STERLING INFRASTRUCTURE, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that STERLING INFRASTRUCTURE, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $253.91M | Mar 6, 2018 |
| FY2017 | Sep 30, 2017 | $304.22M | Mar 6, 2018 |
| FY2017 | Jun 30, 2017 | $246.41M | Mar 6, 2018 |
| FY2017 | Mar 31, 2017 | $153.42M | Mar 6, 2018 |
| FY2017 | Dec 31, 2016 | $168.35M | Mar 6, 2018 |
| FY2017 | Sep 30, 2016 | $205.63M | Mar 6, 2018 |
| FY2017 | Jun 30, 2016 | $189.58M | Mar 6, 2018 |
| FY2017 | Mar 31, 2016 | $126.57M | Mar 6, 2018 |
| FY2016 | Dec 31, 2015 | $152.49M | Mar 9, 2017 |
| FY2016 | Sep 30, 2015 | $176.00M | Mar 9, 2017 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.49B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.12B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.97B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.77B | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $1.41B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $1.23B | Feb 28, 2023 |
| FY2022 | Jun 30, 2020 | $345.67M | Feb 28, 2023 |
| FY2019 | Dec 31, 2019 | $346.54M | Mar 3, 2020 |
| FY2019 | Sep 30, 2019 | $291.70M | Mar 3, 2020 |
| FY2019 | Jun 30, 2019 | $264.09M | Mar 3, 2020 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $572.31M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $426.12M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $337.64M | Feb 26, 2026 |
| FY2022 | Dec 31, 2022 | $68.97M | Feb 28, 2023 |
| FY2022 | Sep 30, 2022 | $79.44M | Feb 28, 2023 |
| FY2022 | Jun 30, 2022 | $71.01M | Feb 28, 2023 |
| FY2022 | Mar 31, 2022 | $55.15M | Feb 28, 2023 |
| FY2022 | Dec 31, 2021 | $52.51M | Feb 28, 2023 |
| FY2022 | Sep 30, 2021 | $54.88M | Feb 28, 2023 |
| FY2022 | Jun 30, 2021 | $53.66M | Feb 28, 2023 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $290.15M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $257.46M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $138.66M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $106.46M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $62.65M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $42.31M | Feb 28, 2023 |
| FY2017 | Dec 31, 2017 | $11.62M | Mar 6, 2018 |
| FY2017 | Dec 31, 2016 | ($9.24M) | Mar 6, 2018 |
| FY2015 | Dec 31, 2015 | ($1.12M) | Mar 14, 2016 |
| FY2015 | Sep 30, 2015 | $256.0K | Mar 14, 2016 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $405.92M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $264.62M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $205.80M | Feb 26, 2026 |
| FY2022 | Dec 31, 2022 | $37.04M | Feb 28, 2023 |
| FY2022 | Sep 30, 2022 | $49.48M | Feb 28, 2023 |
| FY2022 | Jun 30, 2022 | $43.99M | Feb 28, 2023 |
| FY2022 | Mar 31, 2022 | $29.36M | Feb 28, 2023 |
| FY2022 | Dec 31, 2021 | $20.06M | Feb 28, 2023 |
| FY2022 | Sep 30, 2021 | $32.01M | Feb 28, 2023 |
| FY2022 | Jun 30, 2021 | $32.51M | Feb 28, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $439.99M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $497.10M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $478.58M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $219.12M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $158.93M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $122.90M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $42.07M | Mar 24, 2022 |
| FY2020 | Dec 31, 2018 | $39.47M | Mar 3, 2021 |
| FY2019 | Dec 31, 2017 | $24.77M | Mar 3, 2020 |
| FY2018 | Dec 31, 2016 | $44.27M | Mar 5, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $77.31M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $80.95M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $64.38M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $60.91M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $46.65M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $32.86M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $15.40M | Mar 24, 2022 |
| FY2020 | Dec 31, 2018 | $13.17M | Mar 3, 2021 |
| FY2019 | Dec 31, 2017 | $9.42M | Mar 3, 2020 |
| FY2018 | Dec 31, 2016 | $10.89M | Mar 5, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.63B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.02B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.78B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $1.44B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $1.23B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $952.69M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | $934.69M | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | $482.57M | Mar 3, 2020 |
| FY2018 | Dec 31, 2017 | $463.30M | Mar 5, 2019 |
| FY2017 | Dec 31, 2016 | $301.82M | Mar 6, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.53B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.19B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.15B | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $963.82M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $874.55M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $683.97M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | $713.48M | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | $310.31M | Mar 3, 2020 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.11B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $808.08M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $618.91M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $474.60M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $358.77M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $267.27M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | $219.92M | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | $164.40M | Mar 3, 2020 |
| FY2018 | Dec 31, 2017 | $141.33M | Mar 5, 2019 |
| FY2017 | Dec 31, 2016 | $107.43M | Mar 6, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $585.22M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $264.60M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $281.12M | Feb 26, 2026 |
| FY2023 | Dec 31, 2022 | $262.69M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $258.29M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $192.01M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | $191.89M | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | $85.23M | Mar 3, 2020 |
| FY2018 | Dec 31, 2017 | $85.23M | Mar 5, 2019 |
| FY2017 | Dec 31, 2016 | $54.82M | Mar 6, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $872.65M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $582.50M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $325.03M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | $186.38M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $79.92M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $17.27M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | ($25.03M) | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | ($64.93M) | Mar 3, 2020 |
| FY2018 | Dec 31, 2017 | ($90.12M) | Mar 5, 2019 |
| FY2017 | Dec 31, 2016 | ($101.74M) | Mar 6, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $390.72M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $664.20M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $471.56M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $181.54M | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | $60.95M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $47.66M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $45.73M | Mar 24, 2022 |
| FY2019 | Dec 31, 2018 | $94.10M | Mar 3, 2020 |
| FY2018 | Dec 31, 2017 | $83.95M | Mar 5, 2019 |
| FY2018 | Dec 31, 2016 | $42.79M | Mar 5, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $90.14M | Mar 6, 2018 |
| FY2017 | Dec 31, 2016 | $5.39M | Mar 6, 2018 |
| FY2016 | Dec 31, 2015 | $20.18M | Mar 9, 2017 |
| FY2015 | Dec 31, 2014 | $37.99M | Mar 14, 2016 |
| FY2014 | Dec 31, 2013 | $8.47M | Mar 16, 2015 |
| FY2013 | Dec 31, 2012 | $24.27M | Mar 17, 2014 |
| FY2012 | Dec 31, 2011 | $836.0K | Mar 18, 2013 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Feb 28, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 3, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Feb 26, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Feb 28, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 3, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 3, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 30.68M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 30.67M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 30.93M | Feb 26, 2025 |
| FY2023 | Dec 31, 2022 | 30.59M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | 29.84M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 28.18M | Mar 24, 2022 |
| FY2020 | Dec 31, 2019 | 27.77M | Mar 3, 2021 |
| FY2019 | Dec 31, 2018 | 26.60M | Mar 3, 2020 |