Filing Flows › South Dakota Soybean Processors LLC (SDSYA) › Q2 2026 › vs Q2 2025
South Dakota Soybean Processors LLC (SDSYA) Q2 2026 vs Q2 2025 (year over year)
South Dakota Soybean Processors LLC's revenue rose $216M (+195%) from $111M in Q2 2025 to $327M in Q2 2026. The biggest changes: Soybean oil and oil byproducts +$149M (+322%); Soybean meal and hulls +$67.4M (+105%). Gross margin 11.1% against 0.2% (+10.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 11.1% | 0.2% | +10.9 pts |
| Operating margin | 10.4% | -1.3% | +11.7 pts |
| Net margin | 7.3% | -0.9% | +8.1 pts |
| Free cash flow margin | 8.9% | -54.4% | +63.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Soybean oil and oil byproducts | $195M | $46.2M | $149M | +322% |
| Soybean meal and hulls | $132M | $64.4M | $67.4M | +105% |
| Revenue | $327M | $111M | $216M | +195% |
| Gross profit | $36.4M | $273K | $36.1M | 133× |
| Cost of revenue | $291M | $110M | $180M | +163% |
| Operating profit | $34.2M | −$1.4M | $35.6M | — |
| Operating expenses | $2.2M | $1.7M | $556K | +33% |
| Pre-tax earnings | $27.6M | −$2.5M | $30.1M | — |
| Other expense, net | $6.5M | $1.0M | $5.5M | +528% |
| Net earnings | $23.7M | −$973K | $24.7M | — |
| Minority interests | $3.9M | −$1.5M | $5.4M | — |
| Depreciation | $7.6M | $2.0M | $5.6M | +281% |
| Working capital & other | $475K | $879K | −$404K | -46% |
| Operating cash flow | $31.8M | $1.9M | $29.9M | 17× |
| Free cash flow (OCF − capex) | $29.0M | −$60.2M | $89.2M | — |
| Capital expenditures | $2.8M | $62.1M | −$59.3M | -96% |
Questions
How much did South Dakota Soybean Processors LLC's revenue grow year over year in Q2 2026?
South Dakota Soybean Processors LLC's revenue rose $216M (+195%) from $111M in Q2 2025 to $327M in Q2 2026.
What drove South Dakota Soybean Processors LLC's revenue change in Q2 2026?
Soybean oil and oil byproducts +$149M (+322%); Soybean meal and hulls +$67.4M (+105%).