FY2025 · ended Dec 31, 2025 · Revenue $772.17M, -21.2% YoY · Filed Mar 26, 2026
Southland Holdings, Inc. (SLND) files with the SEC under industry code 1600, Heavy Construction Other Than Bldg Const - Contractors. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $772.2 million and a net loss of $306.5 million. Free cash flow was $12.7 million. As of Jun 30, 2026 it held $37.3 million in cash and investments and $226.6 million in total debt.
Revenue (TTM)
$603.01M
-32.7% vs year-ago TTM
Net income (TTM)
$-404.30M
-448.3% vs year-ago TTM
Operating cash flow (TTM)
$-156.31M
-969.8% vs year-ago TTM
Free cash flow (TTM)
$-157.65M
-662.3% vs year-ago TTM
EPS (TTM)
$-7.47
-416.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
54.11M
+0.2% vs prior year
Net cash
$-189.27M
as of Jun 30, 2026
Operating margin
-54.4%
FY 2026
Company profile
- Industry
- Heavy Construction Other Than Bldg Const - Contractors (SIC 1600)
- Listed as
- SLND (NYSE), SLND-WT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Grapevine, TX
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1883814
- Former names
- LEGATO MERGER CORP. II (until Feb 14, 2023)
Other Heavy Construction Other Than Bldg Const - Contractors companies
- Hitachi Ltd HTHIY
- Ferrovial N.V. FER
- Jacobs Solutions Inc. J
- Sterling Infrastructure, Inc. STRL
- Fluor Corp FLR
- Granite Construction Inc GVA
- Construction Partners, Inc. ROAD
- SOLV Energy, Inc. MWH
All 16 Heavy Construction Other Than Bldg Const - Contractors companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $772.2M | $980.2M | $1.2B | — |
| Operating income | -$216.9M | -$126.3M | -$31.4M | $82.7M |
| Net income | -$306.5M | -$105.4M | -$19.3M | $60.5M |
| Diluted EPS | -$5.67 | -$2.19 | -$0.41 | — |
| Operating cash flow | $16.6M | $1.9M | -$10.3M | -$66.2M |
| Free cash flow | $12.7M | -$5.5M | -$21.1M | — |
| Total assets | $989.3M | $1.2B | $1.2B | $1.1B |
| Total liabilities | $1.1B | $1.0B | $940.5M | $765.4M |
| Stockholders' equity | -$140.9M | $163.7M | $249.6M | $349.4M |
| Cash and investments | $55.3M | $74.9M | $52.4M | — |
| Total debt | $280.9M | $321.0M | $319.7M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement
|
Oct 6, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Listing notice
|
Sep 25, 2026 | Sep 23, 2026 |
| 8-K |
Current report
Material agreement
|
Aug 27, 2026 | Aug 26, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 13, 2026 | Aug 13, 2026 |
| 10-Q | Quarterly report | Aug 12, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 12, 2026 | Aug 12, 2026 |
All 327 Southland Holdings, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.