Sterling raises 2026 guidance after second-quarter revenue rises 90% to $1.17 billion
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.
Key points
- 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
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 August 03, 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.