| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 218,028 | 121,699 |
| Depreciation and amortization | 54,526 | 34,613 |
| Amortization of debt issuance costs and non-cash interest | 633 | 472 |
| Gain on disposal of property and equipment | 2,500 | 1,340 |
| Distribution of earnings from unconsolidated subsidiary | 16,252 | 10,319 |
| Equity in earnings from unconsolidated subsidiary | 11,082 | 5,677 |
| Deferred taxes | 9,256 | 5,414 |
| Stock-based compensation | 18,241 | 12,278 |
| Changes in operating assets and liabilities (note 15) | 49,417 | 7,467 |
| Net cash provided by operating activities | 253,937 | 170,311 |
| Acquisitions, net of cash acquired | 484,156 | 37,860 |
| Capital expenditures | 50,923 | 31,262 |
| Proceeds from sale of property and equipment | 4,014 | 2,645 |
| Net cash used in investing activities | -531,065 | -66,477 |
| Repayments of debt | 21,067 | 17,275 |
| Repurchase of common stock | 48,546 | 43,846 |
| Withholding taxes paid on net share settlement of equity awards | 9,650 | 6,126 |
| Debt issuance costs | 1,409 | 1,409 |
| Other | 0 | 0 |
| Net cash used in financing activities | -80,672 | -68,656 |
| Net change in cash, cash equivalents, and restricted cash | -357,800 | 35,178 |
| Cash and cash equivalents at beginning of period | 664,195 | - |
| Cash and cash equivalents at end of period | 306,395 | - |
STERLING INFRASTRUCTURE, INC. (STRL)
STERLING INFRASTRUCTURE, INC. (STRL)