N.A. · South Dakota Soybean Processors LLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $225.53M | - | $129.82M | $110.64M | $117.91M | - | $130.65M | $149.72M | $148.26M | - |
| Cost of Revenue | $231.07M | - | $116.04M | $110.37M | $112.01M | - | $128.37M | $141.16M | $140.92M | - |
| Gross Profit | ($5.54M) | - | $13.79M | $273.4K | $5.91M | - | $2.28M | $8.56M | $7.34M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.30M | - | $1.87M | $1.68M | $1.72M | - | $1.25M | $1.50M | $1.63M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $7.81M | - | $1.86M | $1.86M | $1.98M | - | $1.52M | $1.52M | $1.50M | - |
| Operating Income | ($7.84M) | - | $11.91M | ($1.41M) | $4.18M | - | $1.02M | $7.06M | $5.70M | - |
| Interest Expense | $6.15M | - | $1.21M | $1.23M | $1.45M | - | $1.62M | $1.92M | $1.45M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($4.26M) | - | $10.75M | ($973.1K) | $4.37M | - | $23.4K | $6.03M | $5.47M | - |
| EPS - Basic | ($0.14) | - | $0.35 | ($0.03) | $0.14 | - | $0.00 | $0.20 | $0.18 | - |
| EPS - Diluted | ($0.14) | - | $0.00 | ($0.03) | $0.18 | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.34M | $8.35M | $12.61M | $7.18M | $6.42M | $39.59M | $59.30M | $98.72M | $135.22M | $72.91M |
| Accounts Receivable | $30.59M | $29.29M | $31.57M | $28.70M | $27.76M | $29.77M | $30.14M | $34.61M | $37.70M | $43.55M |
| Inventory | $182.80M | $132.83M | $81.91M | $64.93M | $66.26M | $45.08M | $75.76M | $78.03M | $81.94M | $72.05M |
| Accounts Payable | $5.81M | $3.16M | $1.80M | $2.11M | $1.77M | $3.98M | $20.58M | $14.64M | $7.56M | $7.46M |
| Current Assets | $234.28M | $183.72M | $137.78M | $113.39M | $109.70M | $127.02M | $180.23M | $226.04M | $275.83M | $205.80M |
| Total Assets | $885.76M | $842.78M | $727.12M | $645.12M | $582.42M | $541.89M | $525.46M | $512.94M | $517.91M | $424.74M |
| Current Liabilities | $187.51M | $158.34M | $103.57M | $75.28M | $72.84M | $102.53M | $121.18M | $118.22M | $124.61M | $105.63M |
| Long-term Debt | $304.31M | $251.14M | $216.27M | $197.32M | $133.09M | $57.67M | $46.00M | $45.60M | $50.10M | $0 |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $320.72M | $341.23M | $340.89M | $329.92M | $332.37M | $335.96M | $327.35M | $326.91M | $149.79M | $296.23M |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($82.76M) | - | - | - | ($39.95M) | - | - | - | ($31.82M) | - |
| Investing Cash Flow | ($15.00M) | - | - | - | ($60.80M) | - | - | - | ($23.14M) | - |
| Financing Cash Flow | $95.75M | - | - | - | $67.57M | - | - | - | $117.27M | - |
| CapEx | $14.87M | - | - | - | $60.80M | - | - | - | $22.82M | - |
| Free Cash Flow | ($97.63M) | - | - | - | ($100.75M) | - | - | - | ($54.64M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | -2.5% | - | 10.6% | 0.2% | 5.0% | - | 1.7% | 5.7% | 4.9% | - |
| Operating margin | -3.5% | - | 9.2% | -1.3% | 3.5% | - | 0.8% | 4.7% | 3.8% | - |
| EBITDA margin | -0.0% | - | 10.6% | 0.4% | 5.2% | - | 1.9% | 5.7% | 4.9% | - |
| Net margin | -1.9% | - | 8.3% | -0.9% | 3.7% | - | 0.0% | 4.0% | 3.7% | - |
| Free cash flow margin | -43.3% | - | - | - | -85.4% | - | - | - | -36.9% | - |
| FCF / Net income | 22.94 | - | - | - | -23.04 | - | - | - | -9.98 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.0% | - | 1.4% | 1.5% | 1.5% | - | 1.0% | 1.0% | 1.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.5% | - | 1.5% | -0.2% | 0.8% | - | 0.0% | 1.2% | 1.1% | - |
| Return on equity | -1.3% | - | 3.2% | -0.3% | 1.3% | - | 0.0% | 1.8% | 3.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.25 | 1.16 | 1.33 | 1.51 | 1.51 | 1.24 | 1.49 | 1.91 | 2.21 | 1.95 |
| Quick ratio | 0.27 | 0.32 | 0.54 | 0.64 | 0.60 | 0.80 | 0.86 | 1.25 | 1.56 | 1.27 |
| Cash ratio | 0.03 | 0.05 | 0.12 | 0.10 | 0.09 | 0.39 | 0.49 | 0.84 | 1.09 | 0.69 |
| Leverage | ||||||||||
| Debt / Equity | 0.95 | 0.74 | 0.63 | 0.60 | 0.40 | 0.17 | 0.14 | 0.14 | 0.33 | 0.00 |
| Debt / Assets | 0.34 | 0.30 | 0.30 | 0.31 | 0.23 | 0.11 | 0.09 | 0.09 | 0.10 | 0.00 |
| Debt / EBITDA | - | - | 15.70 | 438.97 | 21.59 | - | 18.11 | 5.32 | 6.95 | - |
| Interest coverage | -1.3x | - | 9.8x | -1.1x | 2.9x | - | 0.6x | 3.7x | 3.9x | - |
| Equity multiplier | 2.76 | 2.47 | 2.13 | 1.96 | 1.75 | 1.61 | 1.61 | 1.57 | 3.46 | 1.43 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | - | 0.18 | 0.17 | 0.20 | - | 0.25 | 0.29 | 0.29 | - |
| Inventory turnover | 1.26 | - | 1.42 | 1.70 | 1.69 | - | 1.69 | 1.81 | 1.72 | - |
| Days sales outstanding | 50d | - | 89d | 95d | 86d | - | 84d | 84d | 93d | - |
| Days inventory outstanding | 289d | - | 258d | 215d | 216d | - | 215d | 202d | 212d | - |
| Days payable outstanding | 9d | - | 6d | 7d | 6d | - | 59d | 38d | 20d | - |
| Cash conversion cycle | 329d | - | 341d | 302d | 296d | - | 241d | 248d | 285d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 91.3% | - | -0.6% | -26.1% | -20.5% | - | -26.2% | -19.0% | -13.8% | - |
| Revenue CAGR (3y) | 9.5% | - | -11.1% | -14.2% | -11.8% | - | -4.0% | -2.2% | 6.2% | - |
| Revenue CAGR (5y) | 12.8% | - | 4.4% | 3.5% | 3.6% | - | 9.0% | 8.3% | 10.0% | - |
| Gross profit growth (YoY) | - | - | 505.3% | -96.8% | -19.5% | - | -88.7% | -29.6% | -70.2% | - |
| Operating income growth (YoY) | - | - | 1063.4% | - | -26.7% | - | -94.5% | -34.3% | -75.3% | - |
| Net income growth (YoY) | - | - | 45876.1% | - | -20.1% | - | -99.9% | -37.9% | -75.9% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 3.1% | - | - | - | -84.4% | - | - | - | -217.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -3.5% | 1.6% | 4.1% | 0.9% | 121.9% | 13.4% | 188.6% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$503.82M totalSoybean Meal And Hulls$295.75M · 58.7%
Soybean Oiland Oil Byproducts$208.06M · 41.3%
Geographic
$1.01B totalUnitedstatesand Canada$503.82M · 50.0%
US$439.55M · 43.6%
CA$64.26M · 6.4%
Peer comparison
Same SIC group: Fats & Oils
Comparing SOUTH DAKOTA SOYBEAN PROCESSORS LLC against the 5 most active filers in the same SIC group.