Sterling Reports Record Third Quarter Results and Raises Full Year 2026 Guidance

Sterling outlines $4.63B-$4.73B 2026 revenue outlook as total scoped work reaches nearly $8B (NASDAQ:STRL)

Sterling Infrastructure Q3 2026 earnings: EPS surged 118%, guidance rose, and data center demand fueled an $8B pipeline.

Sterling Grows 127% as Signed Backlog Dips: Rapid Earnings Reaction

Sterling’s revenue more than doubled on data center demand, and it raised guidance. But it burned through signed contracts faster than it added them. Here’s what that means for the growth story.

Sterling Infrastructure (NASDAQ:STRL) Issues Quarterly Earnings Results

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) released its quarterly earnings data on Wednesday. The construction company reported $7.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.20 by $1.38. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.19 billion. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.

Sterling Reports Record Third Quarter Results and Raises Full Year 2026 Guidance

THE WOODLANDS, Texas, Oct. 28, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced strong financial results for the third quarter of 2026.