LandBridge Company LLC financials
$80.49−0.28%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q2 '22 Jul 31 | Q1 '22 May 1 | Q4 '21 Jan 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $66.8M | $51.0M | $56.8M | $50.8M | $47.5M | $44.0M | $36.5M | $28.5M | $26.0M | $1.70B | $1.47B | $2.72B |
| Gross profit | $65.7M | $50.6M | $56.1M | $50.4M | $47.0M | $43.5M | $36.1M | $28.1M | $25.3M | $828.0M | $742.0M | $1.41B |
| Gross margin | 98.3% | 99.2% | 98.9% | 99.1% | 99.0% | 99.0% | 99.0% | 98.5% | 97.5% | 48.6% | 50.5% | 51.8% |
| Operating income | $44.2M | $29.2M | $34.1M | $30.9M | $28.5M | $25.0M | $18.0M | $3.2M | -$51.2M | $384.0M | $337.0M | $869.0M |
| Net income | $12.1M | $8.6M | $7.9M | $7.9M | $7.3M | $6.3M | $96.2M | $2.6M | -$57.7M | $374.0M | $277.0M | $860.0M |
| Net margin | 18.0% | 16.8% | 13.9% | 15.6% | 15.3% | 14.2% | 263.6% | 9.0% | −222.1% | 21.9% | 18.8% | 31.6% |
| Diluted EPS | $0.43 | $0.23 | $0.06 | $0.26 | $0.30 | $0.20 | $0.44 | $-0.04 | $-57653.00 | $1.34 | $0.97 | $3.06 |
| EBITDA | $48.5M | $33.6M | $37.8M | $33.5M | $31.0M | $27.6M | $20.6M | $5.2M | -$49.1M | $513.0M | $466.0M | $869.0M |
| Operating cash flow | $41.4M | $41.1M | $38.1M | $34.9M | $37.3M | $15.9M | $26.9M | $7.5M | $16.0M | $324.0M | $249.0M | $1.33B |
| Free cash flow | $40.2M | $40.9M | $36.4M | $33.7M | $36.1M | $15.8M | $26.7M | $7.1M | $15.7M | $211.0M | $184.0M | $1.30B |
| Diluted shares | 28.0M | 77.1M | 129.1M | 76.5M | 24.1M | 76.5M | 220.3M | 73.2M | 0.0M | 280.0M | 284.0M | 281.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $39.8M | $29.7M | $30.7M | $28.3M | $20.3M | $14.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $535.7M | $535.5M | $560.3M | $367.0M | $371.0M | $375.8M |
| Total assets | $1.38B | $1.36B | $1.37B | $1.08B | $1.07B | $1.01B |
| Total liabilities | $545.5M | $554.1M | $572.1M | $380.1M | $381.4M | $387.4M |
| Shareholders' equity | $831.8M | $808.1M | $794.0M | $697.8M | $685.0M | $620.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology