TPL Q2 2025 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q2 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$188M+8.8% YoY

Gross Profit

$165M88.2% margin

Operating Income

$144M76.6% margin

Net Income

$116M61.9% margin

EPS (Diluted)

$1.68

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$121M

Free Cash Flow

$118M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$116M

Stockholders' Equity

$1.3B

Cash & Equivalents

$544M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188M	$172M	+8.8%
Gross Profit	$165M	$153M	+7.8%
Operating Income	$144M	$133M	+7.9%
Net Income	$116M	$115M	+1.4%

Revenue Segments

Oil And Gas Royalties

$95M51%

Easement and Sundry

$36M19%

Produced Water Royalties

$31M16%

Water Sales And Royalties

$26M14%