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
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