Southland Holdings (SLND-WT) Cost of Revenue (2022 - 2026)
Southland Holdings (SLND-WT) posted quarterly Cost of Revenue of $177.2 million for Q1 2026, down 18.74% year-over-year from $218.0 million in Q1 2025, and down 40.42% quarter-over-quarter from $297.3 million in Q4 2025.
Analysis
Southland Holdings (SLND-WT) Cost of Revenue (2022 - 2026) Analysis & Trends
Southland Holdings (SLND-WT) has reported Cost of Revenue for 5 consecutive years, with $177.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 18.74% year-over-year to $177.2 million; the TTM figure through Mar 2026 stood at $886.6 million (down 10.77% YoY), while the FY2025 annual figure was $927.4 million, down 11.1% from the prior year.
- Cost of Revenue fell to $177.2 million in Q1 2026 per SLND-WT's latest filing, from $297.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $297.3 million in Q4 2025 and bottomed at $177.2 million in Q1 2026.
- Historically, Cost of Revenue has averaged $252.5 million across 5 years, with a median of $258.9 million in 2022.
- Annual changes were most pronounced in 2023 — Cost of Revenue grew 23.56% — and 2025, when it tumbled 30.7%.
- Southland Holdings' Cost of Revenue stood at $258.9 million in 2022, then gained by 13.94% to $295.1 million in 2023, then retreated by 12.02% to $259.6 million in 2024, then climbed by 14.54% to $297.3 million in 2025, then slumped by 40.42% to $177.2 million in 2026.
- Business Quant data shows SLND-WT's Cost of Revenue at $177.2 million in Q1 2026, $297.3 million in Q4 2025, and $210.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 93.60 Bn | 93.09 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Comfort Systems Usa | 56.22 Bn | 54.37 Bn | 844.23 Mn | 2.42 Bn |
| 3 | Ferrovial | 41.59 Bn | 36.63 Bn | - | - |
| 4 | Emcor | 32.93 Bn | 32.01 Bn | 1.02 Bn | 4.13 Bn |
| 5 | Mastec | 18.42 Bn | 18.10 Bn | 556.28 Mn | 3.82 Bn |
| 6 | Jacobs Solutions | 17.46 Bn | 16.29 Bn | 810.70 Mn | 3.27 Bn |
| 7 | APi | 17.31 Bn | 16.46 Bn | 703.00 Mn | 1.55 Bn |
| 8 | Sterling Infrastructure | 14.30 Bn | 13.84 Bn | 289.96 Mn | 878.22 Mn |
| 9 | IES Holdings | 12.61 Bn | 12.22 Bn | 340.66 Mn | 902.04 Mn |
| 10 | Southland Holdings | 1.09 Mn | -39.29 Mn | -71.23 Mn | 184.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 184.54 Mn |
| Mar 31, 2026 | 177.16 Mn |
| Dec 31, 2025 | 297.33 Mn |
| Sep 30, 2025 | 210.07 Mn |
| Jun 30, 2025 | 202.41 Mn |
| Mar 31, 2025 | 218.01 Mn |
| Dec 31, 2024 | 259.58 Mn |
| Sep 30, 2024 | 224.43 Mn |
| Jun 30, 2024 | 291.53 Mn |
| Mar 31, 2024 | 267.68 Mn |
| Dec 31, 2023 | 295.05 Mn |
| Sep 30, 2023 | 282.94 Mn |
| Jun 30, 2023 | 290.72 Mn |
| Mar 31, 2023 | 255.89 Mn |
| Dec 31, 2022 | 258.95 Mn |
| Sep 30, 2022 | 272.72 Mn |
| Jun 30, 2022 | 235.28 Mn |
| Mar 31, 2022 | 253.56 Mn |