TPL Q1 2025 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q1 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$196M+12.5% YoY

Gross Profit

$173M88.2% margin

Operating Income

$150M76.6% margin

Net Income

$121M61.6% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$157M

Free Cash Flow

$148M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$147M

Stockholders' Equity

$1.2B

Cash & Equivalents

$460M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$174M	+12.5%
Gross Profit	$173M	$160M	+8.2%
Operating Income	$150M	$136M	+10.3%
Net Income	$121M	$114M	+5.4%

Revenue Segments

Oil And Gas Royalties

$111M57%

Water Sales And Royalties

$39M20%

Produced Water Royalties

$28M14%

Easement and Sundry

$18M9%