LandBridge (LB) Cost of Revenue (2024 - 2026)
LandBridge's (LB) quarterly Cost of Revenue came in at $1.3 million in Q1 2026, up 12.6% YoY from $1.1 million in Q1 2025, and up 8.55% on a QoQ basis from $1.2 million in Q4 2025.
LandBridge (LB) Cost of Revenue (2024 - 2026) Analysis & Trends
LandBridge (LB) has 3 years of Cost of Revenue data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Cost of Revenue rose 12.6% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.7 million (up 23.26% YoY) and the FY2025 annual result came in at $4.5 million, up 42.34% from the prior year.
- Cost of Revenue climbed to $1.3 million in Q1 2026, from $1.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.3 million in Q4 2024 to a low of $517000.0 in Q1 2024.
- A 3-year average of $995888.9 and a median of $1.1 million in 2025 frame the typical range for Cost of Revenue.
- The widest YoY moves for Cost of Revenue: up 117.99% in 2025, down 12.57% in 2025.
- Tracing LB's Cost of Revenue over 3 years: stood at $1.3 million in 2024, then decreased by 12.57% to $1.2 million in 2025, then grew by 8.55% to $1.3 million in 2026.
- The last three Cost of Revenue figures came in at $1.3 million (Q1 2026), $1.2 million (Q4 2025), and $1.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | LandBridge | 2.51 Bn | 2.47 Bn | 65.51 Mn | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Mn |
| Jun 30, 2026 | 1.33 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.17 Mn |
| Dec 31, 2025 | 1.17 Mn |
| Sep 30, 2025 | 1.16 Mn |
| Sep 30, 2025 | 1.16 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Mar 31, 2025 | 1.13 Mn |
| Mar 31, 2025 | 1.13 Mn |
| Dec 31, 2024 | 1.34 Mn |
| Dec 31, 2024 | 1.34 Mn |
| Sep 30, 2024 | 708,000.00 |
| Sep 30, 2024 | 708,000.00 |
| Jun 30, 2024 | 611,000.00 |
| Jun 30, 2024 | 611,000.00 |
| Mar 31, 2024 | 517,000.00 |
| Mar 31, 2024 | 517,000.00 |