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STERLING INFRASTRUCTURE, INC.

CIK: 874238 SIC: 1600
$2.49B
Revenue
$290.15M
Net Income
22.98%
Gross Margin
16.30%
Op. Margin
$568.68M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 7 of 43 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
+ Total Revenue $755.61M $689.02M $614.47M $430.95M $498.83M $593.74M $582.82M
Revenue Growth % (YoY) 51.5% 16.0% 5.4% nan% nan% nan% nan%
Cost of Revenue $591.50M $518.80M $471.33M $336.11M $392.16M $463.94M $470.08M
+ Gross Profit $164.12M $170.22M $143.14M $94.84M $106.68M $129.80M $112.74M
Gross Margin % 21.7% 24.7% 23.3% 22.0% 21.4% 21.9% 19.3%
+ Operating Income $119.97M $125.31M $104.56M $56.08M $62.27M $87.49M $72.73M
Operating Margin % 15.9% 18.2% 17.0% 13.0% 12.5% 14.7% 12.5%
Income Tax Expense $25.79M $30.52M $27.36M $15.08M $38.40M $23.40M $17.95M
+ Net Income $87.60M $92.09M $70.99M $39.48M $113.21M $61.32M $51.88M
Net Margin % 11.6% 13.4% 11.6% 9.2% 22.7% 10.3% 8.9%
Basic EPS 2.86 3.02 2.33 1.29 3.68 2.00 1.68
Diluted EPS 2.82 2.97 2.31 1.28 3.64 1.97 1.67
Basic Shares Outstanding - 30.5M 30.4M 30.5M -45K 30.7M 30.9M
Diluted Shares Outstanding - 31.0M 30.8M 30.9M -38K 31.1M 31.1M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Cash & Cash Equivalents $390.72M $306.39M $699.37M $638.65M $664.20M $648.13M $539.99M
Other Current Assets $35.24M $52.76M $22.98M $17.72M $17.38M $18.09M $19.51M
Total Current Assets $1.03B $963.15M $1.13B $997.73M $1.02B $1.08B $1.02B
Goodwill $585.22M $580.56M $283.66M $283.66M $264.60M $281.36M $281.36M
Intangible Assets $554.70M $561.72M $329.16M $333.69M $316.39M $315.54M $319.82M
Other Non-current Assets $17.20M $16.06M $17.45M $17.23M $17.04M $17.76M $19.44M
Total Assets $2.63B $2.56B $2.16B $2.03B $2.02B $2.02B $1.96B
Accounts Payable $226.81M $198.32M $159.26M $128.88M $130.42M $160.20M $163.84M
Deferred Revenue $652.36M $616.27M $553.17M $534.39M $508.85M $563.53M $556.13M
Other Current Liabilities $46.80M $54.03M $13.84M $22.83M $19.00M $26.15M $24.85M
Total Current Liabilities $1.02B $966.79M $796.23M $756.77M $741.96M $839.04M $820.86M
Long-term Debt $275.90M $279.48M $283.05M $283.60M $289.90M $296.19M $302.46M
Deferred Tax Liabilities $123.14M $118.62M $114.77M $110.01M $109.36M $82.89M $80.30M
Other Non-current Liabilities $65.71M $68.80M $28.73M $27.90M $16.62M $15.67M $16.93M
Total Liabilities $1.53B $1.48B $1.25B $1.21B $1.19B $1.29B $1.28B
Common Stock $315.00K $315.00K $312.00K $312.00K $312.00K $312.00K $312.00K
Retained Earnings $872.65M $785.05M $692.96M $621.97M $582.50M $469.28M $407.96M
Treasury Stock $130.55M $103.75M $99.13M $99.92M $63.12M $48.90M $29.01M
Total Stockholders Equity $1.11B $1.05B $881.75M $805.42M $808.08M $716.52M $670.67M
Total Liabilities & Equity $2.63B $2.56B $2.16B $2.03B $2.02B $2.02B $1.96B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Net Income $87.60M $92.09M $110.47M $39.48M $113.21M $144.25M $51.88M
Depreciation & Amortization $22.59M $54.53M $34.61M $16.99M $17.86M $50.55M $33.18M
Stock-based Compensation $5.94M $18.24M $12.28M $6.68M $5.25M $13.75M $9.38M
Change in Working Capital $-58.78M $49.42M $7.47M $-20.39M $-98.71M $-101.11M $-38.51M
Operating Cash Flow $186.05M $253.94M $170.31M $84.88M $174.27M $322.83M $170.56M
Capital Expenditure $26.39M $50.92M $31.26M $17.92M $15.64M $65.31M $51.31M
Acquisitions $-1.82M $484.16M $37.86M $37.86M $6.40M $4.83M $1.02M
Investing Cash Flow $-20.86M $-531.07M $-66.48M $-54.21M $-123.55M $-62.30M $-45.38M
Debt Repayment $3.79M $21.07M $17.27M $6.61M $6.61M $19.93M $13.32M
Stock Repurchased $25.65M $48.55M $43.85M $43.85M $20.00M $50.60M $30.14M
Financing Cash Flow $-80.87M $-80.67M $-68.66M $-56.22M $-34.65M $-83.97M $-56.76M
Net Change in Cash $84.33M $-357.80M $35.18M $-25.55M $16.07M $176.56M $68.42M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $689.02M - $1.73B -
Cost of Revenue $518.80M - $1.33B -
Gross Profit $170.22M - $408.20M -
Operating Income $125.31M - $285.95M -
Income Tax Expense $30.52M - $72.96M -
Net Income $92.09M $54.57M $202.56M -
Basic EPS 3.02 - 6.64 -
Diluted EPS 2.97 - 6.56 -
Basic Shares Outstanding $30.52M - $30.49M -
Diluted Shares Outstanding $30.96M - $30.88M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $306.39M $664.20M
Other Current Assets $52.76M $17.38M
Total Current Assets $963.15M $1.02B
Goodwill $580.56M $264.60M
Intangible Assets $561.72M $316.39M
Other Non-current Assets $16.06M $17.04M
Total Assets $2.56B $2.02B
Accounts Payable $198.32M $130.42M
Deferred Revenue $616.27M $508.85M
Other Current Liabilities $54.03M $19.00M
Total Current Liabilities $966.79M $741.96M
Long-term Debt $279.48M $289.90M
Deferred Tax Liabilities $118.62M $109.36M
Other Non-current Liabilities $68.80M $16.62M
Total Liabilities $1.48B $1.19B
Common Stock $315.00K $312.00K
Retained Earnings $785.05M $582.50M
Treasury Stock $103.75M $63.12M
Total Stockholders Equity $1.05B $808.08M
Total Liabilities & Equity $2.56B $2.02B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $92.09M $54.57M $202.56M -
Depreciation & Amortization - - $54.53M -
Stock-based Compensation - - $18.24M -
Change in Working Capital - - $49.42M -
Operating Cash Flow - - $253.94M -
Capital Expenditure - - $50.92M -
Acquisitions - - $484.16M -
Investing Cash Flow - - $-531.07M -
Debt Repayment - - $21.07M -
Stock Repurchased - - $48.55M -
Financing Cash Flow - - $-80.67M -
Net Change in Cash - - $-357.80M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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