Business
LandBridge Company LLC Announces Second Quarter 2025 Results
HOUSTON, August 07, 2025--LandBridge Company LLC (NYSE: LB) (the "Company," "LandBridge") today announced its financial and operating results for the second quarter ended June 30, 2025.

About this update from Landbridge Company Llc
[{"type":"text","content":"Delivered Q2 revenue growth of 83% year-over-year and 8% quarter-over-quarter","length":77,"tagName":"p"},{"type":"text","content":"Achieved quarterly record $34.2 million Surface Use Royalties and Revenue","length":73,"tagName":"p"},{"type":"text","content":"New commercial agreements and growing momentum of active land management strategy","length":81,"tagName":"p"},{"type":"text","content":"Declared quarterly cash dividend of $0.10 per share","length":51,"tagName":"p"},{"type":"text","content":"HOUSTON, August 07, 2025--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the "Company," "LandBridge") today announced its financial and operating results for the second quarter ended June 30, 2025.","length":222,"tagName":"p"},{"type":"text","content":"Second Quarter 2025 Financial Highlights","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $47.5 million, up 83% year-over-year and 8% quarter-over-quarter","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $18.5 million(1)","length":30,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income margin of 39%(1)","length":27,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA(2) of $42.5 million, up 81% year-over-year and 9% quarter-over-quarter","length":86,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA Margin(2) of 89%","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash flows from operating activities of $37.3 million","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow(2) of $36.1 million","length":34,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating cash flow margin of 79%","length":33,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow Margin(2) of 76%","length":31,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":402,"olType":false},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"3","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;","val":[{"type":"text","content":"(1) 2Q25 net income and net income margin include a non-cash expense of $11.3 million attributable to share-based compensation, of which $9.0 million is attributable t...