LandBridge Q2 net income rises 68% year-over-year to $31 million; revenue increases 41% year-over-year to $66.8 million
LB•Q2 results and cash flow
- LandBridge posted Q2 2026 revenue of $66.8 million, up 41% year-over-year and 31% quarter-over-quarter.
- Net income rose to $31 million, up 68% year-over-year and 74% quarter-over-quarter; net income margin widened to 46%.
- Non-GAAP adjusted EBITDA climbed to $59.8 million, up 41% year-over-year and 33% quarter-over-quarter; margin was 89%.
- Operating cash flow increased to $41.4 million, up 11% year-over-year; non-GAAP free cash flow was $40.2 million, up 11%.
- Declared a $0.12 quarterly dividend; held talks with seven power and digital counterparties tied to 10+ GW potential.
