STRL Q2 2022 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q2 2022 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$462M+15.0% YoY

Gross Profit

$71M15.4% margin

Operating Income

$44M9.5% margin

Net Income

$26M5.6% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

+26.2%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$1M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$946M

Stockholders' Equity

$405M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$462M	$402M	+15.0%
Gross Profit	$71M	$56M	+26.2%
Operating Income	$44M	$33M	+34.4%
Net Income	$26M	$20M	+29.4%

Revenue Segments

Transportation Solutions Segment

$939M61%

E-Infrastructure Solutions Segment

$524M34%

Building Solutions Segment

$81M5%