Southland Holdings Inc. reported revenue of $213.3 million for the third quarter ended September 30, 2025, up from $173.3 million in the same period in 2024. Gross profit was $3.3 million, compared to a gross loss of $51.1 million a year earlier. The gross profit margin was 1.5%, improving from negative 29.5% in the previous year. The company reported a net loss attributable to Southland stockholders of $90.1 million, or $1.67 per share, compared to a net loss of $101.2 million, or $2.11 per share, in the prior year. Southland reported a backlog of $2.26 billion. The company stated that results for the quarter include a one-time non-cash tax charge and adjustments related to legacy projects and dispute resolutions.