LandBridge (LB) Shares Outstanding (2024 - 2026)
LandBridge's (LB) quarterly Shares Outstanding (Entity) came in at $76.9 million in Q2 2026, up 0.71% on a YoY basis from $76.4 million in Q2 2025, and little changed quarter-over-quarter from $77.0 million in Q1 2026.
Analysis
LandBridge (LB) Shares Outstanding (2024 - 2026) Analysis & Trends
LandBridge (LB) has reported Shares Outstanding (Entity) for 3 consecutive years, with $76.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Shares Outstanding (Entity) rose 0.71% year-over-year to $76.9 million; the trailing twelve-month figure through Jun 2026 stood at $76.9 million (up 0.71% YoY), and the FY2025 full-year result was $77.1 million, up 0.79% from the prior year.
- Shares Outstanding (Entity) held at $76.9 million in Q2 2026 per LB's latest filing, from $77.0 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $77.1 million in Q4 2025 and bottomed at $73.2 million in Q3 2024.
- Historically, Shares Outstanding (Entity) has averaged $76.2 million across 3 years, with a median of $76.5 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Shares Outstanding (Entity) grew 4.48% in 2025, then increased 0.71% in 2026.
- Over 3 years, Shares Outstanding (Entity) stood at $76.5 million in 2024, then increased by 0.79% to $77.1 million in 2025, then retreated by 0.23% to $76.9 million in 2026.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $76.9 million, $77.0 million, and $77.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 68.97 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | 12.75 Bn |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | 965.78 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 84.89 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 27.96 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 138.60 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 19.04 Mn |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | 16.15 Mn |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | 3.90 Mn |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | 12.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.96 Mn |
| Mar 31, 2026 | 27.84 Mn |
| Dec 31, 2025 | 24.82 Mn |
| Sep 30, 2025 | 25.34 Mn |
| Jun 30, 2025 | 24.07 Mn |
| Mar 31, 2025 | 23.26 Mn |
| Dec 31, 2024 | 17.81 Mn |
| Sep 30, 2024 | 17.43 Mn |