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
DateValue
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