newsfilter
← Earnings
Earnings Releases·

LandBridge — Third Quarter 2026 Earnings Summary

  • Revenue grew 39% year-over-year and 6% quarter-over-quarter to $70.9 million, while net income surged 68% year-over-year and 10% quarter-over-quarter to $34.0 million, driven by strong performance across all business segments.
  • Adjusted EBITDA increased 42% year-over-year to $63.7 million, and the company raised full-year 2026 Adjusted EBITDA guidance to $220–$235 million, citing expected contributions from recent acquisitions.
  • Completed a $266.8 million acquisition of approximately 25,000 acres in the Delaware Basin and advanced the Alpha Phase I data center project, which is under construction with power delivery anticipated in Q4 2027.
  • Total borrowings rose to $765.0 million following a $125 million debt offering and credit facility upsize, while the Board declared a quarterly cash dividend of $0.12 per share.
Company
LANDBRIDGE CORP
Sector
Energy
Industry
Oil & Gas Equipment & Services