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How Southland Holdings (SLND) makes money

Southland Holdings (SLND) made $113M of revenue in the second quarter 2026 (Q2 2026), -47% from a year earlier. Transportation brought in $72.3M (64%); Civil brought in $41.0M (36%).

Drawing the Sankey…

Southland Holdings revenue by segment, Q2 2026Southland Holdings revenue by segment, Q2 2026Transportation$72.3MCivil$41.0M
Southland Holdings: revenue by line, Q4 2024 to Q2 2026Southland Holdings: revenue by line, Q4 2024 to Q2 2026TransportationCivilTransportation: $72.3M latest$72.3MCivil: $41.0M latest$41.0MQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Transportation went from 61% of revenue in Q4 2024 to 64% in Q2 2026, the largest shift in the mix.
Southland Holdings revenue by quarterSouthland Holdings revenue by quarter$267MQ4 2024$239MQ1 2025$215MQ2 2025$213MQ3 2025$104MQ4 2025$172MQ1 2026$113MQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Transportation$72.3M63.8%+5%-46%
Civil$41.0M36.2%-61%-50%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$113M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$113M-47%
Q1 2026$172M-28%
Q4 2025$104M-61%
Q3 2025$213M+23%
Q2 2025$215M-14%
Q1 2025$239M-17%
Q4 2024$267M-16%

From Southland Holdings' 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Southland Holdings make money?

Southland Holdings (SLND) made $113M of revenue in the second quarter 2026 (Q2 2026), -47% from a year earlier. Transportation brought in $72.3M (64%); Civil brought in $41.0M (36%).

What is Southland Holdings' biggest business?

Transportation: $72.3M in the second quarter 2026, 64% of revenue, -46% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.