Sterling Infrastructure (STRL) Cost of Revenue (2011 - 2026)
Sterling Infrastructure (STRL) posted quarterly Cost of Revenue of $631.4 million for Q1 2026, up 87.85% year-over-year from $336.1 million in Q1 2025, and up 6.74% quarter-over-quarter from $591.5 million in Q4 2025.
Analysis
Sterling Infrastructure (STRL) Cost of Revenue (2011 - 2026) Analysis & Trends
Sterling Infrastructure's Cost of Revenue history runs 16 years deep, the most recent figure standing at $631.4 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 87.85% year-over-year to $631.4 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 33.13% YoY), while the FY2025 annual figure was $1.9 billion, up 13.5% from the prior year.
- Cost of Revenue for Q1 2026 stood at $631.4 million, up from $591.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $631.4 million in Q1 2026, with the low at $310.8 million in Q1 2022.
- The 5-year median for Cost of Revenue is $413.6 million (2022), against an average of $433.4 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 100.34% in 2022, then retreated 7.52% in 2025.
- Sterling Infrastructure's Cost of Revenue stood at $379.6 million in 2022, then increased by 3.84% to $394.2 million in 2023, then decreased by 0.52% to $392.2 million in 2024, then jumped by 50.83% to $591.5 million in 2025, then gained by 6.74% to $631.4 million in 2026.
- Business Quant data shows STRL's Cost of Revenue at $631.4 million in Q1 2026, $591.5 million in Q4 2025, and $518.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 93.59 Bn | 93.08 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 2.42 Bn |
| 3 | Ferrovial | 41.73 Bn | 36.77 Bn | - | - |
| 4 | Emcor | 32.94 Bn | 32.02 Bn | 1.02 Bn | 4.13 Bn |
| 5 | Mastec | 18.38 Bn | 18.07 Bn | 556.28 Mn | 3.82 Bn |
| 6 | Jacobs Solutions | 17.40 Bn | 16.23 Bn | 810.70 Mn | 3.27 Bn |
| 7 | APi | 17.22 Bn | 16.37 Bn | 703.00 Mn | 1.55 Bn |
| 8 | Sterling Infrastructure | 14.27 Bn | 13.80 Bn | 289.96 Mn | 878.22 Mn |
| 9 | IES Holdings | 12.61 Bn | 12.22 Bn | 340.66 Mn | 902.04 Mn |
| 10 | Tetra Tech | 9.39 Bn | 9.16 Bn | 243.21 Mn | 865.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 878.22 Mn |
| Mar 31, 2026 | 631.38 Mn |
| Dec 31, 2025 | 591.50 Mn |
| Sep 30, 2025 | 518.80 Mn |
| Jun 30, 2025 | 471.33 Mn |
| Mar 31, 2025 | 336.11 Mn |
| Dec 31, 2024 | 392.16 Mn |
| Sep 30, 2024 | 463.94 Mn |
| Jun 30, 2024 | 470.08 Mn |
| Mar 31, 2024 | 363.46 Mn |
| Dec 31, 2023 | 394.22 Mn |
| Sep 30, 2023 | 468.48 Mn |
| Jun 30, 2023 | 430.05 Mn |
| Mar 31, 2023 | 341.84 Mn |
| Dec 31, 2022 | 379.64 Mn |
| Sep 30, 2022 | 413.60 Mn |
| Jun 30, 2022 | 390.82 Mn |
| Mar 31, 2022 | 310.81 Mn |
| Dec 31, 2021 | 189.49 Mn |
| Sep 30, 2021 | 405.65 Mn |