Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 reported strong results for the quarter ended June 30, 2026, with revenue of $66.8 million, up 41% year-over-year and 31% sequentially. Net income was $31.0 million, a 68% year-over-year and 74% sequential increase, yielding a 46% net income margin. Adjusted EBITDA reached $59.8 million with an 89% margin, while free cash flow was $40.2 million, supported by operating cash flow of $41.4 million and modest capital spending.
Total liquidity was $269.8 million, including $39.8 million of cash and about $230.0 million of available borrowing capacity, against $545.2 million of debt. On August 4, 2026, commitments under the 2025 revolving credit facility were increased by $100.0 million to $375.0 million, with interest margins reduced by 25 basis points and potential capacity up to $475.0 million. The company agreed to acquire approximately 560 acres in Lea County, New Mexico, for $20 million, and the board approved converting from a Delaware LLC to a Texas corporation. A quarterly dividend of $0.12 per share was declared, and 2026 Adjusted EBITDA guidance was reaffirmed at $210–$230 million.
LandBridge Company LLC reported the results of its 2026 annual shareholder meeting. Shareholders elected 11 director nominees, each to serve until the 2027 annual meeting or until a successor is chosen. As of the record date, there were 27,839,229 Class A shares and 49,177,775 Class B shares outstanding, and 71,790,216 common shares were represented at the meeting, equal to about 93.21% of voting power, establishing a quorum.
Shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 71,763,315 votes for, 22,498 against, and 4,403 abstentions. They approved, on a non-binding basis, compensation for the named executive officers, with 58,745,820 votes for, 8,270,488 against, 43,877 abstentions, and 4,730,031 broker non-votes. Shareholders also supported holding future advisory votes on executive pay every year, and the board adopted an annual frequency consistent with this vote.
LandBridge Company LLC reported strong first quarter 2026 results and raised its full-year outlook. Revenue was $51.0 million, up 16% year-over-year, with net income of $17.9 million also rising 16% and net income margin at 35%.
Adjusted EBITDA reached $44.9 million, up 16% year-over-year, with an 88% margin. Operating cash flow was $41.1 million and Free Cash Flow was $40.9 million, both up 158% year-over-year, supporting a quarterly dividend of $0.12 per share and debt reduction to $545 million.
The company increased 2026 Adjusted EBITDA guidance to a range of $210 million to $230 million, implying about 24% projected growth at the midpoint. LandBridge also added approximately 5,700 acres via bolt-on acquisitions and entered a lease development agreement for the planned Alpha Digital Campus data center project.
LandBridge Company LLC furnished an update indicating it has posted a new investor presentation titled “LandBridge 2026 Investor Day” on its Investor Relations webpage. The materials are available in the Events & Presentations section of the company’s website and may be supplemented with additional investor materials over time.
The information related to this presentation is being furnished rather than filed under securities laws, meaning it is not subject to certain legal liabilities and is not automatically incorporated into other securities filings unless specifically referenced.
LandBridge Company LLC reported strong fourth quarter and full-year 2025 results, highlighted by rapid growth and high margins. Q4 2025 revenue was $56.8 million, up 56% year-over-year and 12% sequentially, with net income of $18.2 million and Adjusted EBITDA of $51.1 million, a 90% margin.
For 2025, revenue reached $199.1 million, up 81% year-over-year, while net income was $72.4 million and Adjusted EBITDA was $177.2 million, an 89% margin. Operating cash flow was $126.3 million and Free Cash Flow was $122.0 million, reflecting a 61% Free Cash Flow margin.
The company refinanced its debt with a $500.0 million 6.25% senior notes offering and a new $275.0 million revolver, ending 2025 with $235.7 million of liquidity, $30.7 million of cash and $570.0 million of borrowings. The board raised the quarterly dividend 20% to $0.12 per share, authorized up to $50 million of Class A share repurchases through year-end 2027, and issued 2026 Adjusted EBITDA guidance of $205–$225 million, implying over 20% projected growth at the midpoint.
LandBridge Company LLC, through subsidiary DBR Land Holdings LLC, completed a private placement of $500 million aggregate principal amount of 6.250% Senior Notes due 2030. The company plans to use the net proceeds from these notes, together with borrowings under a new revolving credit facility, to repay and terminate its existing credit facility, which had $370.2 million of outstanding borrowings as of September 30, 2025. The notes are senior unsecured obligations guaranteed on a senior unsecured basis by all existing subsidiaries and include customary covenants, redemption options starting before and after December 1, 2027, and a change of control repurchase feature at 101% of principal plus accrued interest.
LandBridge Company LLC reported that its subsidiary, DBR Land Holdings LLC, has priced a previously announced private placement of $500 million aggregate principal amount of 6.250% Senior Notes due 2030. These notes are a form of long-term debt carrying a fixed interest rate of 6.250% and maturing in 2030. The details were released through a press release, which is included as an exhibit to this report.
LandBridge Company LLC, through subsidiary DBR Land Holdings LLC, entered into a new $275 million revolving credit agreement with Texas Capital Bank and other lenders. The facility matures on the earlier of June 30, 2030 or a date tied to the maturity of DBR Land’s senior notes and is secured by a first‑priority lien on substantially all assets of DBR Land and its subsidiaries. Proceeds from this revolver, together with net proceeds from a planned $500 million senior notes offering, are expected to repay and terminate the company’s existing credit facility.
The credit agreement includes quarterly financial covenants, such as a minimum interest coverage ratio of 2.50:1.00, a maximum total net leverage ratio of 5.00:1.00 (temporarily 5.25:1.00 around certain acquisitions), and a maximum senior secured net leverage ratio of 3.50:1.00. After giving effect to the notes offering and the 1918 Ranch acquisition, LandBridge estimates a Debt Service Coverage Ratio of 5.0x, up from historical levels between 3.0x and 4.4x.
LandBridge Company LLC announced an underwritten public offering of 2,500,000 Class A shares at $70.00 per share, for total gross proceeds of $175 million to a selling shareholder. The shares are being sold by DBR Land Holdings LLC and LandBridge Holdings LLC, referred to as the Selling Shareholder, under an underwriting agreement with Goldman Sachs & Co. LLC. LandBridge will not receive any proceeds from this Offering, which closed on November 18, 2025. Following the sale, the Selling Shareholder owns approximately 63% of LandBridge’s issued and outstanding shares. The Selling Shareholder also granted the underwriter a 30-day option to buy up to an additional 375,000 Class A shares, and the company, certain executives, directors and the Selling Shareholder agreed to 60-day lock-up restrictions after November 17, 2025.
LandBridge Company LLC announced its financial results for the quarter ended September 30, 2025. The company furnished a press release as Exhibit 99.1 and noted that this information is provided under Item 2.02.
The company also posted an investor presentation titled “LandBridge Earnings Presentation 3Q 2025” on its Investor Relations webpage. The furnished materials, including Exhibit 99.1 and the Item 7.01 information, are expressly stated as not deemed “filed” under the Exchange Act.
LandBridge Company LLC agreed to acquire about 37,500 acres and related assets in Reeves, Loving, Winkler and Ward counties, Texas, for $250.0 million. The price includes roughly $208.3 million in cash and about $41.7 million in OpCo units paired with Class B shares of the company, with the equity portion valued using a 10-day volume-weighted average price of the Class A shares. The land package combines fee simple, mineral classified and leasehold acres.
The acquisition is expected to close in the fourth quarter of 2025, subject to customary conditions, including antitrust clearance. To help fund the deal, a subsidiary entered into a Third Amendment to its credit agreement creating a new delayed draw term loan facility with total commitments of $200.0 million, available in a single draw for up to 90 days after the October 3, 2025 amendment date. Until certain collateral conditions are satisfied, revolving credit commitments are reduced from $100.0 million to $65.0 million. If drawn, the new term loan will mature on July 3, 2027 and will be secured by a first-priority lien on substantially all assets of the borrower group. The equity issued in the acquisition will be unregistered, relying on a Section 4(a)(2) exemption.