LB · XBRL financial data

LandBridge Company financial statements, every quarter

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (LB's year ends in late December)

In millions of dollars	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	26	28	36*	44	48	51	57*	51	67
General and administrative	—	—	—	15	15	—	—	16	16
Other operating income (expense)	(1)	(1)	—	0	(0)	0	(0)*	(0)	0
Operating income (loss)	(51)	3	18*	25	29	31	34*	29	44
Other income (expense)	0	0	0*	0	0	0	(4)*	(0)	(0)
Income tax expense (benefit)	0	(1)	3*	2	2	3	3*	2	4
Net income (loss)	(58)	3	2*	6	8	8	8*	9	12
Earnings per share, basic USD per share	—	0.15	—	0.27	0.30	0.31	0.30*	0.31	0.43
Earnings per share, diluted USD per share	—	(0.04)	—	0.20	0.24	0.26	—	0.23	0.40
Weighted average shares, basic millions of shares	—	17	—	23	24	25	27*	28	28
Weighted average shares, diluted millions of shares	—	73	—	76	76	77	77*	77	77

Fiscal quarters (LB's year ends in late December)

In millions of dollars	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	25	14	37	15	20	28	31	30	40
Prepaid and other current assets	1	2	2	1	3	5	5	3	3
Total current assets	42	32	53	44	44	57	60	59	71
Property and equipment, net	630	628	903	919	918	918	1,084	1,085	1,093
Total assets	710	690	1,003	1,008	1,066	1,078	1,366	1,362	1,377
Accrued liabilities	13	6	7	6	6	7	8	14	6
Current portion of long-term debt	35	36	0	0	0	1	1	0	0
Total current liabilities	50	43	14	12	10	14	12	19	10
Long-term debt	361	242	381	375	371	366	560	535	536
Total liabilities	414	286	395	387	381	380	572	554	545
Retained earnings	—	3	3	7	12	18	23	29	37
Total stockholders' equity	—	97	436	440	266	272	340	344	356
Total liabilities and equity	710	690	1,003	1,008	1,066	1,078	1,366	1,362	1,377
Common shares outstanding (cover page) millions of shares	—	—	23	—	—	—	—	—	—

Fiscal quarters (LB's year ends in late December)

In millions of dollars	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(58)	3	2*	6	8	8	8*	9	12
Stock-based compensation	72*	12*	11*	11	11	11*	12*	11	11
Depreciation and amortization	2	2	4*	3	3*	3*	4*	4	4*
Net cash from operating activities	16*	7*	27*	16	37*	35*	38*	41	41*
Net cash from investing activities	(376)*	(1)*	(292)*	(18)	(2)*	(1)*	(212)*	(2)	(11)*
Proceeds from issuing common stock	—	—	0*	—	—	—	—	—	—
Dividends paid	—	171*	7*	14	24*	15*	11*	15	19*
Net cash from financing activities	376*	(17)*	288*	(20)	(30)*	(26)*	176*	(40)	(20)*
Net change in cash	16*	(10)*	23*	(22)	5*	8*	2*	(1)	10*

SIC 6792 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6792 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
LandBridge	40	67	41*	not reported	—	Q2 FY26 10-QJun 30, 2026
XCel Brands	0.4	not reported	(1.9)*	6.6M	0.2 quarters	Q2 FY26 10-QJun 30, 2026
DevvStream	0.3	0	(1.5)*	35.1M	0.2 quarters	Q3 FY26 10-QApr 30, 2026
Plymouth Industrial REIT	42	51	20*	44.6M	—	Q3 FY25 10-QSep 30, 2025
National Healthcare Properties	246	88	22*	not reported	—	Q2 FY26 10-QJun 30, 2026
CNL Healthcare Properties	58	99	13*	175.3M	—	Q3 FY25 10-QSep 30, 2025
EagleRock Land	62	42	not reported	not reported	—	Q2 FY26 10-QJun 30, 2026
Power REIT	3.1	1.3	1.1*	367,120	—	Q2 FY26 10-QJun 30, 2026
Bakhu Holdings	0	0	(0)*	301.3M	0.3 quarters	Q3 FY25 10-QApr 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.