LandBridge (LB) Revenue (2023 - 2026)
LandBridge (LB) recorded Revenue of $66.84 million in Q2 2026, up 40.6% from $47.53 million a year earlier and up 31.0% from the prior quarter.
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Analysis
LandBridge (LB) Revenue (2023 - 2026) Analysis & Trends
On a TTM basis, LandBridge's Revenue came in at $225.45 million as of Jun 30, 2026, up 44.1% year-over-year; for FY2025, it came in at $199.09 million, up 81.1% from FY2024.
- Across earlier years, Revenue came in at $109.95 million in FY2024 (+50.9%) and $72.87 million in FY2023.
- The Q2 2026 figure is the highest quarterly Revenue in data going back to Q2 2023.
- On a year-over-year basis, Revenue has increased for nine consecutive quarters, with growth averaging 71.8% over the last eight quarters.
- The year-over-year growth in Revenue has ranged between 16.0% (Q1 2026) and 131.2% (Q1 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $51.01 million (Q1 2026), $56.78 million (Q4 2025) and $50.83 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 246.06 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 66.84 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 196.85 Mn |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 158.83 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 78.50 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 883.00 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 407.00 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 13.90 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 14.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.84 Mn |
| Mar 31, 2026 | 51.01 Mn |
| Dec 31, 2025 | 56.78 Mn |
| Sep 30, 2025 | 50.83 Mn |
| Jun 30, 2025 | 47.53 Mn |
| Mar 31, 2025 | 43.95 Mn |
| Dec 31, 2024 | 36.50 Mn |
| Sep 30, 2024 | 28.49 Mn |
| Jun 30, 2024 | 25.95 Mn |
| Mar 31, 2024 | 19.01 Mn |
| Dec 31, 2023 | 17.46 Mn |
| Sep 30, 2023 | 17.80 Mn |
| Jun 30, 2023 | 21.72 Mn |
API Access
LandBridge Revenue 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=revenue&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();