LandBridge (LB) Net Income (2023 - 2026)
LandBridge (LB) posted Net Income of $17.9 million for Q1 2026, down 31.92% on a QoQ basis from $26.2 million in Q4 2025, and up 15.58% year-over-year from $15.5 million in Q1 2025.
LandBridge (LB) Net Income (2023 - 2026) Analysis & Trends
LandBridge's Net Income history runs 4 years deep, the most recent figure standing at $17.9 million for Q1 2026.
- Quarterly Net Income rose 15.58% year-over-year to $17.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $82.9 million (up 322.75% YoY) and the FY2025 annual result came in at $80.5 million, up 292.1% from the prior year.
- Net Income was $17.9 million for Q1 2026 at LandBridge, down from $26.2 million in the prior quarter.
- Across five years, Net Income topped out at $44.7 million in Q2 2023 and bottomed at -$57.7 million in Q2 2024.
- A 4-year average of $10.0 million and a median of $16.0 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2024 — Net Income sank 229.08% — and 2025, when it jumped 836.25%.
- LandBridge's Net Income stood at $2.5 million in 2023, then surged by 207.02% to $7.7 million in 2024, then jumped by 238.94% to $26.2 million in 2025, then tumbled by 31.92% to $17.9 million in 2026.
- Business Quant data shows LB's Net Income at $17.9 million in Q1 2026, $26.2 million in Q4 2025, and $20.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 761.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 564.16 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 259.90 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 464.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 20.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 42.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 74.27 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 36.11 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 17.86 Mn |
| 10 | LandBridge | 2.14 Bn | 2.11 Bn | 49.74 Mn | 17.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.87 Mn |
| Dec 31, 2025 | 26.24 Mn |
| Sep 30, 2025 | 20.29 Mn |
| Jun 30, 2025 | 18.48 Mn |
| Mar 31, 2025 | 15.46 Mn |
| Dec 31, 2024 | 7.74 Mn |
| Sep 30, 2024 | -2.76 Mn |
| Jun 30, 2024 | -57.65 Mn |
| Mar 31, 2024 | 10.78 Mn |
| Dec 31, 2023 | 2.52 Mn |
| Sep 30, 2023 | 16.63 Mn |
| Jun 30, 2023 | 44.66 Mn |