Sterling Infrastructure (STRL) Operating Expenses (2011 - 2026)

Sterling Infrastructure (STRL) posted quarterly Operating Expenses of $49.3 million for Q1 2026, up 41.5% year-over-year from $34.8 million in Q1 2025, and up 0.7% on a QoQ basis from $48.9 million in Q4 2025.

Sterling Infrastructure (STRL) Operating Expenses (2011 - 2026) Analysis & Trends

Sterling Infrastructure (STRL) has reported Operating Expenses for 16 consecutive years, with $49.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 41.5% year-over-year to $49.3 million; the TTM figure through Mar 2026 stood at $177.6 million (up 40.58% YoY), while the FY2025 annual figure was $163.1 million, up 37.27% from the prior year.
  • Operating Expenses came in at $49.3 million for Q1 2026 at Sterling Infrastructure, up from $48.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $49.3 million in Q1 2026, with the low at $20.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $30.5 million, with a median of $27.3 million recorded in 2024.
  • Across the five-year window, Operating Expenses advanced 13.57% in 2023 and soared 49.09% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $23.4 million in 2022, then rose by 13.96% to $26.6 million in 2023, then rose by 23.2% to $32.8 million in 2024, then jumped by 49.09% to $48.9 million in 2025, then climbed by 0.7% to $49.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $49.3 million, $48.9 million, and $42.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 666.00 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 620.73 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 297.49 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 49.26 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 517.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 876.07 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 142.57 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 57.87 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 53.05 Mn
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn 5.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.26 Mn
Dec 31, 2025 48.92 Mn
Sep 30, 2025 42.93 Mn
Jun 30, 2025 36.48 Mn
Mar 31, 2025 34.81 Mn
Dec 31, 2024 32.81 Mn
Sep 30, 2024 30.74 Mn
Jun 30, 2024 27.96 Mn
Mar 31, 2024 27.33 Mn
Dec 31, 2023 26.63 Mn
Sep 30, 2023 25.34 Mn
Jun 30, 2023 24.09 Mn
Mar 31, 2023 23.51 Mn
Dec 31, 2022 23.37 Mn
Sep 30, 2022 22.31 Mn
Jun 30, 2022 21.07 Mn
Mar 31, 2022 20.55 Mn
Dec 31, 2021 20.47 Mn
Sep 30, 2021 19.64 Mn
Jun 30, 2021 15.83 Mn