---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092892"
form_type: "8-K"
ticker: "LB"
cik: "0001995807"
company_name: "LandBridge Co LLC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:55:52.738742+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LandBridge Q2 2024: Revenue $26M (+20% YoY), Adj EBITDA $23.4M (+24%); net loss $57.7M due to $71.8M non-cash item

## Summary
- Revenue of $26.0M, up 20% year-over-year.
- Net loss of $57.7M includes a $71.8M non-cash expense from WaterBridge NDB LLC incentive units.
- Adjusted EBITDA of $23.4M, up 24% YoY; Adjusted EBITDA margin of 90%.
- Free Cash Flow of $15.7M; Free Cash Flow margin of 60%.
- Cash from operations of $16.0M; operating cash flow margin of 62%.

## SEC filing metadata
- accession: 0000950170-24-092892
- form_type: 8-K
- ticker: LB
- cik: 0001995807
- company_name: LandBridge Co LLC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1995807/000095017024092892/0000950170-24-092892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1995807/000095017024092892/lb-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092892
- JSON: https://secwatch.observer/filing/0000950170-24-092892.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.