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SOUTH DAKOTA SOYBEAN PROCESSORS LLC

CIK: 1163609 SIC: 2070
$503.82M
Revenue
$17.74M
Net Income
4.90%
Gross Margin
3.46%
Op. Margin
$-502.80M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
+ Total Revenue $503.82M $503.82M $554.42M $703.15M $721.53M $415.03M
Revenue Growth % 0.0% -9.1% -21.2% -2.5% 73.9% nan%
Cost of Revenue $479.12M $479.12M $525.03M $624.73M $648.12M $395.77M
+ Gross Profit $24.70M $24.70M $29.39M $78.42M $73.42M $19.25M
Gross Margin % 4.9% 4.9% 5.3% 11.2% 10.2% 4.6%
+ Operating Income $17.45M $17.45M $23.33M $71.93M $67.75M $15.43M
Operating Margin % 3.5% 3.5% 4.2% 10.2% 9.4% 3.7%
Interest Expense $7.82M $4.29M $6.42M $2.84M $2.20M $1.09M
Other Income/Expense $733.79K $733.79K $4.42M $1.33M $1.22M $1.04M
Income Before Tax - - - - - $15.58M
Income Tax Expense - - - - - -
+ Net Income $17.74M $17.74M $20.32M $70.45M $67.46M $15.58M
Net Margin % 3.5% 3.5% 3.7% 10.0% 9.4% 3.8%
Basic EPS nan 0.58 0.67 2.32 2.22 0.51
Diluted EPS nan 0.58 0.67 2.32 2.22 0.51
Basic Shares Outstanding - 30.4M 30.4M 30.4M 30.4M -
Diluted Shares Outstanding - 30.4M 30.4M 30.4M 30.4M -
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $8.35M $39.59M $72.91M $866.70K $3.65M
Accounts Receivable $29.29M $29.77M $43.55M $43.52M $28.99M
Inventory $132.83M $45.08M $72.05M $134.25M $69.59M
Total Current Assets $183.72M $127.02M $205.80M $197.55M $138.76M
Property Plant & Equipment $553.39M $359.78M $174.93M $74.56M $64.23M
Other Non-current Assets $982.69K $656.00K $336.50K $96.25K -
Total Assets $842.78M $541.89M $424.74M $311.20M $225.82M
Accounts Payable $3.16M $3.98M $7.46M $2.25M $1.51M
Deferred Revenue $14.11M $10.52M $737.50K - -
Total Current Liabilities $158.34M $102.53M $105.63M $121.55M $107.37M
Long-term Debt $253.84M $57.67M - $8.85M $17.50M
Total Stockholders Equity $341.23M $335.96M $296.23M $163.54M $94.84M
Total Liabilities & Equity $842.78M $541.89M $424.74M $311.20M $225.82M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2020
(Dec 31, 2020)
Net Income $17.74M $17.74M $20.32M $70.45M $67.46M $15.58M
Depreciation & Amortization $15.79M $9.84M $6.52M $5.83M $5.56M $4.91M
Change in Working Capital $146.07M $54.40M $-29.04M $-74.24M $46.42M $13.95M
Change in Receivables - $-486.27K $-13.78M $30.95K - -
Change in Inventory - $88.12M $-23.80M $-60.76M - -
Change in Payables - $-822.51K $-3.48M $5.22M - -
Operating Cash Flow $-116.92M $-38.92M $58.40M $126.44M $27.43M $14.21M
Capital Expenditure $385.88M $202.16M $175.70M $104.27M $7.75M $4.65M
Purchases of Investments - - - - $2.38M $404.33K
Investing Cash Flow $-386.42M $-202.37M $-176.00M $-104.21M $-9.95M $-4.95M
Debt Repayment $37.30M $30.80M - $31.56M $13.81M $33.88M
Financing Cash Flow $406.51M $210.05M $84.29M $49.82M $-17.45M $-6.23M
Net Change in Cash $-96.83M $-31.24M $-33.32M $72.04M $32.96K $3.03M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $129.82M - $358.38M -
Cost of Revenue $116.04M - $338.41M -
Gross Profit $13.79M - $19.97M -
Operating Income $11.91M - $14.69M -
Interest Expense $1.21M - $3.59M -
Other Income/Expense $263.83K - $663.00K -
Net Income $10.75M $6.64M $14.15M -
Basic EPS 0.35 - 0.47 -
Diluted EPS 0.35 - 0.47 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $12.61M $39.59M
Accounts Receivable $31.57M $29.77M
Inventory $81.91M $45.08M
Total Current Assets $137.78M $127.02M
Property Plant & Equipment $534.04M $359.78M
Other Non-current Assets $982.69K $656.00K
Total Assets $727.12M $541.89M
Accounts Payable $1.80M $3.98M
Deferred Revenue $280.94K $10.52M
Total Current Liabilities $103.57M $102.53M
Long-term Debt $216.27M $57.67M
Total Stockholders Equity $340.89M $335.96M
Total Liabilities & Equity $727.12M $541.89M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $10.75M $6.64M $14.15M -
Depreciation & Amortization - - $5.96M -
Change in Working Capital - - $29.63M -
Operating Cash Flow - - $-17.12M -
Capital Expenditure - - $158.39M -
Investing Cash Flow - - $-158.61M -
Debt Repayment - - $15.91M -
Financing Cash Flow - - $148.75M -
Net Change in Cash - - $-26.98M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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