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Filing Flows › Southland Holdings (SLND) › Q2 2026 › vs Q2 2025

Southland Holdings (SLND) Q2 2026 vs Q2 2025 (year over year)

Southland Holdings's revenue fell $102M (-47%) from $215M in Q2 2025 to $113M in Q2 2026. The biggest changes: Transportation −$61.5M (-46%); Civil −$40.5M (-50%).

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 Q2 2025, the increases inside each band.

Southland Holdings: what changed, Q2 2026 vs Q2 2025Southland Holdings: what changed, Q2 2026 vs Q2 2025Net loss$77.3MOperating cash sources$77.3MNet loss absorbed$77.3MTransportation−$61.5MWorking capital & other$44.6MCivil−$40.5MCash used in operations$32.6MCosts & expenses−$23.3MOperating costs−$14.7MInterest & other, net−$8.5M

Every line

LineQ2 2026Q2 2025Change%
Transportation$72.3M$134M−$61.5M-46%
Civil$41.0M$81.5M−$40.5M-50%
Revenue$113M$215M−$102M-47%
Income tax benefit$1.6M$61K$1.6M26×
Net loss$87.1M$9.9M$77.3M+781%
Costs & expenses$202M$225M−$23.3M-10%
Operating costs$201M$216M−$14.7M-7%
Interest & other, net$822K$9.3M−$8.5M-91%
Operating cash sources$87.1M$9.9M$77.3M+781%
Depreciation & amortization$5.4M$5.4M$61K+1%
Working capital & other$43.7M−$919K$44.6M—
Cash used in operations$38.0M$5.4M$32.6M+600%
Net loss absorbed$87.1M$9.9M$77.3M+781%

Questions

How much did Southland Holdings's revenue grow year over year in Q2 2026?

Southland Holdings's revenue fell $102M (-47%) from $215M in Q2 2025 to $113M in Q2 2026.

What drove Southland Holdings's revenue change in Q2 2026?

Transportation −$61.5M (-46%); Civil −$40.5M (-50%).

Q2 2026 results → · Compare in the interactive Sankey →