Current Liabilities

Operating Lease Liabilities (Current)

Sterling Infrastructure, Inc. Operating Lease Liabilities (Current) decreased by 13.3% to $16.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.2%, from $19.33M to $16.20M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 29.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ3 2019
Last reportedQ4 2025

How to read this metric

An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.

Detailed definition

The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...

Peer comparison

Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.

Metric ID: operating_lease_liabilities_current

Historical Data

14 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.56M$19.72M$17.38M$18.13M$19.64M$19.14M$19.83M$19.53M$20.50M$19.33M$18.20M$20.98M$18.68M$16.20M
QoQ Change+200.7%-11.9%+4.3%+8.3%-2.5%+3.6%-1.5%+5.0%-5.7%-5.9%+15.3%-11.0%-13.3%
YoY Change+200.7%-0.4%+10.2%+9.4%+4.4%+1.0%-8.2%+7.4%-8.9%-16.2%
Range$6.56M$20.98M
CAGR+32.1%
Avg YoY Growth+19.9%
Median YoY Growth+2.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Sterling Infrastructure, Inc.'s operating lease liabilities (current)?
Sterling Infrastructure, Inc. (STRL) reported operating lease liabilities (current) of $16.20M in Q1 2026.
How has Sterling Infrastructure, Inc.'s operating lease liabilities (current) changed year-over-year?
Sterling Infrastructure, Inc.'s operating lease liabilities (current) decreased by 16.2% year-over-year, from $19.33M to $16.20M.
What is the long-term trend for Sterling Infrastructure, Inc.'s operating lease liabilities (current)?
Over 4 years (2021 to 2025), Sterling Infrastructure, Inc.'s operating lease liabilities (current) has grown at a 29.9% compound annual growth rate (CAGR), from $6.56M to $18.68M.
What does operating lease liabilities (current) mean?
The amount of rent and lease payments the company must pay in the next year.