LandBridge Co LLC
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
LB$65.24+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)
| March 31, | December 31, | |
|---|---|---|
| 2026 | 2025 | |
| Current assets: | ||
| Cash and cash equivalents | $29,679 | $30,741 |
| Accounts receivable, net | 18,486 | 19,363 |
| Related party accounts receivable | 7,742 | 4,945 |
| Prepaid expenses and other current assets | 3,357 | 4,766 |
| Total current assets | 59,264 | 59,815 |
| Non-current assets: | ||
| Property, plant and equipment, net | 1,084,586 | 1,084,450 |
| Intangible assets, net | 134,203 | 136,962 |
| Deferred tax assets | 80,387 | 80,973 |
| Other assets | 3,796 | 3,856 |
| Total non-current assets | 1,302,972 | 1,306,241 |
| Total assets | $1,362,236 | $1,366,056 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Accounts payable | $369 | $562 |
| Taxes payable | 1,440 | 1,200 |
| Related party accounts payable | 972 | 781 |
| Accrued liabilities | 14,192 | 7,781 |
| Current portion of long-term debt | 433 | 692 |
| Contract liabilities | 1,383 | 1,263 |
| Other current liabilities | 31 | 7 |
| Total current liabilities | 18,820 | 12,286 |
| Non-current liabilities: | ||
| Long-term debt, net of debt issuance costs | 535,106 | 559,593 |
| Other long-term liabilities | 194 | 192 |
| Total non-current liabilities | 535,300 | 559,785 |
| Total liabilities | 554,120 | 572,071 |
| Commitments and contingencies | ||
| Class A shares, unlimited shares authorized and 27,839,229 shares issued and outstanding as of March 31, 2026. Unlimited shares authorized and 27,838,199 shares issued and outstanding as of December 31, 2025. | 315,911 | 317,069 |
| Class B shares, unlimited shares authorized and 49,177,775 shares issued and outstanding as of March 31, 2026. Unlimited shares authorized and 49,250,916 shares issued and outstanding as of December 31, 2025. | - | - |
| Retained earnings | 28,584 | 23,233 |
| Total shareholders’ equity attributable to LandBridge Company LLC | 344,495 | 340,302 |
| Noncontrolling interest | 463,621 | 453,683 |
| Total shareholders’ equity | 808,116 | 793,985 |
| Total liabilities and equity | $1,362,236 | $1,366,056 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.