South Dakota Soybean Processors (SDSYA) filed its Q3 2025 10‑Q, reporting stronger profitability. Q3 revenue was $129,821,885 and gross profit rose to $13,785,851, driving net income attributable to the Company to $10,753,809 ($0.35 per unit), up from $23,390 a year ago, aided by an $8.3 million gain on derivative activities.
For the nine months, revenue was $358,375,928 with net income attributable to the Company of $14,153,735. Operating cash flow was $(17,116,213), reflecting inventory builds and lower customer prepayments, while capital expenditures were $158,386,882 as the Mitchell, SD plant neared completion. Long‑term debt, net, was $216,268,394, including $171,255,552 outstanding on a delayed‑draw term loan. Working capital was about $34.2 million.
The Mitchell facility is substantially complete and entered operational testing; first soybeans were processed in October 2025, with contributions expected in Q4. There were 30,411,500 capital units outstanding as of November 12, 2025.