Southland Holdings, Inc. SLND-WT

Q2 FY2026 · ended Jun 30, 2026 · Revenue $113.31M, -47.4% YoY · Filed Aug 12, 2026

Southland Holdings, Inc. (SLND) files with the SEC under industry code 1600, Heavy Construction Other Than Bldg Const - Contractors. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $113.3 million and a net loss of $84.3 million. Free cash flow was -$38.4 million. As of Jun 30, 2026 it held $37.3 million in cash and investments and $226.6 million in total debt.

Revenue
$113.31M
-47.4% vs year-ago quarter
Net income
$-84.27M
-717.6% vs year-ago quarter
Operating cash flow
$-38.02M
-599.9% vs year-ago quarter
Free cash flow
$-38.38M
-488.5% vs year-ago quarter
EPS
$-1.55
-715.8% vs year-ago quarter
Dividend per share
None
Shares outstanding
54.44M
+0.6% vs year-ago quarter
Net cash
$-189.27M
Q2 FY2026
Operating margin
-54.4%
TTM

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

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Revenue
$113.3M
$172.4M
$104.0M
$213.3M
$215.4M
Operating income
-$87.9M
-$19.7M
-$210.4M
-$11.3M
-$604,000
Net income
-$84.3M
-$28.4M
-$216.4M
-$75.3M
-$10.3M
Diluted EPS
-$1.55
-$0.52
-$4.00
-$1.39
-$0.19
Operating cash flow
-$38.0M
-$133.9M
$9.7M
$5.9M
-$5.4M
Free cash flow
-$38.4M
-$133.9M
$9.3M
$5.3M
-$6.5M
Total assets
$784.7M
$928.1M
$989.3M
$1.1B
$1.2B
Total liabilities
$1.0B
$1.1B
$1.1B
$1.0B
$1.0B
Stockholders' equity
-$253.5M
-$168.9M
-$140.9M
$75.0M
$151.1M
Cash and investments
$37.3M
$22.9M
$55.3M
$43.0M
$49.1M
Total debt
$226.6M
$252.7M
$280.9M
$290.9M
$294.5M

Recent SEC filings

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.