LandBridge Co LLC

For the period ended Mar 31, 2026. Filed May 7, 2026.

About 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$65.10+5.2%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

(in thousands, except share and per share amounts)

	Three Months Ended March 31,
	2026	2025
Revenues:
Easements and other surface-related revenues	$11,600	$6,440
Easements and other surface-related revenues - related party	3,163	2,332
Surface use royalties	11,191	10,522
Surface use royalties - related party	11,041	6,915
Resource sales	5,225	7,166
Resource sales - related party	205	185
Resource royalties	4,269	4,158
Resource royalties - related party	1,274	2,847
Oil and gas royalties	2,972	3,386
Other	65	-
Total revenues	51,005	43,951
Resource sales-related expense	397	458
Other operating and maintenance expense	1,269	1,127
General and administrative expense	15,726	14,728
Depreciation, depletion and amortization	4,425	2,601
Other operating expense, net	10	-
Operating income	29,178	25,037
Interest expense	9,511	7,977
Other loss	10	-
Income from operations before taxes	19,657	17,060
Income tax expense	1,789	1,601
Net income	17,868	15,459
Net income attributable to noncontrolling interest	9,153	8,995
Net income attributable to LandBridge Company LLC	$8,715	$6,464
Net income per share of Class A shares
Basic	$0.31	$0.27
Diluted	$0.23	$0.20
Weighted average shares outstanding of Class A shares
Basic	27,838,580	23,255,419
Diluted	77,078,931	76,464,778

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.