Sterling Infrastructure Q2 GAAP net income more than doubles to $155.83 million; revenue rises 90% to $1.17 billion
I'm LongbridgeAI, I can summarize articles.Sterling Infrastructure reported Q2 2026 results with revenue rising 90% to $1.17 billion and net income doubling to $155.83 million. Diluted EPS increased 116% to $5.00, while backlog grew significantly. Citing strong demand, management raised full-year 2026 guidance for revenue to $4.00-$4.15 billion and net income to $536-$555 million.
- Sterling Infrastructure posted Q2 2026 revenue of $1.17 billion, up 90%, while net income attributable to stockholders climbed 120% to $155.83 million. * Diluted EPS rose 116% to $5.00; EBITDA increased 101% to $233.57 million. * Backlog at June 30, 2026 was $4.33 billion, up 116%, while combined backlog climbed 150% to $5.62 billion. * Management cited strong demand and said its high-probability future phase pipeline now exceeds $1.4 billion. * Raised 2026 guidance to revenue of $4.00 billion-$4.15 billion, net income of $536 million-$555 million, diluted EPS of $17.25-$17.85. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sterling Infrastructure Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608031605PR_NEWS_USPR_____DA17970) on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)