Revenue
66.8 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 66840000 USD Source
Fundies. English
LandBridge Co LLC
EDGARAnnual consolidated revenue for 2025: about USD 199.1M, using the latest reported figures. The previous period, 2024, was about USD 110M.
Latest quarter
Operating margin
66.07%
2026 Q2 · %
Operating cash flow
41.4 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 39.8 million USD Source
Exact value
39797000 USD
- Long-term debt including current maturities
- 571 million USD Source
Exact value
570726000 USD
- Shares outstanding
- 23.3 million shares Source
Exact value
23255419 shares
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
225 million USD
2025-07-01 – 2026-06-30
Net income
37.2 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Operating cash flow
156 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
- Operating cash flow: 88157000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 53245000 USD · 2025-01-01 – 2025-06-30 Source
- Operating cash flow: 126273000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 88157000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 41120000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 82491000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 41120000 USD · 2026-01-01 – 2026-03-31 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-06.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 3 of 11 periods available· newest 2025-12-31
- Operating income: 3 of 11 periods available· newest 2025-12-31
- Net income: 2 of 11 periods available· newest 2025-12-31
- Operating cash flow: 3 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 3 of 11 periods available· newest 2025-12-31
- Total liabilities: 3 of 11 periods available· newest 2025-12-31
- Current assets: 3 of 11 periods available· newest 2025-12-31
- Current liabilities: 3 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 2 of 11 periods available· newest 2025-12-31
- Shares outstanding: 1 of 11 periods available· newest 2024-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+81.1%Prior period
USD 109.95 million
–
Current period
USD 199.09 million
–
Exact inputs and evidence
199093000 − 109954000 = 89139000 USD
109954000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source199093000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+489.6%Prior period
USD 5.11 million
–
Current period
USD 30.13 million
–
Exact inputs and evidence
30128000 − 5110000 = 25018000 USD
5110000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source30128000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+86.7%Prior period
USD 67.64 million
–
Current period
USD 126.27 million
–
Exact inputs and evidence
126273000 − 67636000 = 58637000 USD
67636000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source126273000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 199.09 million 100% of revenue
- Operating costs Derived USD 80.59 million 40% of revenue
- Operating income USD 118.5 million 60% of revenue
- Tax, interest and other Derived USD 88.37 million 44% of revenue
- Net income USD 30.13 million 15% of revenue
Cash
- Operating cash flow USD 126.27 million 63% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2023 Not shown: operating income or net income is not reported.
- 2024 Operating loss: operating costs were 115% of revenue.
- 2025 15%44%40%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | 72865000 | 2856000 Derived | 70009000 | Unavailable | Unavailable | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 109954000 | 126464000 Derived | -16510000 | -21620000 Derived | 5110000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 199093000 | 80593000 Derived | 118500000 | 88372000 Derived | 30128000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 199.1M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Revenue | 72865000 |
|
| 2024 | Revenue | 109954000 |
|
| 2025 | Revenue | 199093000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
81.1% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Year over year | No prior comparable period |
|
| 2024 | Year over year | 50.9% |
|
| 2025 | Year over year | 81.1% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 59.5% 2025
Net margin 15.1% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Operating margin | 96.1% |
|
| 2024 | Operating margin | -15% |
|
| 2025 | Operating margin | 59.5% |
|
| 2023-12-31 | Net margin | Not reported |
|
| 2024 | Net margin | 4.6% |
|
| 2025 | Net margin | 15.1% |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 126.3M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Operating cash flow | 53042000 |
|
| 2024 | Operating cash flow | 67636000 |
|
| 2025 | Operating cash flow | 126273000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
41.9% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Liabilities / assets | 47.8% |
|
| 2024 | Liabilities / assets | 38.3% |
|
| 2025 | Liabilities / assets | 41.9% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
4.87× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Current assets / current liabilities | 1.93× |
|
| 2024 | Current assets / current liabilities | 3.7× |
|
| 2025 | Current assets / current liabilities | 4.87× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | Unavailable Not reported for this period. | USD 53.04 million Exact valueExact value: 53042000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 5.11 million Exact valueExact value: 5110000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 67.64 million Exact valueExact value: 67636000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | USD 30.13 million Exact valueExact value: 30128000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 126.27 million Exact valueExact value: 126273000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
13 filings · 726 latest values · 726 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001995807, 1995807, LB, edgar:1995807
Also known as LandBridge Co LLC, LandBridge Company LLC, LandBridge Corp