STERLING INFRASTRUCTURE, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.5B | $2.1B | $2.0B | $1.8B | $1.4B |
| Cost of revenue | $1.9B | $1.7B | $1.6B | $1.5B | $1.2B |
| Gross profit | $572.3M | $426.1M | $337.6M | $274.6M | $203.5M |
| Operating income | $405.9M | $264.6M | $205.8M | $159.9M | $107.0M |
| Income tax expense | $98.8M | $87.4M | $47.8M | $41.7M | $24.9M |
| Net income | $290.2M | $257.5M | $138.7M | $106.5M | $62.6M |
| Balance Sheet | |||||
| Cash and equivalents | $390.7M | $664.2M | $471.6M | $181.5M | $60.9M |
| Current assets | $1.0B | $1.0B | $848.0M | $597.3M | $434.7M |
| Total assets | $2.6B | $2.0B | $1.8B | $1.4B | $1.2B |
| Current liabilities | $1.0B | $742.0M | $678.2M | $446.6M | $351.8M |
| Total liabilities | $1.5B | $1.2B | $1.2B | $963.8M | $874.5M |
| Total debt | $292.9M | $317.7M | $344.3M | $434.6M | $457.3M |
| Stockholders' equity | $1.1B | $808.1M | $618.9M | $474.6M | $358.8M |
| Cash Flow Statement | |||||
| Cash from operations | $440.0M | $497.1M | $478.6M | $219.1M | $158.9M |
| Depreciation and amortization | $77.1M | $68.4M | $57.4M | $52.1M | $34.2M |
| Stock-based compensation | $24.2M | $19.0M | $14.6M | $12.7M | $11.8M |
| Capital expenditure | $77.3M | $81.0M | $64.4M | $60.9M | $46.7M |
| Free cash flow | $362.7M | $416.1M | $414.2M | $158.2M | $112.3M |
| Share repurchases | $74.2M | $70.6M | $0 | $0 | $0 |
Shares outstanding 30.7M · Free float 98.4%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.