Southland Holdings (SLND-WT) Operating Expenses (2021 - 2026)
Southland Holdings (SLND-WT) posted quarterly Operating Expenses of $14.9 million for Q1 2026, down 9.24% year-over-year from $16.5 million in Q1 2025, and down 12.09% quarter-over-quarter from $17.0 million in Q4 2025.
Analysis
Southland Holdings (SLND-WT) Operating Expenses (2021 - 2026) Analysis & Trends
Southland Holdings (SLND-WT) has reported Operating Expenses for 6 consecutive years, with $14.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 9.24% year-over-year to $14.9 million; the TTM figure through Mar 2026 stood at $60.1 million (down 8.03% YoY), while the FY2025 annual figure was $61.6 million, down 2.61% from the prior year.
- Operating Expenses retreated to $14.9 million in Q1 2026 per SLND-WT's latest filing, from $17.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $19.9 million in Q4 2023 and bottomed at $13.5 million in Q2 2022.
- Historically, Operating Expenses has averaged $15.6 million across 5 years, with a median of $15.6 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 2842522.95% — and 2024, when it slipped 21.18%.
- Southland Holdings' Operating Expenses stood at $14.8 million in 2022, then surged by 34.33% to $19.9 million in 2023, then declined by 21.18% to $15.7 million in 2024, then increased by 8.22% to $17.0 million in 2025, then decreased by 12.09% to $14.9 million in 2026.
- Business Quant data shows SLND-WT's Operating Expenses at $14.9 million in Q1 2026, $17.0 million in Q4 2025, and $14.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 93.74 Bn | 93.23 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Comfort Systems Usa | 56.06 Bn | 54.21 Bn | 844.23 Mn | 287.05 Mn |
| 3 | Ferrovial | 41.69 Bn | 36.72 Bn | - | - |
| 4 | Emcor | 32.96 Bn | 32.03 Bn | 1.02 Bn | 475.04 Mn |
| 5 | Mastec | 18.42 Bn | 18.10 Bn | 556.28 Mn | 206.47 Mn |
| 6 | Jacobs Solutions | 17.37 Bn | 16.19 Bn | 810.70 Mn | 524.00 Mn |
| 7 | APi | 17.23 Bn | 16.38 Bn | 703.00 Mn | 528.00 Mn |
| 8 | Sterling Infrastructure | 14.25 Bn | 13.79 Bn | 289.96 Mn | 65.66 Mn |
| 9 | IES Holdings | 12.68 Bn | 12.30 Bn | 340.66 Mn | 162.17 Mn |
| 10 | Southland Holdings | 1.27 Mn | -44.45 Mn | -71.23 Mn | 16.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.71 Mn |
| Mar 31, 2026 | 14.94 Mn |
| Dec 31, 2025 | 17.00 Mn |
| Sep 30, 2025 | 14.59 Mn |
| Jun 30, 2025 | 13.57 Mn |
| Mar 31, 2025 | 16.47 Mn |
| Dec 31, 2024 | 15.71 Mn |
| Sep 30, 2024 | 17.49 Mn |
| Jun 30, 2024 | 15.68 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Dec 31, 2023 | 19.93 Mn |
| Sep 30, 2023 | 15.25 Mn |
| Jun 30, 2023 | 16.45 Mn |
| Mar 31, 2023 | 15.57 Mn |
| Dec 31, 2022 | 14.84 Mn |
| Sep 30, 2022 | 15.61 Mn |
| Jun 30, 2022 | 13.49 Mn |
| Mar 31, 2022 | 14.30 Mn |
| Dec 31, 2021 | 162,602.00 |
| Sep 30, 2021 | 549.00 |