LandBridge (LB) Cost of Revenue (2024 - 2026)
LandBridge (LB) posted Cost of Revenue of $1.3 million for Q1 2026, up 8.55% on a QoQ basis from $1.2 million in Q4 2025, and up 12.6% year-over-year from $1.1 million in Q1 2025.
LandBridge (LB) Cost of Revenue (2024 - 2026) Analysis & Trends
LandBridge's Cost of Revenue history runs 3 years deep, the most recent figure standing at $1.3 million for 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 was $1.3 million for Q1 2026 at LandBridge, up from $1.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.3 million in Q4 2024 and bottomed at $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.
- Peak annual rise in Cost of Revenue reached 117.99% in 2025, while the deepest fall reached 12.57% in 2025.
- LandBridge's Cost of Revenue stood at $1.3 million in 2024, then dropped by 12.57% to $1.2 million in 2025, then rose by 8.55% to $1.3 million in 2026.
- Business Quant data shows LB's Cost of Revenue at $1.3 million in Q1 2026, $1.2 million in Q4 2025, and $1.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | LandBridge | 2.14 Bn | 2.11 Bn | 49.74 Mn | 1.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |