Here are the 10-K annual reports from South DAK SOY Unit (SDSYA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SDSYA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SDSYA filings page.
South Dakota Soybean Processors, LLC reported 2025 net income of $17.7 million, down from $20.3 million in 2024, on revenue of $503.8 million versus $554.4 million. Gross margin narrowed as soybean meal and oil prices fell despite higher crush volumes.
The company completed its new Mitchell, South Dakota processing and refining facility on time and within budget in late 2025, nearly doubling total production capacity. Capital expenditures reached $202.2 million, largely for this project, funded by increased CoBank borrowings.
Working capital was $25.4 million at year-end. Long-term debt obligations total $310.2 million, and several revolving and term facilities provide additional liquidity. The company distributed $7.6 million in cash (25.0¢ per unit) to members in 2025 and had 30,411,500 Class A capital units outstanding.