Sterling posts Q4 revenue of USD 755.6 million, up 51%

Reuters02-26
Sterling posts Q4 revenue of USD 755.6 million, up 51%

Sterling Infrastructure said Q4 2025 revenue rose to USD 755.6 million (+51%), with net income of USD 87.6 million and diluted EPS of USD 2.81. Q4 adjusted net income was USD 96.0 million (+78%) and adjusted diluted EPS was USD 3.08 (+78%), while EBITDA was USD 140.6 million and adjusted EBITDA was USD 142.1 million (+70%). The company noted that following the deconsolidation of its RHB joint venture in Q4 2024, RHB revenue and backlog are no longer included in consolidated results; Q4 2024 included a one-time pre-tax gain of USD 91.0 million related to RHB. For FY 2025, revenue was USD 2.49 billion (+18%), net income was USD 290.2 million and diluted EPS was USD 9.38; adjusted net income was USD 336.7 million (+53%) and adjusted diluted EPS was USD 10.88. FY 2025 EBITDA was USD 472.0 million (+15%) and adjusted EBITDA was USD 503.8 million (+47%). Operating cash flow for FY 2025 was USD 440.0 million and cash and cash equivalents were USD 390.7 million at Dec. 31, 2025. Backlog at Dec. 31, 2025 was USD 3.01 billion (+78%) and combined backlog was USD 3.31 billion (+81%), including unsigned awards of USD 300.7 million. Sterling said the CEC acquisition contributed USD 129.1 million to Q4 revenue and USD 488.9 million to backlog (USD 715.2 million to combined backlog). Segment highlights included E-Infrastructure Solutions Q4 revenue of USD 521.0 million (+123%) and Transportation Solutions Q4 revenue of USD 152.7 million (+24%), while Building Solutions Q4 revenue was USD 81.9 million (-9%). Sterling also reported Q4 share repurchases of USD 25.7 million at an average price of USD 310.09 per share and issued FY 2026 guidance for revenue of USD 3.05 billion to USD 3.20 billion and diluted EPS of USD 11.65 to USD 12.25 (adjusted diluted EPS of USD 13.45 to USD 14.05).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sterling Infrastructure Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602251605PR_NEWS_USPR_____DA95881) on February 25, 2026, and is solely responsible for the information contained therein.

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