Every 10-Q that LandBridge Company LLC (LB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LB filings page.
LandBridge Company LLC generated strong growth in the quarter ended June 30, 2026. Total revenues were $66.8 million, up 41% from a year earlier, driven mainly by higher surface use royalties and easements tied to produced water handling and infrastructure development, including contributions from the Wolf Bone Ranch and 1918 acquisitions. Net income was $31.0 million, a 68% increase, yielding a 46% net margin. Net income attributable to LandBridge was $12.3 million, with basic earnings per Class A share of $0.43 and diluted earnings of $0.40.
For the first half of 2026, revenues reached $117.8 million and net income was $48.9 million. Net cash provided by operating activities was $82.5 million, supporting cash of $39.8 million against total debt of $545.2 million (including $500.0 million of 6.25% senior notes and $45.0 million drawn on the revolving facility). Subsequent to quarter-end, revolving commitments were increased from $275.0 million to $375.0 million with lower interest margins, and the company agreed to acquire about 560 additional surface acres for roughly $20 million. Capital returns include a share repurchase authorization of up to $50 million of Class A shares and quarterly dividends of $0.12 per Class A share, with another $0.12 dividend declared for payment in September 2026. The board also approved a plan to convert from a Delaware LLC to a Texas corporation, targeting completion in the third quarter of 2026, citing index eligibility considerations.
LandBridge Company LLC reported solid first-quarter 2026 growth driven by higher surface and royalty revenue on its Permian Basin acreage. Revenue reached $51.0 million, up 16% year over year, as easements and other surface-related revenues and surface use royalties both increased sharply.
Net income rose 16% to $17.9 million, with basic EPS of $0.31 per Class A share and an Adjusted EBITDA of $44.9 million, reflecting an 88% margin. Operating cash flow jumped to $41.1 million, supporting $40.9 million of Free Cash Flow and funding dividends of $0.12 per share plus distributions to OpCo unitholders.
LandBridge ended the quarter with $29.7 million in cash, total debt of $545.5 million and liquidity of about $259.7 million, including undrawn revolver capacity. The company acquired additional surface acreage in Reeves County and the board authorized a $50 million Class A share repurchase program running through December 2027.
LandBridge Company LLC (LB) reported strong Q3 results, with total revenues of $50.8 million, up from $28.5 million a year ago. Operating income rose to $30.9 million from $3.2 million, and net income reached $20.3 million versus a prior-year loss. Net income attributable to LandBridge was $8.1 million, with diluted EPS of $0.26 (basic $0.31).
For the nine months, revenues were $142.3 million, up from $73.5 million, and net income was $54.2 million. The balance sheet showed total assets of $1.08 billion, total liabilities of $380.1 million, and shareholders’ equity of $697.8 million. Total debt was $370.2 million, including a $349.3 million term loan and $20.0 million on the revolver.
The company expanded its footprint with approximately 3,800 surface acres acquired for $17.8 million during 2025. A credit agreement amendment added a $200.0 million delayed draw term loan, subsequently drawn on November 10 to partially fund the 1918 Acquisition. The board declared a $0.10 per-share dividend on November 10. The company also revised prior period equity balances to reflect a $29.0 million deferred tax asset and noncontrolling interest rebalancing, with no impact on prior net income or cash flows.