LandBridge Q2 revenue up 83% YoY to $47.5M; declares $0.10 dividend

LandBridge Co LLC

2025-Q2 EPS reported $0.44 revenue$91,484,000

Q2 revenue $47.5M (+83% YoY, +8% QoQ); net income $18.5M (39% margin).
Record $34.2M surface use royalties/revenue; quarterly high.
Adjusted EBITDA $42.5M (89% margin; +81% YoY); Free Cash Flow $36.1M (76% margin).
Declared quarterly cash dividend of $0.10 per share.
Momentum from new commercial agreements and active land management strategy.

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