Filing Flows › Sterling Infrastructure (STRL) › Guidance history
Sterling Infrastructure (STRL) guidance history: what it guided and what it reported
Sterling Infrastructure gave guidance in 12 earnings releases on file since Feb 26, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 2, on average +1.2% against the guided midpoint. Its releases raised guidance 10 times and lowered it 0 times.
Revenue
Met or beat 1 of 2 periods (1 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.0B–$3.2B (Feb 25, 2026) → raised $3.7B–$3.8B (May 4, 2026) → raised $4.0B–$4.2B (Aug 3, 2026) → raised $4.6B–$4.7B (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $2.0B–$2.1B (May 5, 2025) → raised $2.1B–$2.1B (Aug 4, 2025) → raised $2.4B–$2.4B (Nov 3, 2025) | $2.5B | above the range | +4.5% |
| FY2024 | $2.1B–$2.2B (Feb 26, 2024) → raised $2.1B–$2.2B (Aug 5, 2024) → lowered $2.1B–$2.2B (Nov 6, 2024) | $2.1B | below the range | -2.2% |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 21.4% (Feb 25, 2025) → raised 23.0% (Aug 4, 2025) → raised 25.0% (Nov 3, 2025) | — | — | — |
| FY2024 | 19.3% (Aug 5, 2024) | — | — | — |
Net income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $155M–$165M (Feb 26, 2024) → raised $160M–$170M (May 6, 2024) → raised $175M–$180M (Aug 5, 2024) → raised $180M–$185M (Nov 6, 2024) | — | — | — |
Adjusted net income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $422M–$441M (Feb 25, 2026) → raised $572M–$592M (May 4, 2026) → raised $612M–$631M (Aug 3, 2026) → raised $675M–$683M (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $252M–$267M (Feb 25, 2025) → raised $262M–$278M (May 5, 2025) → raised $285M–$294M (Aug 4, 2025) → raised $321M–$326M (Nov 3, 2025) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $4.85–$5.15 (Feb 26, 2024) → raised $5.00–$5.30 (May 6, 2024) → raised $5.60–$5.75 (Aug 5, 2024) → raised $5.85–$6.00 (Nov 6, 2024) | — | — | — |
EBITDA
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $285M–$300M (Feb 26, 2024) → reaffirmed $285M–$300M (May 6, 2024) → raised $300M–$310M (Aug 5, 2024) → raised $310M–$315M (Nov 6, 2024) | — | — | — |
The latest quarter
Sterling Infrastructure, Q3 2026: revenue $1.6B (+127% year over year), operating margin 19.6%, net earnings $215M, operating cash flow $99.1M. The chart follows the revenue to costs, profit and cash.
Questions
Does Sterling Infrastructure beat its guidance?
Sterling Infrastructure gave guidance in 12 earnings releases on file since Feb 26, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 2, on average +1.2% against the guided midpoint.
How often does Sterling Infrastructure raise guidance?
Its earnings releases raised guidance 10 times and lowered it 0 times since Feb 26, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.