Question 1

What is Sterling Infrastructure, Inc.'s amortization of capitalized software and acquired intangible assets?

Accepted Answer

Sterling Infrastructure, Inc. (STRL) reported amortization of capitalized software and acquired intangible assets of $7.09M in Q1 2026.

Question 2

How has Sterling Infrastructure, Inc.'s amortization of capitalized software and acquired intangible assets changed year-over-year?

Accepted Answer

Sterling Infrastructure, Inc.'s amortization of capitalized software and acquired intangible assets increased by 57.5% year-over-year, from $4.5M to $7.09M.

Question 3

What is the long-term trend for Sterling Infrastructure, Inc.'s amortization of capitalized software and acquired intangible assets?

Accepted Answer

Over 4 years (2021 to 2025), Sterling Infrastructure, Inc.'s amortization of capitalized software and acquired intangible assets has grown at a 17.9% compound annual growth rate (CAGR), from $11.46M to $22.19M.

Line item	Three Months Ended March 31, 2026	Three Months Ended March 31, 2025
Cost of revenues	(631,379)	(336,109)
Gross profit	194,296	94,840
General and administrative expense	(47,850)	(34,631)
Intangible asset amortization	(7,093)	(4,503)
Acquisition related costs	(1,407)	(179)
Earn-out expense	(2,488)	(1,343)
Other operating income, net	2,356	1,892
Operating income	137,814	56,076

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Sterling Infrastructure, Inc. STRL Amortization of capitalized software and acquired intangible assets