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% quarter-over-quarter from $48.9 million in Q4 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 for Q1 2026 stood at $49.3 million, 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.
  • The 5-year median for Operating Expenses is $27.3 million (2024), against an average of $30.5 million.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses grew 13.57% in 2023, then surged 49.09% in 2025.
  • Sterling Infrastructure's Operating Expenses stood at $23.4 million in 2022, then advanced by 13.96% to $26.6 million in 2023, then advanced by 23.2% to $32.8 million in 2024, then soared by 49.09% to $48.9 million in 2025, then increased by 0.7% to $49.3 million in 2026.
  • Business Quant data shows STRL's Operating Expenses at $49.3 million in Q1 2026, $48.9 million in Q4 2025, and $42.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 98.57 Bn 98.48 Bn 1.55 Bn 698.49 Mn
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn 287.05 Mn
3 Ferrovial 46.93 Bn 41.94 Bn - -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn 475.04 Mn
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn 206.47 Mn
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn 49.26 Mn
7 APi 17.00 Bn 16.35 Bn 703.00 Mn 528.00 Mn
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn 876.07 Mn
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn 142.57 Mn
10 Dycom Industries 12.50 Bn 11.79 Bn - -

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