SLND · XBRL financial data

Southland Holdings financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (SLND's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,279	1,161	1,160	980	772
Cost of goods and services sold	1,165	1,020	1,125	1,043	927
Gross profit	114	141	36	(63)	(155)
Selling, general and administrative	58	58	67	63	62
General and administrative	—	1	—	—	—
Operating income (loss)	56	(1)	(31)	(126)	(217)
Interest expense	7	9	19	30	37
Other income (expense)	3	2	24	4	2
Income tax expense (benefit)	11	1	(9)	(47)	56
Net income (loss)	39	2	(19)	(105)	(307)
Earnings per share, basic USD per share	—	—	(0.41)	(2.19)	(5.67)
Earnings per share, diluted USD per share	—	—	(0.41)	(2.19)	(5.67)
Weighted average shares, basic millions of shares	—	—	47	48	54
Weighted average shares, diluted millions of shares	—	—	47	48	54

Fiscal years (SLND's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1	58	49	72	53
Marketable securities, non-current	—	3	3	3	3
Inventory	—	10	6	5	3
Total current assets	2	0	943	882	734
Property and equipment, net	—	114	102	116	107
Right-of-use asset	—	17	12	15	11
Goodwill	—	2	2	2	2
Total assets	282	284	1,201	1,204	989
Accounts payable	—	126	162	192	225
Accrued liabilities	—	122	125	92	80
Current portion of long-term debt	—	46	48	45	54
Total current liabilities	0	0	584	621	655
Long-term debt	—	227	252	256	204
Lease liability, non-current	—	5	4	6	6
Total liabilities	10	10	941	1,028	1,122
Accumulated deficit	(8)	(9)	(19)	(125)	(431)
Total stockholders' equity	(8)	(9)	250	164	(141)
Total liabilities and equity	282	284	1,201	1,204	989
Common shares outstanding (cover page) millions of shares	36	44	48	54	54

Fiscal years (SLND's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	39	2	(19)	(105)	(307)
Net cash from operating activities	(91)	(2)	(10)	2	17
Purchases of property and equipment	19	5	11	7	4
Net cash from investing activities	(8)	1	4	3	3
Net cash from financing activities	31	20	(3)	19	(40)
Net change in cash	(69)	(1)	(8)	24	(20)

SIC 1600 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1600 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Southland Holdings	35	113	(38)*	54.4M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
Cardinal Infrastructure Group	339	not reported	13*	not reported	—	Q2 FY26 10-QJun 30, 2026
KiNRG	116	369	108*	62.6M	—	Q2 FY26 10-QJun 30, 2026
Shimmick	17	107	(17)*	41.3M	1.0 quarters	Q2 FY26 10-QJul 3, 2026

Not investment advice. Not affiliated with the U.S. SEC.