Income Statement - LandBridge Co LLC (LB)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | |
|---|---|---|---|---|
| Total revenue | 199.09 | 109.95 | 72.87 | 51.78 |
| Cost of revenue | 18.01 | 10.99 | 12.21 | 10.56 |
| Gross profit | 181.08 | 98.97 | 60.66 | 41.22 |
| Total operating expenses | 62.45 | 115.48 | -9.35 | 44.45 |
| Operating income | 118.50 | -16.51 | 70.01 | -3.23 |
| Non-operating income (net) | -37.04 | -23.09 | -6.47 | -2.97 |
| Income before tax | 81.47 | -39.60 | 63.54 | -6.20 |
| Income tax expense | 9.07 | 1.88 | 0.37 | 0.16 |
| Net income | 30.13 | 5.11 | 63.17 | -6.36 |
Show Quarterly Income Statement
Income Statement - LandBridge Co LLC (LB)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 51.01 | 56.78 | 50.83 | 47.53 | 43.95 | 36.50 | 28.49 | 25.95 | 19.01 | 37.49 | 17.80 | 21.72 | 15.89 | 16.22 |
| Cost of revenue | 6.09 | 5.55 | 3.02 | 4.10 | 3.06 | 2.96 | 2.46 | 2.76 | 2.82 | 2.79 | 1.00 | 1.00 | 1.08 | 1.40 |
| Gross profit | 44.91 | 51.23 | 47.81 | 43.43 | 40.89 | 33.54 | 26.03 | 23.20 | 16.20 | 34.70 | 16.80 | 20.72 | 14.81 | 14.81 |
| Total operating expenses | 15.73 | 11.27 | 16.92 | 14.93 | 15.86 | 15.53 | 22.84 | 74.43 | 2.68 | 9.78 | -2.31 | -24.60 | 14.65 | 11.60 |
| Operating income | 29.18 | 39.96 | 30.89 | 28.50 | 25.04 | 18.02 | 3.19 | -51.24 | 13.52 | 24.93 | 19.10 | 45.32 | 0.16 | 3.22 |
| Non-operating income (net) | -9.52 | -19.17 | -7.89 | -7.88 | -7.98 | -7.10 | -7.07 | -6.28 | -2.64 | -25.24 | -2.37 | -0.56 | -0.70 | -0.69 |
| Income before tax | 19.66 | 20.79 | 23.00 | 20.62 | 17.06 | 10.92 | -3.88 | -57.52 | 10.88 | -0.31 | 16.74 | 44.76 | -0.54 | 2.53 |
| Income tax expense | 1.79 | 2.61 | 2.71 | 2.15 | 1.60 | 2.77 | -1.13 | 0.14 | 0.10 | 3.07 | 0.10 | 0.10 | 0.10 | 0.07 |
| Net income | 17.87 | 8.06 | 8.11 | 7.28 | 6.46 | 2.45 | 2.66 | -57.65 | 10.78 | -49.30 | 16.63 | 44.66 | -0.65 | 2.46 |