Southland Holdings financials
$0.6900+13.11%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $113.3M | $172.4M | $104.0M | $213.3M | $215.4M | $239.5M | $267.3M | $173.3M | $251.5M | $288.1M | $316.2M | $312.5M |
| Gross profit | -$71.2M | -$4.8M | -$193.4M | $3.3M | $13.0M | $21.5M | $7.7M | -$51.1M | -$40.0M | $20.4M | $21.1M | $29.5M |
| Gross margin | −62.9% | −2.8% | −186.0% | 1.5% | 6.0% | 9.0% | 2.9% | −29.5% | −15.9% | 7.1% | 6.7% | 9.5% |
| Operating income | -$87.9M | -$19.7M | -$210.4M | -$11.3M | -$604.0K | $5.0M | -$8.0M | -$68.6M | -$55.7M | $6.0M | $1.2M | $14.3M |
| Net income | -$84.3M | -$28.4M | -$216.4M | -$75.3M | -$10.3M | -$4.6M | -$4.2M | -$54.7M | -$46.1M | -$406.0K | -$5.6M | $3.8M |
| Net margin | −74.4% | −16.4% | −208.2% | −35.3% | −4.8% | −1.9% | −1.6% | −31.6% | −18.3% | −0.1% | −1.8% | 1.2% |
| Diluted EPS | $-1.55 | $-0.52 | $-4.00 | $-1.39 | $-0.19 | $-0.08 | $-0.09 | $-1.14 | $-0.96 | $-0.01 | $-0.11 | $0.08 |
| EBITDA | -$83.0M | -$13.6M | -$204.7M | -$5.7M | $4.8M | $11.5M | -$1.7M | -$62.8M | -$50.1M | $11.6M | $7.0M | $22.3M |
| Operating cash flow | -$38.0M | -$133.9M | $9.7M | $5.9M | -$5.4M | $6.4M | -$10.3M | -$5.3M | $27.4M | -$9.9M | $26.3M | -$26.0M |
| Free cash flow | -$38.4M | -$133.9M | $9.3M | $5.3M | -$6.5M | $4.6M | -$11.5M | -$7.3M | $26.3M | -$13.0M | $23.0M | -$28.5M |
| Diluted shares | 54.2M | 54.1M | 54.1M | 54.1M | 54.0M | 54.0M | 48.2M | 48.1M | 48.0M | 47.9M | 49.2M | 47.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $34.9M | $20.5M | $52.7M | $40.5M | $46.5M | $65.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $248.2M | $272.2M | $299.1M | $309.3M | $320.1M | $329.6M |
| Total assets | $784.7M | $928.1M | $989.3M | $1.14B | $1.19B | $1.20B |
| Total liabilities | $1.03B | $1.09B | $1.12B | $1.05B | $1.02B | $1.03B |
| Shareholders' equity | -$248.2M | -$160.6M | -$132.5M | $87.4M | $165.5M | $172.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology