Sterling Infrastructure Q2 GAAP net income more than doubles to $155.83 million; revenue rises 90% to $1.17 billion
STRL•Q2 revenue and profit surge
Sterling Infrastructure posted Q2 2026 revenue of $1.17 billion, up 90%, while net income attributable to stockholders climbed 120% to $155.83 million.
Diluted EPS rose 116% to $5.00; EBITDA increased 101% to $233.57 million.
Backlog and guidance increase
Backlog at June 30, 2026 was $4.33 billion, up 116%, while combined backlog climbed 150% to $5.62 billion.
Management cited strong demand and said its high-probability future phase pipeline now exceeds $1.4 billion.
The company raised 2026 guidance to revenue of $4.00 billion-$4.15 billion, net income of $536 million-$555 million, and diluted EPS of $17.25-$17.85.
