Sterling Infrastructure revenue and financials
$563.69Change from previous close: +7.71%Absolute change: +$40.36
In the fiscal year ended December 2025, Sterling Infrastructure reported revenue of $2.49B (+17.69% year over year). Net income was $290.15M, a net margin of 11.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +17.69%
- 2025 vs 2024
- Net income growth
- +12.70%
- 2025 vs 2024
- Net margin
- 11.7%
- 2024: 12.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 162 | 166 | 186 | 83.6 | 85.4 | 84.9 | 174 | 152 | 121 | 49.6 | 147 | 150 |
| Depreciation and amortization | 25.0 | 23.0 | 22.6 | 19.9 | 17.6 | 17.0 | 17.9 | 17.4 | 16.9 | 16.3 | 14.9 | 14.9 |
| Capital expenditure | -50.0 | -19.6 | -26.4 | -19.7 | -13.3 | -17.9 | -15.6 | -14.0 | -28.9 | -22.4 | -15.1 | -10.4 |
| Investing cash flow | -189 | -17.7 | -20.9 | -465 | -12.3 | -54.2 | -124 | -16.9 | -24.3 | -21.0 | -62.1 | -9.3 |
| Financing cash flow | -21.0 | -26.7 | -80.9 | -12.0 | -12.4 | -56.2 | -34.7 | -27.2 | -37.1 | -19.7 | -23.1 | -9.5 |
| Share repurchases | -24.2 | -23.0 | -37.0 | -8.2 | -0.4 | -49.6 | -28.0 | -20.6 | -30.4 | -13.0 | -5.0 | -0.3 |
| Debt issued | — | — | — | — | — | — | — | — | — | — | 2.6 | — |
| Debt repaid | -3.8 | -3.8 | -3.8 | -3.8 | -10.7 | -6.6 | -6.6 | -6.6 | -6.6 | -6.7 | -16.6 | -9.3 |
| Net change in cash | -47.4 | 121 | 84.3 | -393 | 60.7 | -25.5 | 16.1 | 108 | 59.6 | 8.9 | 62.2 | 131 |
| Free cash flow | 112 | 146 | 160 | 64.0 | 72.1 | 67.0 | 159 | 138 | 92.1 | 27.2 | 132 | 140 |
| Levered free cash flow | 55.0 | 122 | 142 | 29.9 | 52.3 | 53.3 | 24.1 | 120 | 70.8 | 27.6 | 125 | 128 |