Filing Flows › Southland Holdings (SLND) › Q2 2026
Southland Holdings (SLND) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Southland Holdings (SLND) reported revenue of $113M for the second quarter 2026 (Q2 2026), -47% from a year earlier and -34% from the quarter before. Operating margin was -77.6%, net loss $87.1M (76.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | -34% | -47% |
| Operating profit | −$87.9M | — | — |
| Net earnings | −$87.1M | — | — |
| Operating cash flow | −$38.0M | — | — |
What changed
Revenue was $113.3M in Q2 2026, down 47% year over year and down 34% from the previous quarter. Transportation was the largest line at 64% of revenue. Transportation lost $61.5M year over year (down 46%), 60% of the total change.
Operating costs exceeded revenue by $87.9M, an operating margin of -77.6%. The quarter ended with a net loss of $87.1M, wider than the previous quarter's $28.2M loss. Minority interests bore $2.9M of it: to shareholders the quarter was a loss of $84.3M.
Operating cash flow was −$38.0M. Non-cash charges added back $5.4M of depreciation and amortization. Working capital and other items added $43.7M. Capital expenditures of $356K exceeded it, leaving free cash flow of −$38.4M.
Questions
What was Southland Holdings' revenue in the second quarter 2026?
Southland Holdings (SLND) reported revenue of $113M for the second quarter 2026 (Q2 2026), -47% from a year earlier and -34% from the quarter before.
Was Southland Holdings profitable in the second quarter 2026?
Operating loss was $87.9M (-77.6% of revenue) and net loss $87.1M.
Source: Southland Holdings 10-Q on SEC EDGAR.