Sterling raises 2026 guidance after Q1 revenue rises 92% to $825.7 million
Sterling Infrastructure reported first quarter 2026 revenue of $825.7 million, up 92%, and net income of $96.0 million, or $3.09 per diluted share, up 141%. The company raised its full year 2026 guidance, now calling for revenue of $3.70 billion to $3.80 billion and diluted EPS of $16.50 to $17.15, with the CEC acquisition a major contributor to growth.
Key points
- Q1 2026 revenue of $825.7 million, up 92%; CEC contributed $156.1 million
- Net income of $96.0 million, or $3.09 per diluted share; adjusted diluted EPS of $3.59, up 120%
- Full year 2026 guidance: revenue of $3.70 billion to $3.80 billion; adjusted diluted EPS of $18.40 to $19.05
- Building Solutions adjusted operating income fell 42%, and management expects challenging conditions through 2026
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.