LandBridge (LB) Cost of Revenue (2024 - 2026)
LandBridge (LB) reported Cost of Revenue of $1.3 million for Q1 2026, up 12.6% on a YoY basis from $1.1 million in Q1 2025, and up 8.55% quarter-over-quarter from $1.2 million in Q4 2025.
LandBridge (LB) Cost of Revenue (2024 - 2026) Analysis & Trends
LandBridge has reported Cost of Revenue for 3 years, with the latest figure at $1.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 12.6% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at $4.7 million (up 23.26% YoY), and the FY2025 full-year result was $4.5 million, up 42.34% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.3 million, up from $1.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.3 million in Q4 2024, with the low at $517000.0 in Q1 2024.
- Historically, Cost of Revenue has averaged $995888.9 across 3 years, with a median of $1.1 million in 2025.
- The largest YoY upside for Cost of Revenue was 117.99% in 2025 against a maximum downside of 12.57% in 2025.
- LandBridge's Cost of Revenue 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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.05 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 5.07 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 3.37 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.67 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 276.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 126.34 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 122.88 Mn |
| 10 | LandBridge | 1.96 Bn | 2.39 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 |