LandBridge (LB) Receivables (2023 - 2026)
LandBridge's (LB) quarterly Receivables came in at $17.6 million in Q2 2026, down 1.47% on a YoY basis from $17.9 million in Q2 2025, and down 4.7% quarter-over-quarter from $18.5 million in Q1 2026.
Analysis
LandBridge (LB) Receivables (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Receivables for 4 consecutive years, with $17.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Receivables fell 1.47% year-over-year to $17.6 million; the trailing twelve-month figure through Jun 2026 stood at $17.6 million (down 1.47% YoY), and the FY2025 full-year result was $19.4 million, up 54.36% from the prior year.
- Receivables slipped to $17.6 million in Q2 2026 per LB's latest filing, from $18.5 million in the prior quarter.
- Across five years, Receivables topped out at $19.9 million in Q1 2025 and bottomed at $12.4 million in Q4 2023.
- Historically, Receivables has averaged $16.4 million across 4 years, with a median of $17.7 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Receivables soared 54.36% in 2025, then retreated 7.22% in 2026.
- Over 4 years, Receivables stood at $12.4 million in 2023, then grew by 1.3% to $12.5 million in 2024, then surged by 54.36% to $19.4 million in 2025, then fell by 9.01% to $17.6 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $17.6 million, $18.5 million, and $19.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 174.77 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | 2.35 Mn |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | - |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 55.70 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 17.62 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 36.60 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 1.94 Mn |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.62 Mn |
| Mar 31, 2026 | 18.49 Mn |
| Dec 31, 2025 | 19.36 Mn |
| Sep 30, 2025 | 19.67 Mn |
| Jun 30, 2025 | 17.88 Mn |
| Mar 31, 2025 | 19.92 Mn |
| Dec 31, 2024 | 12.54 Mn |
| Sep 30, 2024 | 12.76 Mn |
| Jun 30, 2024 | 13.44 Mn |
| Dec 31, 2023 | 12.38 Mn |