Filing Flows › Southland Holdings (SLND) › Q2 2026 › vs Q1 2026
Southland Holdings (SLND) Q2 2026 vs Q1 2026 (quarter over quarter)
Southland Holdings's revenue fell $59.1M (-34%) from $172M in Q1 2026 to $113M in Q2 2026. The biggest changes: Civil −$62.8M (-61%); Transportation +$3.7M (+5%).
Southland Holdings, Q2 2026: revenue $113M (-47% year over year), operating margin -77.6%, net loss $87.1M, operating cash flow −$38.0M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Transportation | $72.3M | $68.6M | $3.7M | +5% |
| Civil | $41.0M | $104M | −$62.8M | -61% |
| Revenue | $113M | $172M | −$59.1M | -34% |
| Income tax benefit | $1.6M | −$19K | $1.6M | — |
| Net loss | $87.1M | $28.2M | $59.0M | +209% |
| Costs & expenses | $202M | $201M | $1.5M | +0.7% |
| Operating costs | $201M | $192M | $9.1M | +5% |
| Interest & other, net | $822K | $8.5M | −$7.6M | -90% |
| Cost of revenue | $185M | $177M | $7.4M | +4% |
| SG&A | $16.7M | $14.9M | $1.8M | +12% |
| Operating cash sources | $87.1M | $28.2M | $59.0M | +209% |
| Depreciation & amortization | $5.4M | $5.6M | −$207K | -4% |
| Working capital & other | $43.7M | −$111M | $155M | — |
| Cash used in operations | $38.0M | $134M | −$95.8M | -72% |
| Net loss absorbed | $87.1M | $28.2M | $59.0M | +209% |
Questions
How much did Southland Holdings's revenue grow quarter over quarter in Q2 2026?
Southland Holdings's revenue fell $59.1M (-34%) from $172M in Q1 2026 to $113M in Q2 2026.
What drove Southland Holdings's revenue change in Q2 2026?
Civil −$62.8M (-61%); Transportation +$3.7M (+5%).