LandBridge (LB) Operating Expenses (2024 - 2026)

LandBridge (LB) reported Operating Expenses of $15.7 million for Q1 2026, up 1.28% on a YoY basis from $15.5 million in Q1 2025, and up 15626.0% quarter-over-quarter from $100000.0 in Q3 2025.

LandBridge (LB) Operating Expenses (2024 - 2026) Analysis & Trends

LandBridge has reported Operating Expenses for 3 years, with the latest figure at $15.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1.28% year-over-year to $15.7 million; the trailing twelve-month figure through Mar 2026 stood at $15.9 million (up 1.26% YoY), and the FY2024 full-year result was $2.6 million, up 8.33% from the prior year.
  • Operating Expenses for Q1 2026 stood at $15.7 million, up from $100000.0 in the prior quarter.
  • The five-year high for Operating Expenses was $15.7 million in Q1 2026, with the low at $100000.0 in Q2 2024.
  • Historically, Operating Expenses has averaged $4.6 million across 3 years, with a median of $100000.0 in 2024.
  • The largest YoY upside for Operating Expenses was 2488.0% in 2025 against a maximum downside of 0.0% in 2025.
  • LandBridge's Operating Expenses stood at $100000.0 in 2024, then changed by 0.0% to $100000.0 in 2025, then soared by 15626.0% to $15.7 million in 2026.
  • The last three Operating Expenses figures came in at $15.7 million (Q1 2026), $100000.0 (Q3 2025), and $100000.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 261.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 732.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 4.72 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 2.14 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -76.01 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 9.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 1.03 Bn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 45.83 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 238.95 Mn
10 LandBridge 1.96 Bn 2.39 Bn 49.74 Mn 15.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.73 Mn
Sep 30, 2025 100,000.00
Jun 30, 2025 100,000.00
Mar 31, 2025 15.53 Mn
Sep 30, 2024 100,000.00
Jun 30, 2024 100,000.00
Mar 31, 2024 600,000.00