LandBridge (LB) Income After Tax (2023 - 2026)
LandBridge's Income After Tax was $34.05 million in Q3 2026, up 67.8% from $20.29 million a year earlier and up 9.7% from the prior quarter.
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Analysis
LandBridge (LB) Income After Tax (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, LandBridge's Income After Tax was $101.14 million through Sep 30, 2026, up 62.1% year-over-year; for FY2025, it was $72.4 million.
- In earlier years, Income After Tax was -$41.48 million in FY2024 and $63.17 million in FY2023.
- The Q3 2026 figure marks the highest quarterly Income After Tax since Q2 2023.
- Compared with a year earlier, Income After Tax has increased for four straight quarters, with growth averaging 90.2% over the last six quarters.
- Per Business Quant data, LB's Income After Tax in the three quarters before Q3 2026 was $31.05 million (Q2 2026), $17.87 million (Q1 2026) and $18.17 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 167.37 Mn |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 34.05 Mn |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | -371,000.00 |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | 130.00 Mn |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 37.06 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 97.30 Mn |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | 11.26 Mn |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | -218.00 Mn |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | -4.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.05 Mn |
| 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 Income 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();