LandBridge (LB) Profit After Tax (2023 - 2026)
LandBridge's (LB) quarterly Profit After Tax came in at $31.0 million in Q2 2026, up 68.06% on a YoY basis from $18.5 million in Q2 2025, and up 73.77% quarter-over-quarter from $17.9 million in Q1 2026.
Analysis
LandBridge (LB) Profit After Tax (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Profit After Tax for 4 consecutive years, with $31.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax rose 68.06% year-over-year to $31.0 million; the trailing twelve-month figure through Jun 2026 stood at $87.4 million (up 138.91% YoY), and the FY2025 full-year result was $72.4 million, up 274.54% from the prior year.
- Profit After Tax advanced to $31.0 million in Q2 2026 per LB's latest filing, from $17.9 million in the prior quarter.
- Across five years, Profit After Tax topped out at $44.7 million in Q2 2023 and bottomed at -$57.7 million in Q2 2024.
- Historically, Profit After Tax has averaged $10.8 million across 4 years, with a median of $16.6 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Profit After Tax tumbled 229.08% in 2024, then surged 836.25% in 2025.
- Over 4 years, Profit After Tax stood at $2.5 million in 2023, then surged by 114.04% to $5.4 million in 2024, then surged by 236.68% to $18.2 million in 2025, then surged by 70.84% to $31.0 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $31.0 million, $17.9 million, and $18.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 153.93 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -162.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 101.80 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 31.05 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 24.50 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | -344,000.00 |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | -1.25 Mn |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | 41.46 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 | 5.40 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 |