Sterling Infrastructure Hits Record $3.01 Billion Backlog with 78% Growth

Sterling Infrastructure, Inc. (STRL) has announced a significant 78% year-over-year surge in its signed backlog, reaching a record $3.01 billion at the end of 2025. This substantial growth provides the company with strong revenue visibility and a positive outlook heading into 2026. A key driver of this performance was the strategic acquisition of CEC, which contributed $488.9 million to the total backlog. Even excluding the acquisition, the company demonstrated robust organic growth of 49%, reflecting high market demand for its infrastructure services. Analysts view this surge as a leading indicator of future financial strength and enhanced market positioning. The combination of inorganic expansion and organic momentum underscores Sterling's successful execution of its long-term growth strategy.