Southland Q1 2026 revenue $172.4M, net loss $28.4M, backlog $1.88B

Southland Holdings, Inc.

2026-Q1 EPS reported -$0.52 revenue$172,405,000

Revenue of $172.4M down from $239.5M YoY; gross loss of $4.8M vs gross profit of $21.5M.
Net loss attributable to stockholders of $28.4M ($0.52 per share) vs net loss of $4.6M ($0.08) YoY.
EBITDA of $(14.1)M compared to $10.1M in Q1 2025.
Backlog stands at $1.88 billion; Civil segment gross margin 14%.
Management cites early progress on strategic plan and legacy dispute non-cash adjustments.

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