LandBridge Company LLC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $199.1M | $110.0M | $72.9M |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $118.5M | $-16.5M | $70.0M |
| Operating Margin | 59.5% | -15.0% | 96.1% |
| Interest Expense | — | — | — |
| Pretax Income | $81.5M | $-39.6M | $63.5M |
| Income Tax Expense | $9.1M | $1.9M | $370.0K |
| Net Income | $30.1M | $5.1M | $63.2M |
| Net Margin | 15.1% | 4.6% | 86.7% |
| EPS (Basic) | $1.18 | $0.28 | — |
| EPS (Diluted) | $0.94 | $0.07 | — |
| Shares Outstanding (Basic) | 24.8M | 17.8M | — |
| Shares Outstanding (Diluted) | 76.5M | 73.4M | — |
| Dividends Per Share | — | — | — |