Southland Holdings swings to Q3 net income of $33.71 million as revenue rises 10% to $233.78 million
SLND•Southland Holdings reported third-quarter 2026 net income attributable to stockholders of $33.71 million, or $0.62 per diluted share, as revenue rose 10% year over year to $233.78 million. Other income included $28.7 million related to a Liberty Mutual settlement.
1. Quarterly results
Southland Holdings swung to third-quarter 2026 net income attributable to stockholders of $33.71 million, or $0.62 per diluted share. Revenue rose 10% year over year to $233.78 million, and gross profit margin increased to 8.8%. Other income, net rose to $32.4 million, primarily driven by $28.7 million related to the Liberty Mutual settlement. CEO Frank Renda said demand for services remained strong and management remained focused on converting new opportunities into profitable awards.
