LandBridge (LB) Revenue (2023 - 2026)
LandBridge's (LB) quarterly Revenue came in at $66.8 million in Q2 2026, up 40.62% on a YoY basis from $47.5 million in Q2 2025, and up 31.05% quarter-over-quarter from $51.0 million in Q1 2026.
Analysis
LandBridge (LB) Revenue (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Revenue for 4 consecutive years, with $66.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue rose 40.62% year-over-year to $66.8 million; the trailing twelve-month figure through Jun 2026 stood at $225.5 million (up 44.09% YoY), and the FY2025 full-year result was $199.1 million, up 81.07% from the prior year.
- Revenue rose to $66.8 million in Q2 2026 per LB's latest filing, from $51.0 million in the prior quarter.
- Across five years, Revenue topped out at $66.8 million in Q2 2026 and bottomed at $17.5 million in Q4 2023.
- Historically, Revenue has averaged $37.2 million across 4 years, with a median of $36.5 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Revenue jumped 131.15% in 2025, then advanced 16.05% in 2026.
- Over 4 years, Revenue stood at $17.5 million in 2023, then surged by 109.08% to $36.5 million in 2024, then jumped by 55.56% to $56.8 million in 2025, then gained by 17.72% to $66.8 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $66.8 million, $51.0 million, and $56.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - | 246.06 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn | 66.84 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - | 78.50 Mn |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn | 883.00 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 117.20 Mn |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - | 11.08 Mn |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - | 12.87 Mn |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn | 19.36 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 |