LandBridge (LB) Cash from Operations (2023 - 2026)
LandBridge (LB) posted Cash from Operations of $41.37 million for Q2 2026, up 10.8% from $37.33 million a year earlier and up 0.6% from the prior quarter.
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Analysis
LandBridge (LB) Cash from Operations (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at LandBridge was $155.52 million, up 77.5% year-over-year; for FY2025, it was $126.27 million, up 86.7% from FY2024.
- In prior years, LandBridge's Cash from Operations was $67.64 million in FY2024 (+27.5%) and $53.04 million in FY2023.
- The Q2 2026 figure stands as the highest quarterly Cash from Operations in data going back to Q3 2023.
- On a year-over-year basis, Cash from Operations has increased in each of the last five quarters, with growth averaging 95.8% over the last eight quarters.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q3 2025, with growth of 368.6%; the weakest was Q3 2024, with a decline of 54.0%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $41.12 million (Q1 2026), $38.12 million (Q4 2025) and $34.91 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 172.86 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 41.37 Mn |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 886.01 Mn |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 43.94 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 71.06 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -718.00 Mn |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 32.70 Mn |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | -10.15 Mn |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 1.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.37 Mn |
| Mar 31, 2026 | 41.12 Mn |
| Dec 31, 2025 | 38.12 Mn |
| Sep 30, 2025 | 34.91 Mn |
| Jun 30, 2025 | 37.33 Mn |
| Mar 31, 2025 | 15.91 Mn |
| Dec 31, 2024 | 26.93 Mn |
| Sep 30, 2024 | 7.45 Mn |
| Jun 30, 2024 | 16.04 Mn |
| Mar 31, 2024 | 17.22 Mn |
| Dec 31, 2023 | 12.48 Mn |
| Sep 30, 2023 | 16.21 Mn |
API Access
LandBridge Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "LB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();