LandBridge (LB) Prepaid Assets (2023 - 2026)
LandBridge (LB) reported Prepaid Assets of $3.49 million for Q2 2026, up 8.6% from $3.21 million a year earlier and up 3.9% from the prior quarter.
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Analysis
LandBridge (LB) Prepaid Assets (2023 - 2026) Analysis & Trends
At the end of FY2025, LandBridge posted Prepaid Assets of $4.77 million, up 192.8% from FY2024.
- By year, Prepaid Assets came in at $1.63 million in FY2024 (+57.3%) and $1.04 million in FY2023.
- Five-year quarterly Prepaid Assets spans a low of $594,000 in Q2 2024 and a high of $4.82 million in Q3 2025.
- Year over year, Prepaid Assets has now increased in each of the last five quarters, with growth averaging 157.3% over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.36 million (Q1 2026), $4.77 million (Q4 2025) and $4.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.49 Mn |
| Mar 31, 2026 | 3.36 Mn |
| Dec 31, 2025 | 4.77 Mn |
| Sep 30, 2025 | 4.82 Mn |
| Jun 30, 2025 | 3.21 Mn |
| Mar 31, 2025 | 1.45 Mn |
| Dec 31, 2024 | 1.63 Mn |
| Sep 30, 2024 | 2.27 Mn |
| Jun 30, 2024 | 594,000.00 |
| Dec 31, 2023 | 1.04 Mn |
API Access
LandBridge Prepaid Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=prepaid-assets&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "ticker": "LB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=prepaid-assets&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();