Sterling Infrastructure jumps after record Q1 results and sharply higher 2026 outlook
Sterling Infrastructure shares are surging after reporting record Q1 2026 results and boosting full-year 2026 guidance well above prior expectations. The company posted $825.7 million in Q1 revenue (+92% year over year) and raised FY26 adjusted EPS guidance to $18.40–$19.05.
1. What’s moving the stock
Sterling Infrastructure (STRL) is ripping higher today as investors react to a blowout quarter and a major step-up in 2026 targets. The company reported record first-quarter 2026 results and lifted full-year 2026 guidance, signaling faster growth and stronger profitability than the market had been pricing in. (nasdaq.com)
2. The headline numbers
For Q1 2026, Sterling reported revenue of $825.7 million (+92% year over year), net income of $96.0 million ($3.09 diluted EPS), adjusted net income of $111.3 million ($3.59 adjusted diluted EPS), and EBITDA of $155.2 million. It also generated $165.6 million of operating cash flow in the quarter. (nasdaq.com)
3. Guidance reset is the key catalyst
Sterling raised full-year 2026 guidance to revenue of $3.70–$3.80 billion and adjusted EPS of $18.40–$19.05. The magnitude of the guidance increase is driving the repricing today, as the new outlook implies materially higher earnings power than many investors had modeled. (nasdaq.com)
4. What to watch next
Attention now turns to management’s Q1 2026 conference call (scheduled for May 5, 2026), where investors will look for details on demand trends, margin sustainability, and the pace of execution across the portfolio—including contributions from the acquired CEC business that added $156.1 million of Q1 revenue. (nasdaq.com)