Other

Contract asset retainage

Sterling Infrastructure, Inc. Contract asset retainage increased by 45.2% to $59.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 93.2%, from $30.59M to $59.10M. Over 3 years (FY 2022 to FY 2025), Contract asset retainage shows a downward trend with a -14.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ4 2022
Last reportedQ1 2026
Metric ID: other_contract_with_customer_retainage_asset_current

Historical Data

13 periods
 Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$65.68M$68.79M$70.85M$56.86M$59.27M$49.73M$48.97M$38.11M$30.59M$28.17M$42.96M$40.70M$59.10M
QoQ Change—+4.7%+3.0%-19.8%+4.3%-16.1%-1.5%-22.2%-19.7%-7.9%+52.5%-5.3%+45.2%
YoY Change———-13.4%-13.8%-29.8%—-33.0%-48.4%-43.4%-12.3%+6.8%+93.2%
Range$28.17M – $70.85M
CAGR-3.5%
Avg YoY Growth-10.5%
Median YoY Growth-13.8%

Frequently Asked Questions

What is Sterling Infrastructure, Inc.'s contract asset retainage?
Sterling Infrastructure, Inc. (STRL) reported contract asset retainage of $59.10M in Q1 2026.
How has Sterling Infrastructure, Inc.'s contract asset retainage changed year-over-year?
Sterling Infrastructure, Inc.'s contract asset retainage increased by 93.2% year-over-year, from $30.59M to $59.10M.
What is the long-term trend for Sterling Infrastructure, Inc.'s contract asset retainage?
Over 3 years (2022 to 2025), Sterling Infrastructure, Inc.'s contract asset retainage has grown at a -14.7% compound annual growth rate (CAGR), from $65.68M to $40.70M.