TPL Q3 2025 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q3 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$203M+17.0% YoY

Gross Profit

$172M84.5% margin

Operating Income

$149M73.4% margin

Net Income

$121M59.7% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$155M

Free Cash Flow

$136M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$157M

Stockholders' Equity

$1.4B

Cash & Equivalents

$532M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$203M	$174M	+17.0%
Gross Profit	$172M	$162M	+6.1%
Operating Income	$149M	$127M	+17.1%
Net Income	$121M	$107M	+13.7%

Revenue Segments

Oil And Gas Royalties

$109M54%

Water Sales And Royalties

$45M22%

Produced Water Royalties

$32M16%

Easement and Sundry

$17M8%

Land Sales

$819,0000%