LandBridge (LB) Net Margin (2023 - 2026)

LandBridge's Net Margin history runs 4 years deep, the most recent figure standing at 35.03% for Q1 2026.

• Quarterly Net Margin fell 14.0% year-over-year to 35.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.2% (up 6779.0% YoY) and the FY2025 annual result came in at 40.42%, up 7852.0% from the prior year.
• Net Margin was 35.03% for Q1 2026 at LandBridge, down from 46.22% in the prior quarter.
• Across five years, Net Margin topped out at 205.62% in Q2 2023 and bottomed at 222.14% in Q2 2024.
• A 4-year average of 29.57% and a median of 37.02% in 2025 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2024 — Net Margin plunged 42776 bps — and 2025, when it soared 26101 bps.
• LandBridge's Net Margin stood at 14.45% in 2023, then jumped by 47 bps to 21.21% in 2024, then jumped by 118 bps to 46.22% in 2025, then fell by 24 bps to 35.03% in 2026.
• Business Quant data shows LB's Net Margin at 35.03% in Q1 2026, 46.22% in Q4 2025, and 39.92% in Q3 2025.