Sterling Infrastructure (STRL) Q1 Revenue Soars 92% to $825.7M

Sterling Infrastructure Inc. (NASDAQ:STRL) is one of the best engineering stocks to buy in 2026. On May 4, Sterling Infrastructure reported results for Q1 2026, with revenues soaring 92% to $825.7 million. This growth was fueled by a 55% organic increase alongside the contribution of the recently acquired CEC business, which added $156.1 million to the quarter’s revenue. Net income surged 143% to $96.0 million, or $3.09 per diluted share, while adjusted EBITDA reached $166.6 million. CEO Joe Cutillo noted that bid & award activity remained exceptionally strong, highlighted by a major award for a multi-year semiconductor fabrication campus and significant new projects for CEC. The E-Infrastructure Solutions segment was a primary driver of this momentum, achieving 174% revenue growth. Mission-critical projects, such as data centers and advanced manufacturing facilities, now represent over 90% of the segment’s backlog, as Sterling successfully integrates its site development expertise with CEC’s electrical services.

Photo by ThisisEngineering RAEng on Unsplash Based on this start and increased visibility into a total addressable pool of work approaching $6.5 billion, Sterling Infrastructure Inc. (NASDAQ:STRL) now expects annual revenue to range between $3.70 billion and $3.80 billion, with adjusted diluted EPS projected between $18.40 and $19.05. While the Building Solutions segment faces near-term challenges due to housing affordability constraints, the steady performance in Transportation Solutions and the rapid expansion of E-Infrastructure have positioned Sterling for a year of significant margin expansion and sustained value creation. Sterling Infrastructure Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions across the US. While we acknowledge the potential of STRL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.