Southland Holdings, Inc. (New York Stock Exchange Arca:SLND)
Insiders here have filed 5 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $603.0M
- Net income
- -$404.3M
- Net margin
- -67.0%
Not enough balance-sheet detail to judge the debt load.
- Total debt
- $226.6M
- Cash
- $34.9M
Covers near-term obligations, without much room.
- Current assets
- $546.6M
- Current liabilities
- $429.0M
- Current ratio
- 1.27
Consumes cash and must keep raising it.
- Operating cash flow
- -$156.3M
- Free cash flow
- -$157.7M
- FCF margin
- -26.1%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 54.2M
- Share growth (1y)
- 0.4%
- Cash runway
- 3 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
SLND Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 113.31 M | 172.41 M | 103.96 M | 213.34 M | 215.38 M | 239.49 M |
| Revenue Growth (YoY) | -47.39 % | -28.01 % | -61.10 % | 23.09 % | -14.37 % | -16.87 % |
| Cost of Revenue | 184.54 M | 177.16 M | 297.33 M | 210.07 M | 202.02 M | 218.01 M |
| Gross Profit | -71.23 M | -4.76 M | -193.38 M | 3.27 M | 13.36 M | 21.48 M |
| SG&A Expense | 16.70 M | 14.94 M | 17.00 M | 14.59 M | 0.00 | 0.00 |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 16.70 M | 14.94 M | 17.00 M | 14.59 M | 13.57 M | 16.46 M |
| Operating Income | -87.94 M | -19.70 M | -210.38 M | -11.31 M | -209.00 K | 5.01 M |
| Pretax Income | -88.76 M | -28.16 M | -219.03 M | -19.79 M | -9.95 M | -3.10 M |
| Tax Provision | -1.61 M | 19.00 K | -323.00 K | 57.19 M | -61.00 K | -313.00 K |
| Net Income | -84.27 M | -28.35 M | -216.41 M | -75.27 M | -10.31 M | -4.55 M |
| EPS (Basic) | -1.55 | -0.52 | -4.00 | -1.39 | -0.19 | -0.08 |
| EPS (Diluted) | -1.55 | -0.52 | -4.00 | -1.39 | -0.19 | -0.08 |
| Shares Outstanding | 54.25 M | 54.12 M | 54.11 M | 54.11 M | 54.01 M | 53.96 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.