LandBridge (LB) Profit After Tax (2023 - 2026)
LandBridge's Profit After Tax was $31.05 million in Q2 2026, up 68.1% from $18.48 million a year earlier and up 73.8% from the prior quarter.
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Analysis
LandBridge (LB) Profit After Tax (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, LandBridge's Profit After Tax was $87.38 million through Jun 30, 2026, up 122.2% year-over-year; for FY2025, it was $72.4 million.
- In earlier years, Profit After Tax was -$41.48 million in FY2024 and $63.17 million in FY2023.
- The Q2 2026 figure marks the highest quarterly Profit After Tax since Q2 2023.
- Compared with a year earlier, Profit After Tax has increased for three straight quarters, with growth averaging 94.7% over the last five quarters.
- Per Business Quant data, LB's Profit After Tax in the three quarters before Q2 2026 was $17.87 million (Q1 2026), $18.17 million (Q4 2025) and $20.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 153.93 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 31.05 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 125.88 Mn |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 40.98 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 95.70 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -162.10 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 36.00 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 29.93 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 2.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.05 Mn |
| Mar 31, 2026 | 17.87 Mn |
| Dec 31, 2025 | 18.17 Mn |
| Sep 30, 2025 | 20.29 Mn |
| Jun 30, 2025 | 18.48 Mn |
| Mar 31, 2025 | 15.46 Mn |
| Dec 31, 2024 | 8.15 Mn |
| Sep 30, 2024 | -2.76 Mn |
| Jun 30, 2024 | -57.65 Mn |
| Mar 31, 2024 | 10.78 Mn |
| Dec 31, 2023 | 2.52 Mn |
| Sep 30, 2023 | 16.63 Mn |
| Jun 30, 2023 | 44.66 Mn |
API Access
LandBridge Profit After Tax 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=profit-after-tax&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();