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Segments

By segment

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LRM$109.43M+26.4%
WSO$44.5M+50.5%

Other financials

Income statement

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Revenue$246.1M+31.2%
Operating income$191.8M+33.4%
EPS (diluted)$2.23+32.7%

Balance sheet

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Cash & equivalents$248.6M-54.3%
Total debt$18.0M
Total equity$1.7B+29.7%
Total assets$1.9B+32.4%

Cash flow

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Operating cash flow$172.9M+43.0%
CapEx$426.0K
Free cash flow$90.2M

Valuation

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Market cap$25.63B+19.2%
Enterprise value$25.4B
P/E47.3×+0.8×
P/S28.6×-0.4×

Profitability

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Operating margin74.9%-1.0pp
Net margin60.3%-1.8pp
FCF margin58.6%

Returns & leverage

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Return on equity36.6%-0.4pp
Debt / equity
Current ratio4.6×-10.2×

Where this comes from

Reported directly by Texas Pacific Land in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Texas Pacific Land’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001811074-26-000058
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income, net2,8545,2405,0829,561
Income before income taxes193,698148,991377,262303,385
Income tax expense39,76832,85180,43066,593
Net income$153,930$116,140$296,832$236,792
Other comprehensive loss — periodic pension costs, net of income taxes for the three and six months ended June 30, 2026 and 2025 of $96, $10, $191, $21, respectively(358)(39)(717)(78)
Total comprehensive income$153,572$116,101$296,115$236,714
Net income per share of common stock
Basic$2.23$1.68$4.30$3.43

Item 1. Financial Statements (unaudited)

FAQ

What is Texas Pacific Land's net income?
Texas Pacific Land (TPL) reported net income of $153.93M in Q2 2026.
How has Texas Pacific Land's net income changed year-over-year?
Texas Pacific Land's net income increased by 32.5% year-over-year, from $116.14M to $153.93M.
What is the long-term trend for Texas Pacific Land's net income?
Over 4 years (2021 to 2025), Texas Pacific Land's net income has grown at a 15.6% compound annual growth rate (CAGR), from $269.98M to $481.38M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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