Here are the 10-K annual reports from Southland Holdings, Inc. (SLND) 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 SLND 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 SLND filings page.
Southland Holdings, Inc. files its annual report outlining a diversified civil and transportation infrastructure construction business across North America, focused on bridges, tunnels, water, wastewater and transportation projects. The company manages two segments, Civil and Transportation, serving mostly U.S. public and private customers.
Contract backlog was $2,031,080 thousand as of December 31, 2025, reflecting multi‑year project visibility but also exposure to cancellations, scope changes and execution risk. In December 2025, an adverse ruling on the Washington State Convention Project led to derecognition of $46.7 million of revenue and recognition of an $89.1 million long‑term liability, materially hurting results.
The report highlights significant risks, including intense bidding competition, reliance on government contracts, exposure to commodity and labor cost inflation, supply‑chain constraints, weather and climate impacts, cyber and data security threats, high leverage and bonding needs, complex international operations and extensive regulatory, environmental and anti‑corruption compliance obligations.