secwatch.observer — SEC 8-K summary
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Issuer:     LandBridge Co LLC (LB)
CIK:        0001995807
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071867
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LandBridge Q4 revenue $56.8M (+56% YoY), Adj. EBITDA $51.1M; guides 2026 EBITDA $205-225M, raises dividend 20%
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- Q4 revenue $56.8M (+56% YoY, +12% QoQ); net income $18.2M; Adj. EBITDA $51.1M (90% margin).
- FY2025 revenue $199.1M (+81% YoY); Adj. EBITDA $177.2M (+83% YoY); free cash flow $122.0M.
- 2026 Adj. EBITDA guidance $205-225M, representing >20% YoY growth at midpoint.
- Dividend increased 20% to $0.12/share; $50M share repurchase authorization approved.
- Closed $500M senior notes (6.25% due 2030) and new $275M revolver; entered Samsung BESS agreements for 350 MW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1995807/000119312526071867/0001193125-26-071867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1995807/000119312526071867/lb-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071867

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer