Southland Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	772.17	980.18	1,160	1,161	1,279
Revenue Growth (YoY)	-21.22%	-15.53%	-0.09%	-9.21%	20.91%
Cost of Revenue	927.43	1,043	1,125	1,021	1,165
Gross Profit	-155.26	-63.04	35.81	140.93	114.19
Selling, General & Admin	61.62	63.27	67.2	58.23	58.14
Total Operating Expenses	61.62	63.27	67.2	58.23	58.14
Operating Income	-216.88	-126.31	-31.38	82.7	56.05
Interest Income	0.29	-0.23	0.03	-0.08	0.9
Interest Expense	-37.02	-29.51	-19.47	-8.89	-7.26
Other Non-Operating Income (Expense)	1.74	3.63	23.58	2.2	2.78
Total Non-Operating Income (Expense)	-34.98	-26.11	4.14	-6.76	-3.58
Pretax Income	-251.87	-152.42	-27.24	75.94	52.48
Provision for Income Taxes	56.5	-46.89	-8.53	13.29	10.95
Net Income	-306.54	-105.37	-19.25	60.54	38.72
Minority Interest in Earnings	-1.82	-0.16	0.54	2.11	2.81
Net Income to Common	-306.54	-105.37	-19.25	60.54	38.72
Net Income Growth	-	-	-	56.36%	15.00%
Shares Outstanding (Basic)	54	48	47	39	43
Shares Outstanding (Diluted)	54	48	47	39	43
Shares Change (YoY)	12.43%	2.09%	20.74%	-10.21%	-
EPS (Basic)	-5.67	-2.19	-0.41	0.20	0.88
EPS (Diluted)	-5.67	-2.19	-0.41	0.20	0.88
EPS Growth	-	-	-	-77.27%	-
Shares Outstanding	54.11	53.94	47.89	44.41	35.91
Free Cash Flow	12.74	-5.49	-21.11	-70.97	-109.37
Free Cash Flow Per Share	0.24	-0.11	-0.45	-1.82	-2.52
Gross Margin	-20.11%	-6.43%	3.09%	12.13%	8.93%
Operating Margin	-28.09%	-12.89%	-2.70%	7.12%	4.38%
Profit Margin	-39.93%	-10.77%	-1.61%	5.39%	3.25%
FCF Margin	1.65%	-0.56%	-1.82%	-6.11%	-8.55%
EBITDA	-193.67	-103.02	-0.85	128.4	103.52
EBITDA Margin	-25.08%	-10.51%	-0.07%	11.06%	8.09%
EBIT	-216.88	-126.31	-31.38	82.7	56.05
EBIT Margin	-28.09%	-12.89%	-2.70%	7.12%	4.38%
Effective Tax Rate	-22.43%	30.76%	31.30%	17.50%	20.86%

Updated Mar 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q