Sterling Infrastructure Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,490	2,116	1,972	1,769	1,414
Revenue Growth (YoY)	17.69%	7.28%	11.46%	25.10%	15.30%
Cost of Revenue	1,918	1,690	1,635	1,495	1,211
Gross Profit	572.31	426.12	337.64	274.57	203.53
Selling, General & Admin	154.81	118.42	98.7	86.48	69.15
Depreciation & Amortization Expenses	22.19	17.04	15.23	14.1	11.46
Other Operating Expenses	26.53	-20.44	-16.84	14.12	15.9
Operating Income	368.79	311.1	240.55	159.87	107.01
Interest Income	22.35	27.62	14.14	0.89	0.05
Interest Expense	-19.79	-25.26	-29.32	-20.59	-19.31
Other Non-Operating Income (Expense)	0.73	86.53	0.67	-	1.06
Total Non-Operating Income (Expense)	3.29	88.9	-14.51	-19.71	-18.2
Pretax Income	372.08	400	226.04	140.16	88.81
Provision for Income Taxes	98.75	87.36	47.77	41.71	24.87
Net Income	290.15	257.46	138.66	106.46	62.65
Minority Interest in Earnings	-19.57	-13.46	-4.19	-1.74	-2.48
Earnings From Discontinued Operations	-	-	-	9.74	1.19
Net Income to Common	290.15	257.46	138.66	106.46	62.65
Net Income Growth	12.70%	85.69%	30.24%	69.94%	48.08%
Shares Outstanding (Basic)	31	31	31	30	29
Shares Outstanding (Diluted)	31	31	31	31	29
Shares Change (YoY)	-0.64%	-0.20%	2.11%	5.03%	3.21%
EPS (Basic)	9.50	8.35	4.51	3.53	2.19
EPS (Diluted)	9.38	8.27	4.44	3.48	2.15
EPS Growth	13.42%	86.26%	27.59%	61.86%	40.52%
Free Cash Flow	362.68	416.15	414.21	158.21	112.28
Free Cash Flow Growth	-12.85%	0.47%	161.81%	40.90%	24.71%
Free Cash Flow Per Share	11.72	13.36	13.27	5.18	3.86
Gross Margin	22.98%	20.14%	17.12%	15.52%	14.39%
Operating Margin	14.81%	14.70%	12.20%	9.04%	7.57%
Profit Margin	12.44%	12.80%	7.24%	5.56%	4.52%
FCF Margin	14.57%	19.67%	21.00%	8.94%	7.94%
EBITDA	445.9	379.51	297.95	211.94	141.21
EBITDA Margin	17.91%	17.94%	15.11%	11.98%	9.98%
EBIT	368.79	311.1	240.55	159.87	107.01
EBIT Margin	14.81%	14.70%	12.20%	9.04%	7.57%
Effective Tax Rate	26.54%	21.84%	21.13%	29.76%	28.01%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.