LandBridge (LB) Intangibles (2023 - 2026)
LandBridge's Intangibles came in at $131.44 million for Q2 2026, up 205.8% from $42.99 million a year earlier but down 2.1% from the prior quarter.
Analysis
LandBridge (LB) Intangibles (2023 - 2026) Analysis & Trends
At the end of FY2025, LandBridge's Intangibles was $136.96 million, up 202.6% from FY2024.
- Going back by year, Intangibles was $45.27 million in FY2024 (+58.0%) and $28.64 million in FY2023.
- The five-year range for quarterly Intangibles is $27.48 million (Q3 2024) to $136.96 million (Q4 2025).
- Year-over-year, Intangibles has increased for five consecutive quarters, with growth averaging 129.3% over the last six quarters.
- Business Quant data shows LB's Intangibles at $134.2 million (Q1 2026), $136.96 million (Q4 2025) and $41.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - | 31.68 Mn |
| 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 | 131.44 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 | 15.39 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 | 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 |
API Access
LandBridge Intangibles 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=intangibles&ticker=LB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();