LandBridge (LB) Intangibles (2023 - 2026)
LandBridge's (LB) quarterly Intangibles came in at $131.4 million in Q2 2026, up 205.79% on a YoY basis from $43.0 million in Q2 2025, and down 2.06% quarter-over-quarter from $134.2 million in Q1 2026.
Analysis
LandBridge (LB) Intangibles (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Intangibles for 4 consecutive years, with $131.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Intangibles rose 205.79% year-over-year to $131.4 million; the trailing twelve-month figure through Jun 2026 stood at $131.4 million (up 205.79% YoY), and the FY2025 full-year result was $137.0 million, up 202.58% from the prior year.
- Intangibles retreated to $131.4 million in Q2 2026 per LB's latest filing, from $134.2 million in the prior quarter.
- Across five years, Intangibles topped out at $137.0 million in Q4 2025 and bottomed at $27.5 million in Q3 2024.
- Historically, Intangibles has averaged $66.1 million across 4 years, with a median of $43.6 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Intangibles jumped 52.25% in 2025, then jumped 205.79% in 2026.
- Over 4 years, Intangibles stood at $28.6 million in 2023, then soared by 58.04% to $45.3 million in 2024, then soared by 202.58% to $137.0 million in 2025, then slipped by 4.03% to $131.4 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $131.4 million, $134.2 million, and $137.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.33 Bn | 24.08 Bn | - | 31.68 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | 6.23 Mn |
| 3 | LandBridge | 6.60 Bn | 7.04 Bn | 65.51 Mn | 131.44 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.98 Bn | 6.13 Bn | - | - |
| 5 | Opendoor Technologies | 2.48 Bn | 1.58 Bn | 86.00 Mn | - |
| 6 | Frp Holdings | 403.74 Mn | 403.74 Mn | - | - |
| 7 | American Realty Investors | 263.12 Mn | 458.12 Mn | - | - |
| 8 | Belpointe PREP | 179.07 Mn | 179.07 Mn | - | - |
| 9 | Star Holdings | 109.70 Mn | 76.15 Mn | 5.31 Mn | 76,000.00 |
| 10 | Logistic Properties of the Americas | 99.60 Mn | 168.19 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.44 Mn |
| Mar 31, 2026 | 134.20 Mn |
| Dec 31, 2025 | 136.96 Mn |
| Sep 30, 2025 | 41.85 Mn |
| Jun 30, 2025 | 42.99 Mn |
| Mar 31, 2025 | 44.13 Mn |
| Dec 31, 2024 | 45.27 Mn |
| Sep 30, 2024 | 27.48 Mn |
| Jun 30, 2024 | 28.05 Mn |
| Dec 31, 2023 | 28.64 Mn |