Texas Pacific Land financials
$328.70−2.79%
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 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $246.1M | $236.8M | $211.6M | $203.1M | $187.5M | $196.0M | $185.8M | $173.6M | $172.3M | $174.1M | $166.7M | $158.0M |
| Gross profit | $234.5M | $222.5M | $194.1M | $186.7M | $179.1M | $184.9M | $176.4M | $161.8M | $157.5M | $163.9M | $157.6M | $149.4M |
| Gross margin | 95.3% | 94.0% | 91.7% | 91.9% | 95.5% | 94.3% | 95.0% | 93.2% | 91.4% | 94.1% | 94.6% | 94.6% |
| Operating income | $191.8M | $182.3M | $149.2M | $149.1M | $143.8M | $150.1M | $142.5M | $127.3M | $133.2M | $136.0M | $133.9M | $127.0M |
| Net income | $153.9M | $142.9M | $123.3M | $121.2M | $116.1M | $120.7M | $118.4M | $106.6M | $114.6M | $114.4M | $113.1M | $105.6M |
| Net margin | 62.6% | 60.3% | 58.3% | 59.7% | 61.9% | 61.6% | 63.7% | 61.4% | 66.5% | 65.7% | 67.9% | 66.8% |
| Diluted EPS | $2.23 | $2.07 | $1.07 | $1.76 | $1.68 | $1.75 | $0.57 | $1.54 | $1.66 | $1.66 | $1.64 | $1.53 |
| EBITDA | $208.5M | $196.4M | $171.2M | $164.1M | $157.4M | $162.0M | $154.0M | $133.1M | $137.3M | $139.9M | $133.9M | $130.5M |
| Operating cash flow | $172.9M | $162.0M | $113.7M | $154.6M | $120.9M | $156.7M | $126.6M | $118.6M | $98.3M | $147.2M | $111.4M | $107.6M |
| Free cash flow | $151.0M | $154.7M | $85.0M | $136.0M | $117.6M | $147.8M | $113.3M | $110.7M | $91.9M | $145.0M | $107.0M | $102.5M |
| Diluted shares | 69.0M | 69.0M | 115.0M | 69.0M | 69.0M | 69.0M | 207.2M | 69.0M | 69.0M | 69.1M | 207.5M | 69.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $248.6M | $247.6M | $144.8M | $531.8M | $543.9M | $460.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $1.86B | $1.75B | $1.62B | $1.52B | $1.40B | $1.35B |
| Total liabilities | $187.1M | $195.5M | $164.4M | $156.9M | $115.7M | $147.0M |
| Shareholders' equity | $1.67B | $1.56B | $1.46B | $1.37B | $1.29B | $1.21B |
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