LandBridge Corp
For the period ended Sep 30, 2026. Filed Nov 5, 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.
Sep 30, 2026 · Filed Nov 5, 2026
LB$65.10+5.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
(in thousands, except share amounts)
| Class A · Class B · Retained Earnings · Non- controllingInterest · TotalShareholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Amount · Amount · Amount | ||||||||
| Balance at December 31, 2024 | 23,255,419 | $208,427 | 53,227,852 | $ | - | $3,349 | $425,295 | $637,071 |
| Net income | - | - | - | - | 6,464 | 8,995 | 15,459 | |
| Deemed non-cash contributions | - | - | - | - | - | 8,945 | 8,945 | |
| RSU share-based compensation expense | - | 668 | - | - | - | 1,527 | 2,195 | |
| Cancellation of Class B shares | - | - | (34,674) | - | - | - | - | |
| Tax distributions | - | - | - | - | - | (5,821) | (5,821) | |
| Dividends and distributions | - | - | - | - | (2,326) | (5,336) | (7,662) | |
| RSU dividend equivalent rights | - | - | - | - | (23) | (52) | (75) | |
| Changes in ownership interest adjustment | - | 860 | - | - | - | (860) | - | |
| Offering costs | - | (450) | - | - | - | - | (450) | |
| Balance at March 31, 2025 | 23,255,419 | $209,505 | 53,193,178 | $ | - | $7,464 | $432,693 | $649,662 |
| Net income | - | - | - | - | 7,502 | 10,973 | 18,475 | |
| Deemed non-cash contributions | - | - | - | - | - | 9,044 | 9,044 | |
| RSU share-based compensation expense | - | 715 | - | - | - | 1,512 | 2,227 | |
| Redemption of Class B shares for Class A shares | 1,900,000 | - | (1,900,000) | - | - | - | - | |
| Cancellation of Class B shares | - | - | (79,686) | - | - | - | - | |
| Tax distributions | - | - | - | - | - | (16,650) | (16,650) | |
| Dividends and distributions | - | - | - | - | (2,515) | (5,124) | (7,639) | |
| RSU dividend equivalent rights | - | - | - | - | (25) | (51) | (76) | |
| Changes in ownership interest adjustment | - | 13,880 | - | - | - | (13,880) | - | |
| Tax impact of ownership interest adjustment | - | 30,123 | - | - | - | - | 30,123 | |
| Offering costs | - | (201) | - | - | - | - | (201) | |
| Balance at June 30, 2025 | 25,155,419 | $254,022 | 51,213,492 | $ | - | $12,426 | $418,517 | $684,965 |
| Net income | - | - | - | - | 8,107 | 12,184 | 20,291 | |
| Deemed non-cash contributions | - | - | - | - | - | 9,144 | 9,144 | |
| RSU share-based compensation expense | - | 689 | - | - | - | 1,392 | 2,081 | |
| Class A shares issued on vesting of RSUs, net of shares withheld for tax | 181,609 | (5,728) | - | - | - | - | (5,728) | |
| Cancellation of Class B shares | - | - | (119,987) | - | - | - | - | |
| Tax distributions | - | - | - | - | - | (7,140) | (7,140) | |
| Dividends and distributions | - | - | - | - | (2,534) | (5,121) | (7,655) | |
| RSU dividend equivalent rights | - | - | - | - | (18) | (37) | (55) | |
| Changes in ownership interest adjustment | - | 3,099 | - | - | - | (3,099) | - | |
| Tax impact of ownership interest adjustment | - | 1,843 | - | - | - | - | 1,843 | |
| Offering costs | - | 82 | - | - | - | - | 82 | |
| Balance at September 30, 2025 | 25,337,028 | $254,007 | 51,093,505 | $ | - | $17,981 | $425,840 | $697,828 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.