LandBridge LB
NYSE LB
$86.76 -1.59 (-1.80%)
As of: Sep 9, 2026 · 3:59 PM EDT

LandBridge (LB) Operating Income (2023 - 2026)

LandBridge's (LB) quarterly Operating Income came in at $44.2 million in Q2 2026, up 54.93% on a YoY basis from $28.5 million in Q2 2025, and up 51.34% quarter-over-quarter from $29.2 million in Q1 2026.

Analysis

LandBridge (LB) Operating Income (2023 - 2026) Analysis & Trends

LandBridge (LB) has reported Operating Income for 4 consecutive years, with $44.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 54.93% year-over-year to $44.2 million; the trailing twelve-month figure through Jun 2026 stood at $138.3 million (up 85.02% YoY), and the FY2025 full-year result was $118.5 million, up 817.75% from the prior year.
  • Operating Income rose to $44.2 million in Q2 2026 per LB's latest filing, from $29.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $45.3 million in Q2 2023 and bottomed at -$51.2 million in Q2 2024.
  • Historically, Operating Income has averaged $18.9 million across 4 years, with a median of $25.0 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Income sank 213.05% in 2024, then soared 869.09% in 2025.
  • Over 4 years, Operating Income stood at $5.4 million in 2023, then jumped by 232.21% to $18.0 million in 2024, then surged by 89.11% to $34.1 million in 2025, then grew by 29.59% to $44.2 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $44.2 million, $29.2 million, and $34.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Texas Pacific Land 25.00 Bn 24.76 Bn - 191.82 Mn
2 Eason Technology 6.75 Bn 6.75 Bn - -
3 LandBridge 6.64 Bn 7.07 Bn 65.51 Mn 44.16 Mn
4 Vesta Real Estate Corporation, S.A.B. de C.V 3.07 Bn 6.22 Bn - 71.50 Mn
5 Opendoor Technologies 3.05 Bn 2.16 Bn 86.00 Mn -144.00 Mn
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn -26.50 Mn
7 Frp Holdings 433.69 Mn 433.69 Mn - 1.46 Mn
8 American Realty Investors 250.20 Mn 445.20 Mn - -2.55 Mn
9 Belpointe PREP 188.11 Mn 188.11 Mn - -
10 Star Holdings 119.97 Mn 86.41 Mn 5.31 Mn -16.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.16 Mn
Mar 31, 2026 29.18 Mn
Dec 31, 2025 34.08 Mn
Sep 30, 2025 30.89 Mn
Jun 30, 2025 28.50 Mn
Mar 31, 2025 25.04 Mn
Dec 31, 2024 18.02 Mn
Sep 30, 2024 3.19 Mn
Jun 30, 2024 -51.24 Mn
Mar 31, 2024 13.52 Mn
Dec 31, 2023 5.42 Mn
Sep 30, 2023 19.10 Mn
Jun 30, 2023 45.32 Mn