Sterling Infrastructure (STRL) Q1 Revenue Soars 92% to $825.7M

Sterling Infrastructure Inc. (NASDAQ:STRL) is one of the best engineering stocks to buy in 2026. On May 4, Sterling Infrastructure reported results for Q1 2026, with revenues soaring 92% to $825.7 million. This growth was fueled by a 55% organic increase alongside the contribution of the recently acquired CEC business, which added $156.1 million to the quarter’s revenue. Net income surged 143% to $96.0 million, or $3.09 per diluted share, while adjusted EBITDA reached $166.6 million.

CEO Joe Cutillo noted that bid & award activity remained exceptionally strong, highlighted by a major award for a multi-year semiconductor fabrication campus and significant new projects for CEC. The E-Infrastructure Solutions segment was a primary driver of this momentum, achieving 174% revenue growth. Mission-critical projects, such as data centers and advanced manufacturing facilities, now represent over 90% of the segment’s backlog, as Sterling successfully integrates its site development expertise with CEC’s electrical services.

Photo by ThisisEngineering RAEng on Unsplash

Based on this start and increased visibility into a total addressable pool of work approaching $6.5 billion, Sterling Infrastructure Inc. (NASDAQ:STRL) now expects annual revenue to range between $3.70 billion and $3.80 billion, with adjusted diluted EPS projected between $18.40 and $19.05. While the Building Solutions segment faces near-term challenges due to housing affordability constraints, the steady performance in Transportation Solutions and the rapid expansion of E-Infrastructure have positioned Sterling for a year of significant margin expansion and sustained value creation.

Sterling Infrastructure Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions across the US.

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