Short answer
Southland Holdings, Inc. (SLND) filed its Q1 2026 10-Q quarterly report on May 12, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $172M (down 28.0% year over year) with net income of −$28M.
Q1 2026 key financials · XBRL
- Revenue
- $172M
- −28.0% YoY
- Net income
- −$28M
- −522.8% YoY
- Operating margin
- -11.4%
- EPS (diluted)
- −$0.52
- −550.0% YoY
Source: XBRL data from the Southland Holdings, Inc. (SLND) Q1 2026 10-Q on SEC EDGAR. USD.
Southland Holdings, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $172.4M, down 28.0% YoY from $239.5M, driven by Transportation decline
- Gross margin (2.8%) vs 9.0% YoY; operating loss $19.7M vs income $5.0M
- Civil best performer: revenue $103.8M, gross margin 14.1% vs 22.0% YoY
- Transportation worst performer: revenue $68.6M, down 49.8%; gross margin (28.3%) vs (0.8%)
- Operating cash flow $(133.9)M vs $6.4M; financing cash flow $97.0M included $125.1M surety advances
- Backlog $1.88B; liquidity sufficient for next twelve months, with surety advances reaching $139.2M
Risk Factors
- No risk-factors section provided in the filing excerpt
- No disclosed changes versus the most recent Form 10-K
- March 27, 2026 settlement agreement added as an exhibit, without stated risk impact
- No specific regulatory, operational, competitive, market, liquidity, debt, currency, or concentration risks disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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