Sterling Infrastructure Q2 GAAP net income more than doubles to $155.83 million; revenue rises 90% to $1.17 billion

Reuters2026/08/03 20:12

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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 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.
Raised 2026 guidance to revenue of $4.00 billion-$4.15 billion, net income of $536 million-$555 million, diluted EPS of $17.25-$17.85.

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: 202608031605PR_NEWS_USPR_____DA17970) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sterling Infrastructure Q2 GAAP net income more than doubles to $155.83 million; revenue rises 90% to $1.17 billion

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