KPI data tables
Sterling Infrastructure operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.
| Period | Signed Backlog | Unsigned Awards |
|---|---|---|
| Q3 2026 | 4.143 | 2 |
| Q2 2026 | 4.334 | 1.28 |
| Q1 2026 | 3.796 | 1.36 |
| Q4 2025 | 3.011 | 0.301 |
| Q3 2025 | 2.575 | 0.869 |
| Q2 2025 | 2.009 | 0.237 |
| Q1 2025 | 2.128 | 0.103 |
| Q4 2024 | 1.693 | 0.138 |
Source: Sterling Form 8-K Exhibit 99.1 Additional Financial Metrics (Backlog, Combined Backlog, Unsigned Awards footnotes) and Form 10-Q / 10-K MD&A Backlog. Q4 2024 Backlog $1.69 billion and Unsigned Awards $137.9 million: Form 10-K year ended 31 Dec 2024 https://www.sec.gov/Archives/edgar/data/874238/000087423825000025/strl-20241231.htm. Q1 2025 Backlog $2.13 billion, Combined $2.23 billion, Unsigned Awards $103.2 million: Q1 2025 earnings release https://www.prnewswire.com/news-releases/sterling-reports-first-quarter-2025-results-and-increases-full-year-guidance-302446320.html (RPO $2,128.405 million in Form 10-Q https://www.sec.gov/Archives/edgar/data/874238/000087423825000069/strl-20250331.htm). Q2 2025 Backlog $2.01 billion, Combined $2.25 billion, Unsigned Awards $237.3 million: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423825000119/a20250804ex991earningsrele.htm. Q3 2025 Backlog $2.58 billion, Combined $3.44 billion, Unsigned Awards $868.8 million: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/a20251103ex991earningsrele.htm. Q4 2025 Backlog $3.01 billion, Combined $3.31 billion, Unsigned Awards $300.7 million: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000018/a20260225ex991earningsrele.htm. Q1 2026 Backlog $3.80 billion, Combined $5.15 billion, Unsigned Awards $1.36 billion: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000052/a20260504ex991earningsrele.htm. Q2 2026 Backlog $4.33 billion, Combined $5.62 billion, Unsigned Awards $1.28 billion: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000100/a20260803ex991earningsrele.htm and Form 10-Q MD&A https://www.sec.gov/Archives/edgar/data/874238/000087423826000103/strl-20260630.htm. Q3 2026 Backlog $4.14 billion, Combined $6.14 billion, Unsigned Awards $2.00 billion: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000122/a20261028ex991earningsrele.htm and Exhibit 99.2 Backlog table https://www.sec.gov/Archives/edgar/data/874238/000087423826000122/q32026earningsrelease_ir.htm.
| Period | Remaining performance obligations |
|---|---|
| Q3 2026 | 4.05 |
| Q2 2026 | 4.234 |
| Q1 2026 | 3.796 |
| Q4 2025 | 3.011 |
| Q3 2025 | 2.575 |
| Q2 2025 | 2.009 |
| Q1 2025 | 2.128 |
| Q4 2024 | 1.693 |
Source: Sterling Form 10-K and Form 10-Q Revenue from Customers, Remaining Performance Obligations table (USD thousands, converted to billions). Q4 2024 $1,693.223 million: Form 10-K year ended 31 Dec 2024 https://www.sec.gov/Archives/edgar/data/874238/000087423825000025/strl-20241231.htm. Q1 2025 $2,128.405 million: Form 10-Q quarter ended 31 Mar 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000069/strl-20250331.htm. Q2 2025 $2,008.695 million: Form 10-Q quarter ended 30 Jun 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000122/strl-20250630.htm. Q3 2025 $2,575.370 million: Form 10-Q quarter ended 30 Sep 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000136/strl-20250930.htm. Q4 2025 $3,010.942 million: Form 10-K year ended 31 Dec 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423826000024/strl-20251231.htm. Q1 2026 $3,795.754 million: Form 10-Q quarter ended 31 Mar 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000055/strl-20260331.htm. Q2 2026 $4,233.618 million: Form 10-Q quarter ended 30 Jun 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000103/strl-20260630.htm. Q3 2026 $4.05 billion (rounded): Exhibit 99.2 Backlog footnote https://www.sec.gov/Archives/edgar/data/874238/000087423826000122/q32026earningsrelease_ir.htm (Form 10-Q for the quarter ended 30 Sep 2026 not yet filed).
| Period | E-Infrastructure Solutions | Transportation Solutions | Building Solutions (Commercial) |
|---|---|---|---|
| Q3 2026 | 3,050.076 | 963.725 | 35.015 |
| Q2 2026 | 3,210.035 | 968.675 | 54.908 |
| Q1 2026 | 2,711.311 | 1,035.124 | 49.319 |
| Q4 2025 | 1,843.536 | 1,124.429 | 42.977 |
| Q3 2025 | 1,808.22 | 733.432 | 33.718 |
| Q2 2025 | 1,249.711 | 714.983 | 44.001 |
| Q1 2025 | 1,216.775 | 860.535 | 51.095 |
| Q4 2024 | 1,032.109 | 622.085 | 39.029 |
Source: Sterling Form 10-K and Form 10-Q Revenue from Customers, Remaining Performance Obligations by segment (USD thousands, shown as millions). Q4 2024: Form 10-K year ended 31 Dec 2024 https://www.sec.gov/Archives/edgar/data/874238/000087423825000025/strl-20241231.htm. Q1 2025: Form 10-Q quarter ended 31 Mar 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000069/strl-20250331.htm. Q2 2025: Form 10-Q quarter ended 30 Jun 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000122/strl-20250630.htm. Q3 2025: Form 10-Q quarter ended 30 Sep 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000136/strl-20250930.htm. Q4 2025: Form 10-K year ended 31 Dec 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423826000024/strl-20251231.htm. Q1 2026: Form 10-Q quarter ended 31 Mar 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000055/strl-20260331.htm. Q2 2026: Form 10-Q quarter ended 30 Jun 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000103/strl-20260630.htm. Q2 2026 contractual Backlog by segment, including $100 million of MSAs in E-Infrastructure: Q2 2026 Exhibit 99.2 Total Backlog table https://www.sec.gov/Archives/edgar/data/874238/000087423826000100/q22026earningsreleaseppp.htm. Q3 2026: Form 10-Q quarter ended 30 Sep 2026, Acc 0000874238-26-000125 https://www.sec.gov/Archives/edgar/data/874238/000087423826000125/strl-20260930.htm (its 31 Dec 2025 comparatives match the Q4 2025 row).
| Period | Expected in next 12 months |
|---|---|
| Q3 2026 | 72 |
| Q2 2026 | 74 |
| Q1 2026 | 70 |
| Q4 2025 | 64 |
| Q3 2025 | 70 |
| Q2 2025 | 78 |
| Q1 2025 | 80 |
| Q4 2024 | 74 |
Source: Sterling Form 10-K and Form 10-Q Remaining Performance Obligations footnote (approximately X% of RPOs as revenue during the next 12 months). Q4 2024 74%: Form 10-K year ended 31 Dec 2024 https://www.sec.gov/Archives/edgar/data/874238/000087423825000025/strl-20241231.htm. Q1 2025 80%: Form 10-Q quarter ended 31 Mar 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000069/strl-20250331.htm. Q2 2025 78%: Form 10-Q quarter ended 30 Jun 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000122/strl-20250630.htm. Q3 2025 70%: Form 10-Q quarter ended 30 Sep 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423825000136/strl-20250930.htm. Q4 2025 64%: Form 10-K year ended 31 Dec 2025 https://www.sec.gov/Archives/edgar/data/874238/000087423826000024/strl-20251231.htm. Q1 2026 70%: Form 10-Q quarter ended 31 Mar 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000055/strl-20260331.htm. Q2 2026 74%: Form 10-Q quarter ended 30 Jun 2026 https://www.sec.gov/Archives/edgar/data/874238/000087423826000103/strl-20260630.htm. Q3 2026 72%: Form 10-Q quarter ended 30 Sep 2026, Acc 0000874238-26-000125 https://www.sec.gov/Archives/edgar/data/874238/000087423826000125/strl-20260930.htm.
| Period | Legacy site development YoY |
|---|---|
| Q3 2026 | 133 |
| Q2 2026 | 111 |
| Q1 2026 | 102 |
| Q4 2025 | 67 |
| Q3 2025 | 42 |
Source: Sterling Form 8-K Exhibit 99.1 CEO remarks on the legacy site development business (year-over-year revenue growth). Q3 2025 42%: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/a20251103ex991earningsrele.htm. Q4 2025 67%: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000018/a20260225ex991earningsrele.htm. Q1 2026 102%: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000052/a20260504ex991earningsrele.htm. Q2 2026 111%: Exhibit 99.1 https://www.sec.gov/Archives/edgar/data/874238/000087423826000100/a20260803ex991earningsrele.htm (presentation also prints 111% excluding CEC and Stone Ridge: https://www.sec.gov/Archives/edgar/data/874238/000087423826000100/q22026earningsreleaseppp.htm). Q3 2026 133%: Exhibit 99.1 E-Infrastructure segment results https://www.sec.gov/Archives/edgar/data/874238/000087423826000122/a20261028ex991earningsrele.htm.