LandBridge Q4 Earnings Call Highlights

3 weeks ago 15

MarketBeat

Sat, February 28, 2026 astatine 10:41 AM CST 7 min read

LandBridge logo

Strong 2025 results: Revenue roseate 81% to $199.1M and Adjusted EBITDA reached $177M (about an 89% margin), with full-year escaped currency travel of $122M and 2026 Adjusted EBITDA guidance of $205M–$225M (>20% maturation astatine midpoint).
Commercial and land-portfolio progress: Management signed large projects including a Samsung BESS woody for an aggregate 350 MW, a 3,000‑acre star merchantability (~250 MW), a ONEOK midstream lease and a imaginable 1.1 GW NRG state works for information centers, portion mean gross per acre (SUEE) roseate to $658 with long‑term targets of $2,500–$3,500 per acre.
Balance-sheet and shareholder actions: LandBridge issued $500M elder notes, secured a $275M revolver, finished the twelvemonth with $236M liquidity and 2.8x covenant nett leverage, and boosted superior returns with a 20% dividend summation to $0.12 per stock positive a $50M buyback authorization.
Interested successful LandBridge Company LLC? Here are 5 stocks we similar better.

Here's What Separates Oklo From the Rest of the Nuclear Startups

LandBridge (NYSE:LB) executives highlighted accelerated growth, expanding commercialized enactment crossed West Texas acreage, and a higher shareholder instrumentality model during the company’s fourth-quarter and full-year 2025 results call.

Chief Executive Officer Jason Long said 2025 was “a twelvemonth of accretive expansion,” with the 4th fourth marking LandBridge’s seventh consecutive 4th of gross maturation arsenic a nationalist company. Long said the institution grew gross 81% and Adjusted EBITDA 83% year-over-year successful 2025, reaching an Adjusted EBITDA borderline of 89%. In the 4th quarter, LandBridge posted sequential increases of 12% successful gross and 14% successful Adjusted EBITDA.

→ SoundHound’s New Sales Assist Agent Put Voice AI Back successful the Spotlight

Trump Index: 6 Companies Linked to Trump’s Cabinet Worth Watching

Chief Financial Officer Scott McNeely reported fourth-quarter full gross of $56.8 million, up 12% sequentially and 56% year-over-year. For the afloat year, gross totaled $199.1 million, besides up 81% year-over-year.

Adjusted EBITDA was $51.1 million successful the 4th quarter, up 14% sequentially and 61% year-over-year, with a 90% margin. For the year, Adjusted EBITDA totaled $177 million, which McNeely said was supra the precocious extremity of the company’s guidance range, representing an 89% margin.

→ Diamondback Sees Resilient Demand Despite Cautious Guidance

3 Stocks Set to Benefit From Trump’s “Drill, Baby, Drill" Policy

LandBridge generated $36.4 million of escaped currency travel successful the 4th fourth (a 64% margin) and $122 million for the afloat twelvemonth (a 61% margin).

Read Entire Article