TPL Q4 2025 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q4 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$212M+13.9% YoY

Gross Profit

$288M136.2% margin

Operating Income

$149M70.5% margin

Net Income

$123M58.3% margin

EPS (Diluted)

$1.78

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$85M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$164M

Stockholders' Equity

$1.5B

Cash & Equivalents

$145M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$212M	$186M	+13.9%
Gross Profit	$288M	$165M	+74.3%
Operating Income	$149M	$143M	+4.7%
Net Income	$123M	$118M	+4.2%

Revenue Segments

Oil And Gas Royalties

$97M46%

Water Sales And Royalties

$61M29%

Produced Water Royalties

$34M16%

Easement and Sundry

$21M10%