Southland FY2025 revenue drops 21.2% to $772 million; loss per share widens to $(5.67)

Southland Holdings, Inc. -5.11%

Southland Holdings, Inc.

SLND

1.30

-5.11%

  • Southland filed a Form 8-K reporting Q4 and FY 2025 results.
  • Q4 revenue was USD 104.0 million, down 61.1%, and net loss attributable to stockholders was USD 216.4 million, or USD (4.00) per share.
  • Q4 EBITDA was USD (202.2) million and backlog was USD 2.03 billion.
  • FY revenue was USD 772.2 million, down 21.2%, and net loss attributable to stockholders was USD 306.5 million, or USD (5.67) per share; income tax expense was USD 56.5 million, driven primarily by a non-cash valuation allowance on deferred taxes.
  • Results were impacted by a USD 135.8 million unfavorable adjustment tied to an adverse trial court ruling on the Washington State Convention Center project, while Chief Executive Frank Renda said the company has restructured its senior credit facility and secured about USD 116.0 million in surety funding with repayment forbearance until at least March 27, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southland Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-002747), on March 26, 2026, and is solely responsible for the information contained therein.