Southland Holdings (SLND) reported second-quarter 2026 revenue of $113.3 million, down from $215.4 million a year earlier. Net loss attributable to stockholders was $84.3 million, or $1.55 per share, compared with a loss of $10.3 million, or $0.19 per share, in the prior-year quarter.
The company said results were affected by unfavorable non-cash adjustments tied to legacy disputes. Southland reported backlog of $1.68 billion and said it continues working on a comprehensive financing agreement and credit amendment with surety partners.
- Quarter ended June 30, 2026 revenue was $113.3 million, down 47.4% year over year.
- Gross loss was $71.2 million, compared with gross profit of $13.0 million a year earlier.
- Net loss attributable to stockholders was $84.3 million.
- Basic and diluted net loss per share was $1.55.
- Backlog totaled $1.68 billion as of June 30, 2026.
- Southland scheduled a conference call for 10:00 a.m. Eastern Time on August 13, 2026.
