Every 8-K that Sterling Infrastructure, Inc. (STRL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow STRL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STRL filings page.
Sterling Infrastructure reported record second quarter 2026 results, with revenue of $1.17 billion, up 90% year over year, including $250.8 million from acquisitions. Net income rose 120% to $155.8 million, or $5.00 per diluted share, and EBITDA doubled to $233.6 million.
Adjusted net income was $180.8 million, or $5.80 diluted EPS, and adjusted EBITDA reached $256.7 million, up 104%. Operating cash flow for the first half totaled $328.0 million, and cash and cash equivalents were $464.5 million. Backlog was $4.33 billion and combined backlog $5.62 billion at June 30, 2026.
Management highlighted roughly 50% organic revenue growth and strong performance in E‑Infrastructure Solutions, where revenue increased 192%. Full year 2026 guidance was raised to revenue of $4.00–$4.15 billion, net income of $536–$555 million, diluted EPS of $17.25–$17.85, and adjusted EBITDA of $891–$916 million.
Sterling Infrastructure, Inc. reported that on July 6, 2026, its General Counsel, Chief Compliance Officer and Corporate Secretary, Mark D. Wolf, notified the company of his intention to retire later in the year. He is expected to remain in his current roles and assist with the transition, indicating a planned and orderly leadership change in the company’s legal, compliance, and corporate governance functions.
Sterling Infrastructure, Inc. entered into a Second Amended and Restated Credit Agreement that extends its main credit facility to $1.5 billion of revolving capacity maturing in July 2031. This represents an increase in borrowing capacity of $1.05 billion compared to the prior facilities, giving the company significantly more committed liquidity for refinancing debt, capital spending, acquisitions and general corporate purposes.
The amended agreement also raises the base size of the incremental facility to $500 million and allows additional borrowing tied to EBITDA and leverage tests, while eliminating the 10-basis-point SOFR adjustment and lowering pricing margins based on the company’s Total Net Leverage Ratio. Key financial covenants require leverage not above 3.50x, with limited “covenant holiday” flexibility up to 4.00x around large acquisitions, and an Interest Coverage Ratio of at least 3.00x. As of July 2, 2026, Sterling had $90 million outstanding under the new revolving loans.
Sterling Infrastructure, Inc. has closed the acquisition of Stone Ridge Contracting, LLC, a Pocatello, Idaho-based site development contractor that will join Sterling’s E-Infrastructure Solutions segment. Stone Ridge provides heavy civil, concrete and construction management services to data centers, mining and industrial infrastructure customers.
Stone Ridge is expected to generate full-year 2026 revenue between $180 million and $200 million with EBITDA margins described as in the mid-teens. The deal expands Sterling’s E-Infrastructure footprint across Idaho, Oregon, North Dakota, Washington and Texas. The upfront purchase price is a mix of cash and Sterling common stock, with an additional earn-out opportunity tied to EBITDA targets through December 31, 2031.
Sterling Infrastructure, Inc. updated its CEO employment agreement and long-term incentives. The Board approved a first amendment to Joseph A. Cutillo’s amended and restated executive employment agreement, extending his employment term with the company through December 31, 2027.
In connection with this amendment, Cutillo received a special grant of 40,000 restricted stock units. These RSUs vest upon the earlier of the successful onboarding of his successor as CEO, as determined by the Board, or his continued employment through December 31, 2027, and also vest upon a change of control or certain termination events such as death, disability, termination without cause, or resignation for good reason.
Sterling Infrastructure, Inc. reported results of its annual stockholder meeting. Stockholders elected eight directors, including William T. Bosway and Joseph A. Cutillo, to serve until the next annual meeting or until their successors are elected.
Stockholders approved, on an advisory basis, the compensation of the company’s named executive officers and ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for 2026. Of the 30,680,734 common shares outstanding as of the record date, 26,932,290 were represented in person or by proxy at the meeting.
Sterling Infrastructure, Inc. reported record first quarter 2026 results and raised its full-year outlook. Revenue reached $825.7 million, up 92% from a year ago, with the acquired CEC business contributing $156.1 million and organic growth over 55%. Net income attributable to common stockholders rose to $96.0 million, or $3.09 diluted EPS, while adjusted diluted EPS increased to $3.59, up 120%.
Adjusted EBITDA was $166.6 million, up 107%, with margins just over 20%. Operating cash flow was strong at $165.6 million, and cash and cash equivalents were $511.9 million at March 31, 2026. Signed backlog reached $3.80 billion, up 78%, and combined backlog was $5.15 billion, up 131%, supported by large mission-critical E‑Infrastructure awards and contributions from CEC.
Management raised full-year 2026 guidance to revenue of $3.70–$3.80 billion, net income of $513–$533 million, diluted EPS of $16.50–$17.15, and adjusted EBITDA of $843–$873 million. At the midpoint, this implies year-over-year growth of 51% in revenue, 72% in adjusted diluted EPS, and 70% in adjusted EBITDA.
Sterling Infrastructure, Inc. furnished its 2026 Sustainability Report, highlighting strong 2025 financial and ESG performance. The company reports 32% adjusted revenue growth, 47% adjusted EBITDA growth, and 53% adjusted EPS growth, supported by $440 million in operating cash flow and a $100 million net cash position as of December 31, 2025.
The report details a safety-first culture, with a 2025 Total Recordable Incident Rate of 0.46 and zero fatalities, alongside extensive training and technology-driven safety programs. Sterling also emphasizes human capital development, diversity, robust governance, cybersecurity aligned with the NIST framework, and environmental initiatives such as drone-enabled planning, Tier IV equipment, and participation in the UN Global Compact and SDG-aligned projects.
Sterling Infrastructure reported strong Q4 and full-year 2025 results and raised its outlook for 2026. 2025 revenue reached $2.49 billion, up 17.7% on a GAAP basis and 32.5% excluding the deconsolidated RHB joint venture. Net income attributable to common stockholders was $290.2 million, or $9.38 diluted EPS.
Adjusted net income rose to $336.7 million, with adjusted diluted EPS of $10.88, both up 53% from 2024. Adjusted EBITDA grew to $503.8 million, a 47% increase, and adjusted EBITDA margin exceeded 20%. Backlog at December 31, 2025 was $3.01 billion, up 78%, with combined backlog of $3.31 billion.
Management issued 2026 guidance calling for revenue of $3.05–$3.20 billion, net income of $365–$384 million, adjusted net income of $422–$441 million, and adjusted EBITDA of $626–$659 million. This implies mid‑20% growth in revenue, adjusted EPS, and adjusted EBITDA versus 2025.
Sterling Infrastructure, Inc. announced that its Board authorized a new stock repurchase program to buy up to $400 million of the company’s outstanding common stock over the next 24 months, effective today.
This authorization replaces the prior program adopted in December 2023, which was set to expire on December 5, 2025. The company furnished a press release as Exhibit 99.1 providing further details.
Sterling Infrastructure, Inc. (STRL) filed an 8-K noting Items 2.02 and 7.01. The company furnished a press release and presentation related to results of operations and provided a Regulation FD update.
Exhibits include 99.1 (press release, dated November 3, 2025) and 99.2 (presentation slides, dated November 4, 2025). The common stock trades on The NASDAQ Stock Market under the symbol STRL.
Sterling Infrastructure, Inc. reported that Executive Vice President Ronald A. Ballschmiede plans to retire from the company.
On September 23, 2025, he notified Sterling that he will retire from all positions with the company and its subsidiaries, effective September 24, 2025. His expected 2025 retirement had been previously disclosed.
Sterling Infrastructure, Inc. filed a current report to furnish presentation materials it will use in an investor presentation. The slides, attached as Exhibit 99.1, relate to the company’s business and financial performance and are incorporated into the report by reference.
The company specifies that the information furnished under Regulation FD is not considered “filed” under the Exchange Act or Securities Act, unless specifically stated otherwise, which limits certain legal liabilities. The filing is signed by the Chief Financial Officer, Nicholas Grindstaff.
Sterling Infrastructure has announced a major acquisition agreement to purchase substantially all assets of CEC Facilities Group and its subsidiary MCEC for $505 million. The deal structure includes:
- $450 million in cash
- 285,275 shares of Sterling common stock valued at $55 million
- Potential additional earn-out payments up to $80 million based on performance metrics through 2029
CEC Facilities provides electrical, mechanical, and technological design, construction, installation, and maintenance services across the United States. The acquisition includes key employee retention agreements with 5-year terms and customary representations and warranties insurance. The transaction is expected to close in Q3 2025, subject to Hart-Scott-Rodino antitrust approval and other customary conditions.
The issued shares will be subject to lock-up agreements: 25% for 12 months and 75% for 18 months post-closing. This strategic acquisition significantly expands Sterling's service capabilities and national presence in infrastructure services.