LandBridge Co LLC
NYSE:LB
Income Statement
Earnings Waterfall
LandBridge Co LLC
Income Statement
LandBridge Co LLC
| Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Interest Expense |
19
|
23
|
28
|
30
|
31
|
|
| Revenue |
91
N/A
|
110
+21%
|
135
+23%
|
156
+16%
|
179
+14%
|
|
| Gross Profit | ||||||
| Cost of Revenue |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Gross Profit |
89
N/A
|
108
+21%
|
133
+23%
|
155
+16%
|
177
+14%
|
|
| Operating Income | ||||||
| Operating Expenses |
(118)
|
(124)
|
(138)
|
(80)
|
(75)
|
|
| Selling, General & Administrative |
(107)
|
(112)
|
(125)
|
(66)
|
(60)
|
|
| Depreciation & Amortization |
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
|
| Other Operating Expenses |
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
|
| Operating Income |
(29)
N/A
|
(17)
+43%
|
(5)
+70%
|
75
N/A
|
102
+37%
|
|
| Pre-Tax Income | ||||||
| Interest Income Expense |
(19)
|
(23)
|
(28)
|
(30)
|
(31)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(48)
N/A
|
(40)
+17%
|
(33)
+16%
|
45
N/A
|
72
+60%
|
|
| Net Income | ||||||
| Tax Provision |
1
|
(2)
|
(3)
|
(5)
|
(9)
|
|
| Income from Continuing Operations |
(47)
|
(41)
|
(37)
|
39
|
62
|
|
| Income to Minority Interest |
5
|
(0)
|
(9)
|
(20)
|
(38)
|
|
| Net Income (Common) |
(42)
N/A
|
5
N/A
|
(46)
N/A
|
19
N/A
|
24
+29%
|
|
| EPS (Diluted) |
-0.57
N/A
|
0.07
N/A
|
-0.6
N/A
|
0.24
N/A
|
0.31
+29%
|
|