{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-25-000065","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.536056+00:00","generated_at":"2026-05-22T21:38:34.518581+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sterling Q1 adj EPS $1.63 (+29% YoY); revenue $430.9M (+7%); raises FY25 guidance","bullets":["Q1 revenue $430.9M (+7% pro forma ex-RHB); gross margin 22.0% vs 17.5% YoY.","Adjusted diluted EPS $1.63, up 29% YoY; net income $39.5M ($1.28 diluted).","Backlog $2.13B (+17% YoY like-for-like); book-to-burn 2.2x; data centers >65% of E-Infra backlog.","Acquired Drake Concrete for $25M cash + earn-out; expected $55M revenue, $6.5M adj EBITDA in 2025.","Raised FY25 guidance: adj diluted EPS $8.40-8.90, revenue $2.05-2.15B, adj EBITDA $410-432M."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-25-000065","json":"https://secwatch.observer/filing/0000874238-25-000065.json","markdown":"https://secwatch.observer/filing/0000874238-25-000065.md","text":"https://secwatch.observer/filing/0000874238-25-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423825000065/0000874238-25-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423825000065/strl-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T21:38:34.518581+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}