Filing Flows › South Dakota Soybean Processors LLC (SDSYA) › Q2 2026
South Dakota Soybean Processors LLC (SDSYA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
South Dakota Soybean Processors LLC (SDSYA) reported revenue of $327M for the second quarter 2026 (Q2 2026), +195% from a year earlier and +45% from the quarter before. Operating margin was 10.4%, net earnings $23.7M (7.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $327M | +45% | +195% |
| Gross profit | $36.4M | — | 133× |
| Operating profit | $34.2M | — | — |
| Net earnings | $23.7M | — | — |
| Operating cash flow | $31.8M | — | 17× |
| Free cash flow | $29.0M | — | — |
What changed
Revenue was $326.9M in Q2 2026, up 195% year over year and up 45% from the previous quarter. Soybean oil and oil byproducts was the largest line at 60% of revenue. Soybean oil and oil byproducts added $148.9M year over year (up 322%), 69% of the total change.
Gross margin was 11.1%, up 10.9 points from Q2 2025. Operating profit was $34.2M, a 10.4% margin (up 11.7 points year over year). Operating expenses grew 33% against revenue growth of 195%. Net earnings were $23.7M. The effective tax rate was 0.0%.
Operating cash flow was $31.8M (up 1579% year over year), 115% of net income including minority interests. Non-cash charges added back $7.6M of depreciation. Working capital and other items used $3.4M. Capital expenditures of $2.8M left free cash flow of $29.0M.
Questions
What was South Dakota Soybean Processors LLC's revenue in the second quarter 2026?
South Dakota Soybean Processors LLC (SDSYA) reported revenue of $327M for the second quarter 2026 (Q2 2026), +195% from a year earlier and +45% from the quarter before.
Was South Dakota Soybean Processors LLC profitable in the second quarter 2026?
Operating profit was $34.2M (10.4% of revenue) and net earnings $23.7M.
Source: South Dakota Soybean Processors LLC 10-Q on SEC EDGAR.