Oct 28, 4:16 PM ET
Sterling Infrastructure reported third quarter 2026 revenue of $1.56 billion, up 127% from a year earlier, and net income of $214.9 million, or $6.92 per diluted share, up 133%. The company raised its full year 2026 guidance, with revenue now expected at $4.63 billion to $4.73 billion and diluted EPS at $19.16 to $19.42.
- Q3 2026 revenue of $1.56 billion, up 127%; E-Infrastructure Solutions revenue of $1.30 billion, up 212%
- Q3 net income of $214.9 million, or $6.92 per diluted share, versus $2.97 a year earlier; adjusted diluted EPS of $7.58
- Transportation Solutions revenue fell 3.1% and Building Solutions revenue fell 5.4% in the quarter
- Full year 2026 guidance: revenue of $4.63 billion to $4.73 billion and diluted EPS of $19.16 to $19.42; conference call on October 29, 2026 at 9:00 a.m. ET
Read the filing on SEC.gov ↗
Aug 3, 4:05 PM ET
Sterling Infrastructure reported second-quarter 2026 revenue of $1.17 billion, up 90%, and net income of $155.8 million, or $5.00 per diluted share, compared with $2.31 a year earlier. The company also raised its full-year 2026 guidance, including revenue of $4.00 billion to $4.15 billion and diluted EPS of $17.25 to $17.85.
- Q2 2026 revenue was $1.17 billion, up 90%; acquisitions contributed $250.8 million
- Q2 2026 net income attributable to common stockholders was $155.8 million, or $5.00 per diluted share, versus $2.31 in Q2 2025
- Full-year 2026 guidance: revenue of $4.00 billion to $4.15 billion; adjusted diluted EPS of $19.70 to $20.30
- Total backlog was $4.33 billion at June 30, 2026, up 116%; management hosts a conference call on August 4, 2026 at 9:00 a.m. ET
Read the filing on SEC.gov ↗
Jul 10, 4:02 PM ET
Sterling Infrastructure disclosed that General Counsel, Chief Compliance Officer and Corporate Secretary Mark D. Wolf notified the company on July 6, 2026 of his intention to retire later this year. The filing says he will continue in his role and help with the transition, and it gives no financial figures or successor name.
- Mark D. Wolf notified the company of his retirement intention on July 6, 2026
- Wolf holds the roles of General Counsel, Chief Compliance Officer and Corporate Secretary
- He is expected to remain in his current role and assist with the transition
- The filing does not name a successor
Read the filing on SEC.gov ↗
Jul 8, 9:07 AM ET
Sterling Infrastructure entered into an amended credit agreement on July 2, 2026, raising its revolving borrowing capacity to $1.5 billion, an increase of $1.05 billion, and extending maturity to July 2031. As of July 2, 2026, the company had $90 million outstanding under the revolving loans, and the filing describes looser covenants and pricing changes that give the company more financial flexibility.
- Revolving capacity rises to $1.5 billion, an increase of $1.05 billion, with a $600 million letter of credit sublimit
- Maturity extended to July 2, 2031; BMO Bank N.A. is administrative agent
- Incremental facility base amount increased from $400 million to $500 million; SOFR 10 basis point adjustment eliminated
- Financial covenants include Total Net Leverage Ratio of no more than 3.50 to 1.00 and Interest Coverage Ratio of at least 3.00 to 1.00
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.