 337.6M | 426.1M | 572.3M |
| Operating income | 107.3M | 159.9M | 205.8M | 264.6M | 405.9M |
| Pretax income | — | — | — | — | — |
| Net income | 62.6M | 106.5M | 138.7M | 257.5M | 309.7M |
| Diluted EPS | 2.15 | 3.48 | 4.44 | 8.27 | 9.38 |
| EBITDA | 130.0M | 196.3M | 248.0M | 316.0M | 483.0M |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 440.4M | 582.8M | 593.7M | 498.8M | 430.9M | 614.5M | 689.0M | 755.6M |
| Cost of revenue | 363.5M | 470.1M | 463.9M | 392.2M | 336.1M | 471.3M | 518.8M | 591.5M |
| Gross profit | 76.9M | 112.7M | 129.8M | 106.7M | 94.8M | 143.1M | 170.2M | 164.1M |
| Operating income | 42.1M | 72.7M | 87.5M | 62.3M | 56.1M | 104.6M | 125.3M | 120.0M |
| Pretax income | — | — | — | — | — | — | — | — |
| Net income | 31.0M | 51.9M | 61.3M | 113.2M | 39.5M | 71.0M | 92.1M | 91.7M |
| Diluted EPS | 1.00 | 1.67 | 1.97 | 3.64 | 1.28 | 2.31 | 2.97 | 2.82 |
| EBITDA | 54.1M | 85.4M | 100.6M | 76.0M | 68.6M | 117.7M | 139.2M | 142.6M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2020 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 952.7M | 1.4B | 1.8B | 2.0B | 2.6B |
| Current assets | 361.5M | 597.3M | 848.0M | 1.0B | 1.0B |
| Cash & equivalents | 66.2M | 181.5M | 471.6M | 664.2M | 390.7M |
| Total liabilities | 684.0M | 963.8M | 1.2B | 1.2B | 1.5B |
| Current liabilities | 321.9M | 446.6M | 678.2M | 742.0M | 1.0B |
| Long-term debt | 291.2M | 398.7M | 315.0M | 289.9M | 275.9M |
| Total debt | 368.7M | 431.3M | 341.5M | 316.3M | 291.0M |
| Stockholders’ equity | 267.3M | 474.6M | 618.9M | 808.1M | 1.1B |
| Net debt | 302.5M | 249.8M | (130.0M) | (347.9M) | (99.7M) |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 151.6M | 219.1M | 478.6M | 497.1M | 440.0M |
| Investing cash flow | (223.4M) | (89.8M) | (87.8M) | (185.8M) | (551.9M) |
| Financing cash flow | 87.9M | (32.8M) | (104.5M) | (118.6M) | (161.5M) |
| Capital expenditure | 46.7M | 60.9M | 64.4M | 81.0M | 77.3M |
| Free cash flow | 104.9M | 158.2M | 414.2M | 416.1M | 362.7M |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 11.8M | 12.7M | 14.6M | 19.0M | 24.2M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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