LandBridge (LB) Revenue (2023 - 2026)
LandBridge (LB) reported Revenue of $51.0 million for Q1 2026, up 16.05% on a YoY basis from $44.0 million in Q1 2025, and down 10.17% quarter-over-quarter from $56.8 million in Q4 2025.
LandBridge (LB) Revenue (2023 - 2026) Analysis & Trends
LandBridge has reported Revenue for 4 years, with the latest figure at $51.0 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 16.05% year-over-year to $51.0 million; the trailing twelve-month figure through Mar 2026 stood at $206.1 million (up 52.83% YoY), and the FY2025 full-year result was $199.1 million, up 81.07% from the prior year.
- Revenue for Q1 2026 stood at $51.0 million, down from $56.8 million in the prior quarter.
- The five-year high for Revenue was $56.8 million in Q4 2025, with the low at $17.5 million in Q4 2023.
- Historically, Revenue has averaged $34.8 million across 4 years, with a median of $32.5 million in 2024.
- Annual changes were most pronounced in 2025 — Revenue soared 131.15% — and 2026, when it gained 16.05%.
- LandBridge's Revenue stood at $17.5 million in 2023, then soared by 109.08% to $36.5 million in 2024, then surged by 55.56% to $56.8 million in 2025, then decreased by 10.17% to $51.0 million in 2026.
- The last three Revenue figures came in at $51.0 million (Q1 2026), $56.8 million (Q4 2025), and $50.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.72 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 6.59 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 5.40 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -944.40 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.05 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.15 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 373.77 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 345.76 Mn |
| 10 | LandBridge | 1.96 Bn | 2.39 Bn | 49.74 Mn | 51.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |