South Dakota Soybean Processors LLC.
- SDSYA · OTC
- Fats & Oils
- Volga, SD
- 209 employees
- CIK 0001163609
Updated from SEC filings through
Top things to know
Executives
- Thomas Kersting Chief Executive Officer 10-K, 2026-03-30
- Mark Hyde Chief Financial Officer 10-K, 2026-03-30
South Dakota Soybean Processors LLC is a U.S. public company in fats & oils (SIC 2070), headquartered in Volga, SD. It trades as SDSYA on OTC. Revenue was $504M in the fiscal year ending December 31, 2025, -9.1% from the year before. It reported about 209 employees. Thomas Kersting is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $504M 10-K, 2026-03-31 | $554M 10-K, 2026-03-31 | $703M 10-K, 2026-03-31 | $722M 10-K, 2025-03-28 | $590M 10-K, 2024-03-22 |
| Operating income | $17.5M 10-K, 2026-03-31 | $23.3M 10-K, 2026-03-31 | $71.9M 10-K, 2026-03-31 | $67.7M 10-K, 2025-03-28 | $28.9M 10-K, 2024-03-22 |
| SG&A | $7.2M 10-K, 2026-03-31 | $6.1M 10-K, 2026-03-31 | $6.5M 10-K, 2026-03-31 | $5.7M 10-K, 2025-03-28 | $4.6M 10-K, 2024-03-22 |
| Net income | $17.7M 10-K, 2026-03-31 | $20.3M 10-K, 2026-03-31 | $70.4M 10-K, 2026-03-31 | $67.5M 10-K, 2025-03-28 | $28.0M 10-K, 2024-03-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Thomas Kersting | Chief Executive Officer | 10-K, 2026-03-30 |
| Mark Hyde Chief Financial Officer at South Dakota Soybean Processors | Chief Financial Officer | 10-K, 2026-03-30 |
What South Dakota Soybean Processors LLC does
South Dakota Soybean Processors, LLC (“we,” “us,” “our” or the “Company”) is the owner and operator of three processing facilities and two oil refineries in the state of South Dakota. Our principal place of business is in Volga, South Dakota, where we operate a soybean processing plant and refinery and maintain administrative offices. We also own and operate a small oilseed processing plant near Miller, South Dakota.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 30.4 million (as of August 12, 2026) | 10-Q, August 12, 2026 |
|---|---|---|
| Public float | $205M (as of June 30, 2025) | 10-K, March 31, 2026 |
| Reportable segments | 2 (period ending September 30, 2014) | 10-Q, November 10, 2014 |
| Latest proxy statement | Meeting June 16, 2026 (filed April 23, 2026) | DEF 14A, April 23, 2026 |
| Auditor | Eide Bailly LLP (Denver. Colorado) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-06-22
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-13
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-02-25
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-13
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-11
- Item 8.01 Other events
- 8-K filed 2025-11-25
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2025-06-20
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2025-05-29
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2025-03-19
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2025-03-07
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about South Dakota Soybean Processors LLC
- What does South Dakota Soybean Processors LLC do?
- In its own words, from Item 1 of its 10-K: "South Dakota Soybean Processors, LLC (“we,” “us,” “our” or the “Company”) is the owner and operator of three processing facilities and two oil refineries in the state of South Dakota. Our principal place of business is in Volga, South Dakota, where we operate a soybean processing plant and refinery and maintain administrative offices. We also own and operate a small oilseed processing plant near Miller, South Dakota."
- What is South Dakota Soybean Processors LLC's revenue?
- $504M for the fiscal year ending December 31, 2025, from its 10-K filed March 31, 2026.
- Is South Dakota Soybean Processors LLC profitable?
- South Dakota Soybean Processors LLC reported net income of $17.7M for the fiscal year ending December 31, 2025.
- How many employees does South Dakota Soybean Processors LLC have?
- About 209 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of South Dakota Soybean Processors LLC?
- Thomas Kersting, Chief Executive Officer, as named in a 10-K filed March 30, 2026.
- Who is the CFO of South Dakota Soybean Processors LLC?
- Mark Hyde, Chief Financial Officer, as named in a 10-K filed March 30, 2026.
- Where is South Dakota Soybean Processors LLC headquartered?
- Volga, SD.
- What is South Dakota Soybean Processors LLC's stock ticker?
- SDSYA on OTC.
- What industry is South Dakota Soybean Processors LLC in?
- Fats & Oils, SIC code 2070.
- What is South Dakota Soybean Processors LLC's website?
- sdsbp.com.
- When does South Dakota Soybean Processors LLC report earnings next?
- November 12, 2026. Source: estimate_10q_cadence.
- Is South Dakota Soybean Processors LLC a public company?
- Yes. South Dakota Soybean Processors LLC files with the SEC under CIK 0001163609 and trades as SDSYA.
- Who audits South Dakota Soybean Processors LLC?
- Eide Bailly LLP, Denver. Colorado, as named in its latest annual report (10-K).
- How many shares of South Dakota Soybean Processors LLC are outstanding?
- 30.4 million shares as of August 12, 2026, from its 10-Q filed August 12, 2026.
- What is South Dakota Soybean Processors LLC's public float?
- $205M as of June 30, 2025, as reported on the cover of its 10-K filed March 31, 2026.
- How many business segments does South Dakota Soybean Processors LLC report?
- 2 reportable segments for the period ending September 30, 2014, from its 10-Q filed November 10, 2014.
- When is South Dakota Soybean Processors LLC's annual shareholder meeting?
- June 16, 2026, per its proxy statement (DEF 14A) filed April 23, 2026.