STRL Q3 2025: Revenue Surges, EPS Soars

**Sterling Infrastructure Reports Stellar Q3 2025 Results, Fueled by E-Infrastructure Boom and Strong Backlog**

[Your City/Region], [Your State] – October 24, 2025 – Sterling Infrastructure (NASDAQ: STRL), a leading provider of infrastructure solutions, today announced exceptionally strong financial results for the third quarter of 2025, significantly exceeding analyst expectations and demonstrating robust growth across all its key segments. The company reported a significant 32% surge in revenue, reaching $640.4 million, with adjusted earnings per share (EPS) rocketing 58% year-over-year to $1.64. The impressive performance sent the company’s stock up an initial 4% in after-hours trading.

The strong top-line growth translated directly to healthy bottom-line improvements. Net income for the quarter saw a substantial 47% increase year-over-year, landing at $51.7 million. Adjusted EBITDA climbed by an impressive 54% to $99.7 million, while operating income saw a 52% boost, reaching $73.3 million. Even gross profit experienced a substantial 45% increase to $123.6 million, pushing the gross margin to 19.3% from 17.5% in the prior year, indicating improved operational efficiency and pricing power.

Sterling’s diversified business model contributed to the strong quarter, with all three segments reporting double-digit revenue and operating income growth.
* **Transportation Solutions**, which focuses on designing, building, and rehabilitating highways, roads, bridges, and aviation infrastructure, reported a 34% revenue increase to $255.7 million, alongside a 55% jump in operating income to $31.9 million. This segment continues to benefit from ongoing federal and state infrastructure investments aimed at modernizing aging networks.
* The **E-Infrastructure Solutions** segment, a clear strategic focus for Sterling, demonstrated even stronger growth. This segment specializes in constructing large-scale data centers, e-commerce distribution centers, and other critical facilities that form the backbone of the digital economy. It saw its revenue climb by an impressive 35% to $326.6 million, with operating income up 52% to $64.4 million. The burgeoning demand for artificial intelligence (AI) and cloud computing services is driving unprecedented investment in data center infrastructure, a market where Sterling has established a significant leadership position.
* **Building Solutions**, which provides site development, concrete, and asphalt paving services for residential and commercial projects, contributed positively with revenue growing 15% to $58.1 million and operating income up 25% to $11.7 million.

These strong performances across the board pushed the company’s total backlog across all segments to a robust $1.56 billion. This significant backlog provides a clear pipeline of future revenue and underscores the sustained demand for Sterling’s services. Specifically, Transportation Solutions holds $803 million in backlog, E-Infrastructure Solutions has $605 million, and Building Solutions contributes $155 million.

Joe Cutillo, CEO of Sterling Infrastructure, highlighted the excellent results, noting the company’s strong operational momentum and consistent cash flow generation. “Our third quarter results are a testament to our team’s dedication and our strategic focus on high-growth, high-margin markets,” Cutillo stated in a press release. “We continue to solidify our leadership in the data center market through our E-Infrastructure segment, which is experiencing incredible demand. We also saw solid contributions from our Transportation and Building Solutions segments, reinforcing the strength and diversification of our business.”

The company’s performance has likely caught the attention of financial analysts, who had projected lower earnings. Surpassing these estimates often leads to positive adjustments in future ratings and price targets. For more detailed investor information, visit Sterling Infrastructure Investor Relations.

Looking ahead, Sterling Infrastructure is projecting full-year 2025 revenue to be between $2.05 billion and $2.15 billion. They’re also forecasting adjusted EBITDA in the range of $300 million to $320 million, with adjusted EPS expected to land between $4.90 and $5.10. These optimistic projections signal continued confidence in their market position and operational strategies, especially within the rapidly expanding E-Infrastructure sector. Industry observers, for example, note the explosive growth in data center construction, a trend Sterling is well-positioned to capitalize on, as detailed in reports like Data Center Market Outlook.

Sterling Infrastructure, headquartered in The Woodlands, Texas, provides a diverse range of infrastructure services primarily in the U.S. Its work is critical to the development and maintenance of essential public and private infrastructure, from complex transportation projects to the sophisticated facilities required for the digital age.

*Forward-Looking Statements: This news story contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on current expectations, estimates, and projections about the company’s business and include, without limitation, statements regarding expected revenue, adjusted EBITDA, and adjusted EPS for full-year 2025. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified, which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.*