South Dakota Soybean Processors Swings to $23.7M Q2 Profit on 195% Revenue Surge
SDSYA has more than doubled off its 52-week low of $3.1.
Summary
South Dakota Soybean Processors reported a strong Q2 2026 with net income of $23.7 million, driven by its new Mitchell facility and higher soybean oil prices, though debt and interest costs rose sharply.
Key Events · Earnings and Guidance · SDSYA
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Q2 Net Income Swings to $23.7M
Net income attributable to the Company was $23.7 million in Q2 2026, compared to a loss of $1.0 million in Q2 2025. Earnings per unit were $0.78 versus a loss of $0.03.
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Revenue Surges 195.5% on New Facility
Q2 revenue reached $326.9 million, up from $110.6 million a year earlier. The Mitchell facility, which began operations in Q4 2025, doubled processing capacity and drove a 125.3% increase in volumes.
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Gross Margin Expands to 11.1%
Gross profit was $36.4 million in Q2 2026, up from $0.3 million in Q2 2025. The improvement was driven by stronger soybean oil demand following updated Renewable Volume Obligations.
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Interest Expense Jumps 434.5%
Interest expense rose to $6.6 million in Q2 2026 from $1.2 million a year earlier, reflecting higher borrowings. Long-term debt increased to $323.1 million from $253.8 million at year-end 2025.
Analysis · SDSYA · Manufacturing
The company's new Mitchell facility doubled processing capacity, driving revenue up 195.5% to $326.9 million in Q2 2026. Gross margin expanded from 0.2% to 11.1%, turning a $1.0 million loss into a $23.7 million profit. However, interest expense jumped 434.5% to $6.6 million as long-term debt climbed to $323.1 million, and operating cash flow was negative $51.0 million for the half. The results confirm the facility is ramping profitably, but the balance sheet is more leveraged.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SDSYA was trading at $7.10 on OTC in the Manufacturing sector, with a market capitalization of approximately $215.9M. The 52-week trading range was $3.10 to $10.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.