LandBridge Company LLC
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.8M | $51.0M | $56.8M | $50.8M | $47.5M | $44.0M | $36.5M | $28.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $15.9M | $15.7M | — | — | $14.8M | $14.7M | — | — |
| Operating Income | $44.2M | $29.2M | $34.1M | $30.9M | $28.5M | $25.0M | $18.0M | $3.2M |
| Operating Margin | 66.1% | 57.2% | 60.0% | 60.8% | 60.0% | 57.0% | 49.4% | 11.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $35.0M | $19.7M | $20.8M | $23.0M | $20.6M | $17.1M | $10.9M | $-3.9M |
| Income Tax Expense | $3.9M | $1.8M | $2.6M | $2.7M | $2.1M | $1.6M | $2.8M | $-1.1M |
| Net Income | $12.3M | $8.7M | $8.1M | $8.1M | $7.5M | $6.5M | $2.5M | $2.7M |
| Net Margin | 18.4% | 17.1% | 14.2% | 15.9% | 15.8% | 14.7% | 6.7% | 9.3% |
| EPS (Basic) | $0.43 | $0.31 | $0.30 | $0.31 | $0.30 | $0.27 | — | $0.15 |
| EPS (Diluted) | $0.40 | $0.23 | $0.24 | $0.26 | $0.24 | $0.20 | — | $-0.04 |
| Shares Outstanding (Basic) | 28.0M | 27.8M | 24.8M | 25.3M | 24.1M | 23.3M | 23.3M | 17.4M |
| Shares Outstanding (Diluted) | 77.0M | 77.1M | 76.5M | 76.5M | 76.4M | 76.5M | 23.3M | 73.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |