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| Date | Value |
|---|---|
| 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 |