Filing Flows › South Dakota Soybean Processors LLC (SDSYA) › Q2 2026 › vs Q1 2026
South Dakota Soybean Processors LLC (SDSYA) Q2 2026 vs Q1 2026 (quarter over quarter)
South Dakota Soybean Processors LLC's revenue rose $101M (+45%) from $226M in Q1 2026 to $327M in Q2 2026. The biggest changes: Soybean oil and oil byproducts +$96.7M (+98%); Soybean meal and hulls +$4.7M (+4%). Operating margin 10.4% against -3.5% (+13.9 pts).
South Dakota Soybean Processors LLC, Q2 2026: revenue $327M (+196% year over year), operating margin 10.4%, net earnings $23.7M, operating cash flow $31.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.4% | -3.5% | +13.9 pts |
| Net margin | 7.3% | -1.9% | +9.1 pts |
| Free cash flow margin | 8.9% | -43.3% | +52.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Soybean oil and oil byproducts | $195M | $98.4M | $96.7M | +98% |
| Soybean meal and hulls | $132M | $127M | $4.7M | +4% |
| Revenue | $327M | $226M | $101M | +45% |
| Cost of revenue | $291M | $231M | $59.5M | +26% |
| Operating profit | $34.2M | −$7.8M | $42.0M | — |
| Pre-tax earnings | $27.6M | −$12.0M | $39.6M | — |
| Other expense, net | $6.5M | $4.2M | $2.4M | +58% |
| Net earnings | $23.7M | −$4.3M | $28.0M | — |
| Minority interests | $3.9M | −$7.7M | $11.6M | — |
| Depreciation | $7.6M | $7.8M | −$232K | -3% |
| Working capital & other | $475K | −$86.3M | $86.8M | — |
| Operating cash flow | $31.8M | −$82.8M | $115M | — |
| Free cash flow (OCF − capex) | $29.0M | −$97.6M | $127M | — |
| Capital expenditures | $2.8M | $14.9M | −$12.1M | -81% |
Questions
How much did South Dakota Soybean Processors LLC's revenue grow quarter over quarter in Q2 2026?
South Dakota Soybean Processors LLC's revenue rose $101M (+45%) from $226M in Q1 2026 to $327M in Q2 2026.
What drove South Dakota Soybean Processors LLC's revenue change in Q2 2026?
Soybean oil and oil byproducts +$96.7M (+98%); Soybean meal and hulls +$4.7M (+4%).