Sterling Infrastructure (STRL) financials
Sterling Infrastructure revenue and earnings by year
Sterling Infrastructure's revenue was $2.49 billion in the fiscal year to December 31, 2025, up 17.7% from the year before. Net income was $290 million, 11.7% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 15.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.49 | 2.12 | 1.97 | 1.77 | 1.41 | 1.23 | 1.13 | 1.04 | 0.96 | 0.69 |
| Revenue growth | 17.7% | 7.3% | 11.5% | 25.1% | 15.3% | 8.9% | 8.5% | 8.3% | 38.8% | — |
| Gross profit | 0.57 | 0.43 | 0.34 | 0.27 | 0.20 | 0.18 | 0.11 | 0.11 | 0.09 | 0.04 |
| Gross margin | 23.0% | 20.1% | 17.1% | 15.5% | 14.4% | 14.6% | 9.6% | 10.6% | 9.3% | 6.1% |
| Operating income | 0.41 | 0.26 | 0.21 | 0.16 | 0.11 | 0.09 | 0.04 | 0.04 | 0.03 | -0.00 |
| Operating margin | 16.3% | 12.5% | 10.4% | 9.0% | 7.6% | 7.5% | 3.4% | 4.1% | 2.7% | -0.7% |
| Net income | 0.29 | 0.26 | 0.14 | 0.10 | 0.06 | 0.04 | 0.04 | 0.03 | 0.01 | -0.01 |
| Net margin | 11.7% | 12.2% | 7.0% | 5.5% | 4.3% | 3.5% | 3.5% | 2.4% | 1.2% | -1.3% |
| Diluted EPS | $9.38 | $8.27 | $4.44 | $3.48 | $2.15 | $1.50 | $1.45 | $0.93 | $0.41 | -$0.40 |
| Free cash flow | 0.37 | 0.43 | 0.43 | 0.16 | 0.12 | 0.09 | 0.03 | 0.03 | 0.02 | 0.04 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open STRL in Markets.
How Sterling Infrastructure makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| E Infrastructure Solutions | $1.30B | 83.3% |
| Transportation Solutions | $165M | 10.6% |
| Building Solutions | $96.0M | 6.1% |
See also: STRL valuation and P/E history · STRL returns
No forecast, no recommendation. This page describes Sterling Infrastructure from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.