Texas Pacific Land (TPL) Non-Current Deferred Revenue (2020 - 2026)
Texas Pacific Land's Non-Current Deffered Revenue was $18.04 million in Q2 2026, down 15.0% from $21.22 million a year earlier and down 4.9% from the prior quarter.
Texas Pacific Land (TPL) Non-Current Deferred Revenue (2020 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Deffered Revenue at Texas Pacific Land came in at $21.07 million, up 2.1% from FY2024.
- Non-Current Deffered Revenue shows a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In earlier years, Non-Current Deffered Revenue was $20.64 million in FY2024 (-17.5%), $25.01 million in FY2023 (+15.2%), $21.71 million in FY2022 (+6.2%) and $20.45 million in FY2021 (-7.8%).
- The Q2 2026 figure marks the lowest quarterly Non-Current Deffered Revenue in data going back to Q4 2020.
- Compared with a year earlier, Non-Current Deffered Revenue was higher in two of the last eight quarters, with an average decline of 8.9%.
- The best year-over-year quarter for Non-Current Deffered Revenue over five years was Q2 2023 (growth of 25.7%); the worst was Q2 2024 (a decline of 20.8%).
- Per Business Quant data, TPL's Non-Current Deffered Revenue in the three quarters before Q2 2026 was $18.97 million (Q1 2026), $21.07 million (Q4 2025) and $19.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 18.94 Bn | 17.93 Bn | 106.12 Mn |
| 2 | LandBridge | 5.09 Bn | 5.45 Bn | 69.80 Mn |
| 3 | Howard Hughes Holdings | 5.05 Bn | -3.72 Bn | 435.75 Mn |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn |
| 5 | Millrose Properties | 4.03 Bn | 3.85 Bn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.35 Bn | 2.16 Bn | - |
| 7 | EagleRock Land | 2.64 Bn | 4.02 Bn | - |
| 8 | Opendoor Technologies | 1.22 Bn | -2.55 Bn | 38.00 Mn |
| 9 | Forestar | 1.18 Bn | 1.18 Bn | - |
| 10 | Five Point Holdings | 649.79 Mn | 667.51 Mn | 7.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.53 Mn |
| Jun 30, 2026 | 18.04 Mn |
| Mar 31, 2026 | 18.97 Mn |
| Dec 31, 2025 | 21.07 Mn |
| Sep 30, 2025 | 19.66 Mn |
| Jun 30, 2025 | 21.22 Mn |
| Mar 31, 2025 | 20.31 Mn |
| Dec 31, 2024 | 20.64 Mn |
| Sep 30, 2024 | 20.63 Mn |
| Jun 30, 2024 | 21.09 Mn |
| Mar 31, 2024 | 22.72 Mn |
| Dec 31, 2023 | 25.01 Mn |
| Sep 30, 2023 | 25.66 Mn |
| Jun 30, 2023 | 26.64 Mn |
| Mar 31, 2023 | 22.40 Mn |
| Dec 31, 2022 | 21.71 Mn |
| Sep 30, 2022 | 21.43 Mn |
| Jun 30, 2022 | 21.20 Mn |
| Mar 31, 2022 | 20.30 Mn |
| Dec 31, 2021 | 20.45 Mn |
Texas Pacific Land Non-Current Deferred 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=non-current-deffered-revenue&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "ticker": "TPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deffered-revenue&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();