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
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