STRL Q1 2023 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$404M+10.3% YoY

Gross Profit

$62M15.3% margin

Operating Income

$33M8.1% margin

Net Income

$20M4.9% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+38.4%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$35M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$933M

Stockholders' Equity

$495M

Cash & Equivalents

$206M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$404M	$366M	+10.3%
Gross Profit	$62M	$55M	+12.0%
Operating Income	$33M	$29M	+11.1%
Net Income	$20M	$18M	+11.2%

Revenue Segments

Transportation Solutions Segment

$797M49%

E-Infrastructure Solutions Segment

$731M45%

Building Solutions Segment

$96M6%