LandBridge (LB) Gross Profit (2023 - 2026)
LandBridge (LB) reported Gross Profit of $65.71 million for Q2 2026, up 39.7% from $47.04 million a year earlier and up 29.8% from the prior quarter.
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Analysis
LandBridge (LB) Gross Profit (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, LandBridge's Gross Profit came in at $222.84 million, up 44.0% year-over-year; for FY2025, it was $197.07 million, up 82.7% from FY2024.
- By year, Gross Profit came in at $107.84 million in FY2024 (+55.3%) and $69.42 million in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Gross Profit in data going back to Q2 2023.
- Year over year, Gross Profit has now increased in each of the last nine quarters, with growth averaging 74.1% over the last eight quarters.
- Across the past five years, year-over-year growth in Gross Profit ran from 16.4% in Q1 2026 to 137.1% in Q1 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at $50.61 million (Q1 2026), $56.14 million (Q4 2025) and $50.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - |
| 2 | St Joe | 3.87 Bn | 3.36 Bn | 73.42 Mn |
| 3 | Millrose Properties | 3.65 Bn | 3.29 Bn | - |
| 4 | LandBridge | 2.24 Bn | 2.11 Bn | 65.71 Mn |
| 5 | Opendoor Technologies | 1.97 Bn | -1.85 Bn | 86.00 Mn |
| 6 | Forestar | 1.28 Bn | -66.65 Mn | 84.10 Mn |
| 7 | Five Point Holdings | 634.45 Mn | -823.18 Mn | -23.72 Mn |
| 8 | Tejon Ranch | 435.85 Mn | 355.47 Mn | - |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.71 Mn |
| Mar 31, 2026 | 50.61 Mn |
| Dec 31, 2025 | 56.14 Mn |
| Sep 30, 2025 | 50.39 Mn |
| Jun 30, 2025 | 47.04 Mn |
| Mar 31, 2025 | 43.49 Mn |
| Dec 31, 2024 | 36.13 Mn |
| Sep 30, 2024 | 28.06 Mn |
| Jun 30, 2024 | 25.31 Mn |
| Mar 31, 2024 | 18.34 Mn |
| Dec 31, 2023 | 17.09 Mn |
| Sep 30, 2023 | 16.80 Mn |
| Jun 30, 2023 | 20.72 Mn |
API Access
LandBridge Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "LB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();