Highest-materiality recent filing
Southland Q1 2026 revenue $172.4M, net loss $28.4M, backlog $1.88B
Revenue of $172.4M down from $239.5M YoY; gross loss of $4.8M vs gross profit of $21.5M.
Southland subsidiary settles WA convention center lawsuit; sureties to pay additional $26.5M
American Bridge resolves litigation over Washington State Convention Center expansion project.
Southland Q4 net loss $216M; full-year loss $306.5M on $772M revenue
Revenue $104.0M in Q4 vs $267.3M prior year; full-year $772.2M vs $980.2M.
Paid ~$15.4M to resigning agent (Callodine): $14.4M principal + $1.0M accrued interest and fees.
Southland receives $59M surety advances; negotiating with lenders for further financing
Markel advanced ~$5M; Berkshire ~$21M; Zurich ~$33M; total ~$59M in surety funds as of Feb 4.
American Bridge received $57M judgment in case vs Clark/Lewis Joint Venture, dated January 15, 2026.
Southland Holdings receives $15M surety advance; seeking additional financing
Zurich Insurance advanced ~$15M under general indemnity agreement for bonded construction obligations.
Southland Holdings receives $14M in surety advances; seeking financing resolution
Berkshire Hathaway Specialty Insurance advanced ~$14M of up to $30M under general indemnity agreement.
Southland Q3 revenue up 23% to $213M; net loss widens to $75.3M on $57M tax charge
Revenue $213.3M vs $173.3M YoY; gross profit $3.3M vs ($51.1M) loss in prior year.
Southland Holdings Q2 revenue $215.4M, net loss narrows to $10.3M from $46.1M
Revenue $215.4M vs $251.5M YoY; gross profit $13.4M vs ($40.0M) loss YoY.
On May 15, 2025, Kyle Burtnett gave the Board of Directors (the “Board”) of Southland Holdings, Inc. (“Southland” or the “Company”) notice of his resignation as a Director of Southland.
On May 19, 2025, the Board appointed Tan Parker as a Class I director to fill Mr. Burtnett’s vacant seat, thereby bringing the number of directors on the board back to seven, effective as of May 19, 2025.
Max materiality 0.95 · Median 0.72 · Most common event other_material