LandBridge (LB) Accumulated Expenses (2023 - 2026)
LandBridge's (LB) quarterly Accumulated Expenses came in at $5.9 million in Q2 2026, down 5.32% on a YoY basis from $6.3 million in Q2 2025, and down 58.1% quarter-over-quarter from $14.2 million in Q1 2026.
Analysis
LandBridge (LB) Accumulated Expenses (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Accumulated Expenses for 4 consecutive years, with $5.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Accumulated Expenses fell 5.32% year-over-year to $5.9 million; the trailing twelve-month figure through Jun 2026 stood at $5.9 million (down 5.32% YoY), and the FY2025 full-year result was $7.8 million, up 8.3% from the prior year.
- Accumulated Expenses declined to $5.9 million in Q2 2026 per LB's latest filing, from $14.2 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $14.2 million in Q1 2026 and bottomed at $4.9 million in Q4 2023.
- Historically, Accumulated Expenses has averaged $7.9 million across 4 years, with a median of $6.7 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Accumulated Expenses plunged 51.63% in 2025, then jumped 143.14% in 2026.
- Over 4 years, Accumulated Expenses stood at $4.9 million in 2023, then surged by 45.3% to $7.2 million in 2024, then advanced by 8.3% to $7.8 million in 2025, then declined by 23.58% to $5.9 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $5.9 million, $14.2 million, and $7.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.33 Bn | 24.08 Bn | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - |
| 3 | LandBridge | 6.60 Bn | 7.04 Bn | 65.51 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.98 Bn | 6.13 Bn | - |
| 5 | Opendoor Technologies | 2.48 Bn | 1.58 Bn | 86.00 Mn |
| 6 | Frp Holdings | 403.74 Mn | 403.74 Mn | - |
| 7 | American Realty Investors | 263.12 Mn | 458.12 Mn | - |
| 8 | Belpointe PREP | 179.07 Mn | 179.07 Mn | - |
| 9 | Star Holdings | 109.70 Mn | 76.15 Mn | 5.31 Mn |
| 10 | Logistic Properties of the Americas | 99.60 Mn | 168.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.95 Mn |
| Mar 31, 2026 | 14.19 Mn |
| Dec 31, 2025 | 7.78 Mn |
| Sep 30, 2025 | 7.32 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Mar 31, 2025 | 5.84 Mn |
| Dec 31, 2024 | 7.19 Mn |
| Sep 30, 2024 | 6.20 Mn |
| Jun 30, 2024 | 12.98 Mn |
| Dec 31, 2023 | 4.95 Mn |