Sterling Infrastructure (STRL) Operating Expenses (2011 - 2026)
Sterling Infrastructure (STRL) recorded quarterly Operating Expenses of $49.3 million in Q1 2026, up 0.7% quarter-over-quarter from $48.9 million in Q4 2025, and up 41.5% on a YoY basis from $34.8 million in Q1 2025.
Sterling Infrastructure (STRL) Operating Expenses (2011 - 2026) Analysis & Trends
Sterling Infrastructure's Operating Expenses history runs 16 years deep, the most recent figure standing at $49.3 million for 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 was $49.3 million for Q1 2026 at Sterling Infrastructure, up from $48.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $49.3 million in Q1 2026 to a low of $20.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $30.5 million across 5 years, with a median of $27.3 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses increased 13.57% in 2023, then soared 49.09% in 2025.
- A 5-year view of Operating Expenses shows it stood at $23.4 million in 2022, then climbed by 13.96% to $26.6 million in 2023, then climbed by 23.2% to $32.8 million in 2024, then jumped by 49.09% to $48.9 million in 2025, then rose by 0.7% to $49.3 million in 2026.
- The last three Operating Expenses figures came in at $49.3 million (Q1 2026), $48.9 million (Q4 2025), and $42.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 620.73 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 269.00 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 460.11 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 297.49 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 49.26 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 517.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 876.07 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 225.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |