---
schema_version: "secwatch.filing_event.v1"
accession: "0000874238-25-000133"
form_type: "8-K"
ticker: "STRL"
cik: "0000874238"
company_name: "STERLING INFRASTRUCTURE, INC."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T01:01:39.364899+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sterling Q3 revenue $689M (+32% ex-RHB), adj. EPS $3.48 (+58%); raises FY guidance

## Summary
- Record Q3: revenue $689M (+32% ex-RHB), net income $92.1M ($2.97 EPS), adjusted EPS $3.48.
- Gross margin 24.7% vs 21.9% prior year; adjusted EBITDA $155.8M (+47%).
- Backlog $2.58B (+34% same-store); combined backlog $3.44B, book-to-burn 1.23x backlog, 1.76x combined.
- FY2025 guidance raised: revenue $2.38B, adj. EPS $10.44 midpoint, adj. EBITDA $488.5M midpoint.
- CEC acquisition contributed $41.4M revenue and $475.3M backlog; share repurchases $4.7M in Q3.

## SEC filing metadata
- accession: 0000874238-25-000133
- form_type: 8-K
- ticker: STRL
- cik: 0000874238
- company_name: STERLING INFRASTRUCTURE, INC.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/0000874238-25-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/strl-20251103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874238-25-000133
- JSON: https://secwatch.observer/filing/0000874238-25-000133.json
- Plain text: https://secwatch.observer/filing/0000874238-25-000133.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.