Financials in USD. Standardized financial statements.
A compact view of how LandBridge Company LLC turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Revenue? | $199.09M | $109.95M | $72.86M | $51.78M |
| Revenue Growth? | +81.1% | +50.9% | +40.7% | 0.0% |
| Cost of Revenue? | $18.01M | $10.99M | $12.21M | $10.56M |
| Gross Profit? | $181.08M | $98.97M | $60.66M | $41.22M |
| Gross Margin? | +91.0% | +90.0% | +83.2% | +79.6% |
| Operating Expenses? | $62.45M | $115.48M | -$9.35M | $44.45M |
| Operating Income? | $118.50M | -$16.51M | $70.01M | -$3.23M |
| EBITDA? | $125.64M | -$7.47M | $79.16M | $3.63M |
| Income Before Tax | $81.47M | -$39.60M | $63.54M | -$6.20M |
| Income Tax Expense | $9.07M | $1.88M | $370,000 | $164,000 |
| Net Income? | $30.13M | $5.11M | $63.17M | -$6.36M |
| EPS? | $1.18 | $0.29 | $4.36 | $-0.44 |
| Diluted EPS? | $1.08 | $0.07 | $4.36 | $-0.44 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality