Southland Holdings, Inc. (SLNDWT) Financial Statements (2026 and earlier)

Company Profile

Business Address 1100 KUBOTA DRIVE
GRAPEVINE, TX 76051
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 16 - Heavy Construction Other Than Building Construction Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments52,71340,48246,51765,05272,18591,378
Cash and cash equivalent52,71340,48246,51765,05272,18591,378
Receivables167,786195,072158,134171,920179,320193,124
Inventory, net of allowances, customer advances and progress billings 2,600   4,500 
Inventory 2,600   4,500 
Contract with customer, asset, after allowance for credit loss366,607468,551500,520493,879483,181456,176
Other current assets30,32628,17729,70426,86019,32619,223
Other undisclosed current assets113,934137,397132,308127,243123,140124,021
Total current assets:733,966869,679867,183884,954881,652883,922
Noncurrent Assets
Operating lease, right-of-use asset10,5249,90010,13512,06114,89713,584
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization107,305112,188108,437111,153116,328114,034
Long-term investments and receivables2,5882,5542,5802,6852,6993,095
Long-term investments2,5882,5542,5802,6852,6993,095
Intangible asset, including goodwill, after accumulated amortization2,7082,7082,7082,7082,7082,946
Goodwill1,5281,5281,5281,5281,5281,528
Intangible asset, excluding goodwill, after accumulated amortization1,1801,1801,1801,1801,1801,418
Deferred income tax assets314357,39656,06154,53139,334
Other noncurrent assets1671,6981,6981,5401,5391,701
Other undisclosed noncurrent assets132,019137,198135,131131,767129,295128,178
Total noncurrent assets:255,314266,389318,085317,975321,997302,872
TOTAL ASSETS:989,2801,136,0681,185,2681,202,9291,203,6491,186,794
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities304,926310,707297,277293,561283,185266,836
Accounts payable224,915233,895221,818206,577191,670164,897
Accrued liabilities80,01176,81275,45986,98491,515101,939
Deferred revenue252,543268,210250,942256,594249,706243,505
Debt55,86951,35648,89546,78945,66743,072
Other undisclosed current liabilities41,64741,68539,54841,34442,58444,783
Total current liabilities:654,985671,958636,662638,288621,142598,196
Noncurrent Liabilities
Long-term debt and lease obligation214,595216,443229,728241,309260,560275,237
Long-term debt, excluding current maturities203,971216,443229,728241,309255,625275,237
Finance lease, liability 10,624   4,935 
Liabilities, other than long-term debt152,69160,69053,85951,12746,99549,703
Deferred income tax liabilities3,0323,0713,1382922921,952
Other liabilities143,88040,78140,76940,75640,84747,751
Operating lease, liability5,77916,8389,95210,0795,856 
Other undisclosed noncurrent liabilities99,51599,53799,55199,54799,543105,624
Total noncurrent liabilities:466,801376,670383,138391,983407,098430,564
Total liabilities:1,121,7861,048,6281,019,8001,030,2711,028,2401,028,760
Equity
Equity, attributable to parent(140,934)74,977151,117159,130163,658149,064
Common stock555555
Additional paid in capital293,237292,872292,744292,526292,173271,798
Accumulated other comprehensive loss(3,018)(3,155)(2,156)(4,231)(3,902)(2,276)
Accumulated deficit(431,158)(214,745)(139,476)(129,170)(124,618)(120,463)
Equity, attributable to noncontrolling interest8,42812,46314,35113,52811,7518,970
Total equity:(132,506)87,440165,468172,658175,409158,034
TOTAL LIABILITIES AND EQUITY:989,2801,136,0681,185,2681,202,9291,203,6491,186,794

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Revenues103,957213,343215,382239,486267,250173,320
Cost of revenue
(Cost of Product and Service Sold)		(297,334)(210,068)(202,019)(218,006)(259,584)(224,425)
Gross profit:(193,377)3,27513,36321,4807,666(51,105)
Operating expenses(16,999)(14,587)(13,572)(16,465)(15,708)(17,492)
Operating income (loss):(210,376)(11,312)(209)5,015(8,042)(68,597)
Nonoperating income345689241760994846
Investment income, nonoperating165505917(207)5
Other nonoperating income1806391827431,201841
Interest and debt expense(8,996)(9,166)(9,983)(8,874)(9,617)(7,520)
Loss from continuing operations before income taxes:(219,027)(19,789)(9,951)(3,099)(16,665)(75,271)
Income tax expense (benefit)323(57,194)6131314,09617,142
Net loss:(218,704)(76,983)(9,890)(2,786)(2,569)(58,129)
Net income (loss) attributable to noncontrolling interest2,2911,714(416)(1,766)(1,586)3,402
Net loss available to common stockholders, diluted:(216,413)(75,269)(10,306)(4,552)(4,155)(54,727)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Net loss:(218,704)(76,983)(9,890)(2,786)(2,569)(58,129)
Other comprehensive income (loss) (1,173)2,482(318) 238
Other undisclosed comprehensive income (loss) 201   (1,993) 
Comprehensive loss:(218,503)(78,156)(7,408)(3,104)(4,562)(57,891)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2,2271,888(823)(1,777)(1,219)3,310
Comprehensive loss, net of tax, attributable to parent:(216,276)(76,268)(8,231)(4,881)(5,781)(54,581)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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