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LandBridge (LB) guidance history: what it guided and what it reported

LandBridge gave guidance in 8 earnings releases on file since Mar 5, 2025. Its releases raised guidance twice and lowered it 0 times.

Adjusted EBITDA

The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.

PeriodGuided (and how it moved)ReportedResultvs midpoint
FY2026$205M–$225M (Feb 25, 2026) → raised $210M–$230M (May 6, 2026) → reaffirmed $210M–$230M (Aug 5, 2026) → raised $220M–$235M (Nov 4, 2026)—to be reported—
FY2025$170M–$190M (Mar 5, 2025) → reaffirmed $170M–$190M (May 7, 2025) → lowered $160M–$180M (Aug 7, 2025) → reaffirmed $165M–$175M (Nov 12, 2025)———

The latest quarter

LandBridge, Q3 2026: revenue $70.9M (+40% year over year), operating margin 68.1%, net earnings $13.0M, operating cash flow $49.6M. The chart follows the revenue to costs, profit and cash.

Questions

Does LandBridge beat its guidance?

LandBridge gave guidance in 8 earnings releases on file since Mar 5, 2025. Its releases raised guidance twice and lowered it 0 times.

How often does LandBridge raise guidance?

Its earnings releases raised guidance twice and lowered it 0 times since Mar 5, 2025.

Latest guidance and outlook →

Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.