# Sterling Infrastructure, Inc.: financial statements, quarterly

STRL · Nasdaq · CIK 874238 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/strl.md) · [Financials](/companies/strl/financials.md) · [Filings](/companies/strl/filings.md) · [Insiders](/companies/strl/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/strl/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [560](/filings/0000874238-24-000144.md) | [486 d](/filings/0000874238-26-000024.md) | [440](/filings/0000874238-25-000069.md) | [583](/filings/0000874238-25-000122.md) | [594](/filings/0000874238-25-000136.md) | [499 d](/filings/0000874238-26-000024.md) | [431](/filings/0000874238-26-000055.md) | [614](/filings/0000874238-26-000103.md) | [689](/filings/0000874238-25-000136.md) | [756 d](/filings/0000874238-26-000024.md) | [826](/filings/0000874238-26-000055.md) | [1,168](/filings/0000874238-26-000103.md) |
| Cost of revenue | $m | [468](/filings/0000874238-24-000144.md) | [394 d](/filings/0000874238-26-000024.md) | [363](/filings/0000874238-25-000069.md) | [470](/filings/0000874238-25-000122.md) | [464](/filings/0000874238-25-000136.md) | [392 d](/filings/0000874238-26-000024.md) | [336](/filings/0000874238-26-000055.md) | [471](/filings/0000874238-26-000103.md) | [519](/filings/0000874238-25-000136.md) | [591 d](/filings/0000874238-26-000024.md) | [631](/filings/0000874238-26-000055.md) | [878](/filings/0000874238-26-000103.md) |
| Gross profit | $m | [91.9](/filings/0000874238-24-000144.md) | [91.8 d](/filings/0000874238-26-000024.md) | [76.9](/filings/0000874238-25-000069.md) | [113](/filings/0000874238-25-000122.md) | [130](/filings/0000874238-25-000136.md) | [107 d](/filings/0000874238-26-000024.md) | [94.8](/filings/0000874238-26-000055.md) | [143](/filings/0000874238-26-000103.md) | [170](/filings/0000874238-25-000136.md) | [164 d](/filings/0000874238-26-000024.md) | [194](/filings/0000874238-26-000055.md) | [290](/filings/0000874238-26-000103.md) |
| Operating income | $m | [57.1](/filings/0000874238-24-000144.md) | [55.8 d](/filings/0000874238-26-000024.md) | [42.1](/filings/0000874238-25-000069.md) | [72.7](/filings/0000874238-25-000122.md) | [87.5](/filings/0000874238-25-000136.md) | [62.3 d](/filings/0000874238-26-000024.md) | [56.1](/filings/0000874238-26-000055.md) | [105](/filings/0000874238-26-000103.md) | [125](/filings/0000874238-25-000136.md) | [120 d](/filings/0000874238-26-000024.md) | [138](/filings/0000874238-26-000055.md) | [219](/filings/0000874238-26-000103.md) |
| Income tax | $m | [13.9](/filings/0000874238-24-000144.md) | [12.3 d](/filings/0000874238-26-000024.md) | [7.6](/filings/0000874238-25-000069.md) | [18.0](/filings/0000874238-25-000122.md) | [23.4](/filings/0000874238-25-000136.md) | [38.4 d](/filings/0000874238-26-000024.md) | [15.1](/filings/0000874238-26-000055.md) | [27.4](/filings/0000874238-26-000103.md) | [30.5](/filings/0000874238-25-000136.md) | [25.8 d](/filings/0000874238-26-000024.md) | [33.7](/filings/0000874238-26-000055.md) | [51.3](/filings/0000874238-26-000103.md) |
| Net income | $m | [39.4](/filings/0000874238-24-000144.md) | [40.2 d](/filings/0000874238-26-000024.md) | [31.0](/filings/0000874238-25-000069.md) | [51.9](/filings/0000874238-25-000122.md) | [61.3](/filings/0000874238-25-000136.md) | [113 d](/filings/0000874238-26-000024.md) | [39.5](/filings/0000874238-26-000055.md) | [71.0](/filings/0000874238-26-000103.md) | [92.1](/filings/0000874238-25-000136.md) | [87.6 d](/filings/0000874238-26-000024.md) | [96.0](/filings/0000874238-26-000055.md) | [156](/filings/0000874238-26-000103.md) |
| Diluted EPS | $ per share | [1.26](/filings/0000874238-24-000144.md) | not reported | [1.00](/filings/0000874238-25-000069.md) | [1.67](/filings/0000874238-25-000122.md) | [1.97](/filings/0000874238-25-000136.md) | not reported | [1.28](/filings/0000874238-26-000055.md) | [2.31](/filings/0000874238-26-000103.md) | [2.97](/filings/0000874238-25-000136.md) | not reported | [3.09](/filings/0000874238-26-000055.md) | [5.00](/filings/0000874238-26-000103.md) |
| Basic EPS | $ per share | [1.28](/filings/0000874238-24-000144.md) | not reported | [1.00](/filings/0000874238-25-000069.md) | [1.68](/filings/0000874238-25-000122.md) | [2.00](/filings/0000874238-25-000136.md) | not reported | [1.29](/filings/0000874238-26-000055.md) | [2.33](/filings/0000874238-26-000103.md) | [3.02](/filings/0000874238-25-000136.md) | not reported | [3.13](/filings/0000874238-26-000055.md) | [5.08](/filings/0000874238-26-000103.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [409](/filings/0000874238-24-000144.md) | [472](/filings/0000874238-26-000024.md) | [480](/filings/0000874238-25-000069.md) | [540](/filings/0000874238-25-000122.md) | [648](/filings/0000874238-25-000136.md) | [664](/filings/0000874238-26-000024.md) | [639](/filings/0000874238-26-000055.md) | [699](/filings/0000874238-26-000103.md) | [306](/filings/0000874238-25-000136.md) | [391](/filings/0000874238-26-000103.md) | [512](/filings/0000874238-26-000055.md) | [464](/filings/0000874238-26-000103.md) |
| Current assets | $m | [876](/filings/0000874238-23-000118.md) | [848](/filings/0000874238-25-000025.md) | [879](/filings/0000874238-24-000081.md) | [1,017](/filings/0000874238-24-000121.md) | [1,084](/filings/0000874238-24-000144.md) | [1,022](/filings/0000874238-26-000024.md) | [998](/filings/0000874238-25-000069.md) | [1,132](/filings/0000874238-25-000122.md) | [963](/filings/0000874238-25-000136.md) | [1,034](/filings/0000874238-26-000103.md) | [1,195](/filings/0000874238-26-000055.md) | [1,429](/filings/0000874238-26-000103.md) |
| Total assets | $m | [1,724](/filings/0000874238-23-000118.md) | [1,777](/filings/0000874238-25-000025.md) | [1,817](/filings/0000874238-24-000081.md) | [1,965](/filings/0000874238-24-000121.md) | [2,024](/filings/0000874238-24-000144.md) | [2,017](/filings/0000874238-26-000024.md) | [2,035](/filings/0000874238-25-000069.md) | [2,161](/filings/0000874238-25-000122.md) | [2,562](/filings/0000874238-25-000136.md) | [2,634](/filings/0000874238-26-000103.md) | [2,784](/filings/0000874238-26-000055.md) | [3,194](/filings/0000874238-26-000103.md) |
| Current liabilities | $m | [686](/filings/0000874238-23-000118.md) | [678](/filings/0000874238-25-000025.md) | [706](/filings/0000874238-24-000081.md) | [821](/filings/0000874238-24-000121.md) | [839](/filings/0000874238-24-000144.md) | [742](/filings/0000874238-26-000024.md) | [757](/filings/0000874238-25-000069.md) | [796](/filings/0000874238-25-000122.md) | [967](/filings/0000874238-25-000136.md) | [1,022](/filings/0000874238-26-000103.md) | [1,084](/filings/0000874238-26-000055.md) | [1,291](/filings/0000874238-26-000103.md) |
| Total liabilities | $m | [1,138](/filings/0000874238-23-000118.md) | [1,153](/filings/0000874238-25-000025.md) | [1,165](/filings/0000874238-24-000081.md) | [1,284](/filings/0000874238-24-000121.md) | [1,293](/filings/0000874238-24-000144.md) | [1,190](/filings/0000874238-26-000024.md) | [1,208](/filings/0000874238-25-000069.md) | [1,250](/filings/0000874238-25-000122.md) | [1,477](/filings/0000874238-25-000136.md) | [1,527](/filings/0000874238-26-000103.md) | [1,588](/filings/0000874238-26-000055.md) | [1,804](/filings/0000874238-26-000103.md) |
| Long-term debt | $m | [322](/filings/0000874238-23-000118.md) | [315](/filings/0000874238-25-000025.md) | [309](/filings/0000874238-24-000081.md) | [302](/filings/0000874238-24-000121.md) | [296](/filings/0000874238-24-000144.md) | [290](/filings/0000874238-26-000024.md) | [284](/filings/0000874238-25-000069.md) | [283](/filings/0000874238-25-000122.md) | [279](/filings/0000874238-25-000136.md) | [276](/filings/0000874238-26-000103.md) | [272](/filings/0000874238-26-000055.md) | [269](/filings/0000874238-26-000103.md) |
| Current portion of debt | $m | [35.1](/filings/0000874238-23-000118.md) | [26.5](/filings/0000874238-25-000025.md) | [26.5](/filings/0000874238-24-000081.md) | [26.4](/filings/0000874238-24-000121.md) | [26.4](/filings/0000874238-24-000144.md) | [26.4](/filings/0000874238-26-000024.md) | [26.4](/filings/0000874238-25-000069.md) | [15.2](/filings/0000874238-25-000122.md) | [15.2](/filings/0000874238-25-000136.md) | [15.1](/filings/0000874238-26-000103.md) | [15.1](/filings/0000874238-26-000055.md) | [15.1](/filings/0000874238-26-000103.md) |
| Shareholders' equity | $m | [580](/filings/0000874238-23-000118.md) | [619](/filings/0000874238-25-000025.md) | [645](/filings/0000874238-24-000081.md) | [671](/filings/0000874238-24-000121.md) | [717](/filings/0000874238-24-000144.md) | [808](/filings/0000874238-26-000024.md) | [805](/filings/0000874238-25-000069.md) | [882](/filings/0000874238-25-000122.md) | [1,051](/filings/0000874238-25-000136.md) | [1,109](/filings/0000874238-26-000103.md) | [1,190](/filings/0000874238-26-000055.md) | [1,357](/filings/0000874238-26-000103.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [150 d](/filings/0000874238-24-000144.md) | [147 d](/filings/0000874238-26-000024.md) | [49.6](/filings/0000874238-25-000069.md) | [121 d](/filings/0000874238-25-000122.md) | [152 d](/filings/0000874238-25-000136.md) | [174 d](/filings/0000874238-26-000024.md) | [84.9](/filings/0000874238-26-000055.md) | [85.4 d](/filings/0000874238-26-000103.md) | [83.6 d](/filings/0000874238-25-000136.md) | [186 d](/filings/0000874238-26-000024.md) | [166](/filings/0000874238-26-000055.md) | [162 d](/filings/0000874238-26-000103.md) |
| Capital expenditure | $m | [10.4 d](/filings/0000874238-24-000144.md) | [15.1 d](/filings/0000874238-26-000024.md) | [22.4](/filings/0000874238-25-000069.md) | [28.9 d](/filings/0000874238-25-000122.md) | [14.0 d](/filings/0000874238-25-000136.md) | [15.6 d](/filings/0000874238-26-000024.md) | [17.9](/filings/0000874238-26-000055.md) | [13.3 d](/filings/0000874238-26-000103.md) | [19.7 d](/filings/0000874238-25-000136.md) | [26.4 d](/filings/0000874238-26-000024.md) | [19.6](/filings/0000874238-26-000055.md) | [50.0 d](/filings/0000874238-26-000103.md) |
| Share repurchases | $m | [0.0 d](/filings/0000874238-24-000144.md) | [0.0 d](/filings/0000874238-26-000024.md) | [0.0](/filings/0000874238-25-000069.md) | [30.1 d](/filings/0000874238-25-000122.md) | [20.5 d](/filings/0000874238-25-000136.md) | [20.0 d](/filings/0000874238-26-000024.md) | [43.8](/filings/0000874238-26-000055.md) | [0.0 d](/filings/0000874238-26-000103.md) | [4.7 d](/filings/0000874238-25-000136.md) | [25.7 d](/filings/0000874238-26-000024.md) | [12.3](/filings/0000874238-26-000055.md) | [23.0 d](/filings/0000874238-26-000103.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [30.5](/filings/0000874238-23-000118.md) | [30.8](/filings/0000874238-24-000081.md) | [31.0](/filings/0000874238-24-000121.md) | [31.2](/filings/0000874238-24-000144.md) | [31.2](/filings/0000874238-25-000069.md) | [31.1](/filings/0000874238-25-000122.md) | [31.1](/filings/0000874238-25-000136.md) | [30.9](/filings/0000874238-26-000055.md) | [30.8](/filings/0000874238-26-000103.md) | [31.0](/filings/0000874238-25-000136.md) | [31.0](/filings/0000874238-26-000055.md) | [31.1](/filings/0000874238-26-000103.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 30,588,518 at 2026-07-31, from the cover of the [10-Q filed 2026-08-04](/filings/0000874238-26-000103.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:26 ET. No prices; not investment advice.