LandBridge (LB) Share-based Compensation (2023 - 2026)
LandBridge's (LB) quarterly Share-based Compensation came in at $11.2 million in Q2 2026, little changed on a YoY basis from $11.3 million in Q2 2025, and little changed quarter-over-quarter from $11.3 million in Q1 2026.
Analysis
LandBridge (LB) Share-based Compensation (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Share-based Compensation for 4 consecutive years, with $11.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Share-based Compensation changed 0.28% year-over-year to $11.2 million; the trailing twelve-month figure through Jun 2026 stood at $45.5 million (up 32.3% YoY), and the FY2025 full-year result was $45.3 million, down 52.46% from the prior year.
- Share-based Compensation was little changed at $11.2 million in Q2 2026 per LB's latest filing, from $11.3 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $53.2 million in Q3 2025 and bottomed at -$6.9 million in Q3 2023.
- Historically, Share-based Compensation has averaged $11.7 million across 4 years, with a median of $11.1 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Share-based Compensation sank 99.97% in 2024, then surged 112610.0% in 2025.
- Over 4 years, Share-based Compensation stood at $7.2 million in 2023, then soared by 54.62% to $11.1 million in 2024, then advanced by 4.88% to $11.7 million in 2025, then decreased by 3.79% to $11.2 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $11.2 million, $11.3 million, and $11.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | -5.01 Mn |
| 2 | Eason Technology | 6.05 Bn | 6.05 Bn | - | - |
| 3 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 5.40 Mn |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | 119.00 Mn |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 11.24 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 4.60 Mn |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | 1.01 Mn |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | 3.62 Mn |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | - |
| 10 | Star Holdings | 114.77 Mn | 79.96 Mn | 5.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.24 Mn |
| Mar 31, 2026 | 11.26 Mn |
| Dec 31, 2025 | 11.68 Mn |
| Sep 30, 2025 | 53.20 Mn |
| Jun 30, 2025 | 11.27 Mn |
| Mar 31, 2025 | 11.14 Mn |
| Dec 31, 2024 | 11.14 Mn |
| Sep 30, 2024 | 744,886.00 |
| Jun 30, 2024 | 10,000.00 |
| Mar 31, 2024 | 810,000.00 |
| Dec 31, 2023 | 7.20 Mn |
| Sep 30, 2023 | -6.93 Mn |
| Jun 30, 2023 | 28.70 Mn |