Texas Pacific Land Corporation (TPL) Financials

Key financial figures for Texas Pacific Land Corporation (Q3 2026).

Texas Pacific Land set records for revenue ($273.4 million), net income ($167.4 million, $2.42 diluted EPS) and free cash flow ($170.3 million) in Q3 2026, led by record oil and gas royalty revenue of $167.3 million. Total revenues were $273.4 million against $203.1 million in Q3 2025 (+35%, calculated) and $246.1 million in Q2 2026; net income was $167.4 million, or $2.42 per diluted share, against $121.2 million and $1.76 a year earlier. Oil and gas royalty revenue reached a record $167.3 million on royalty production of 42.3 thousand Boe per day (39.7 in Q2 2026) and an average realized price of $44.97 per Boe ($42.17 in Q2 2026). Figures are for Q3 2026, as Texas Pacific Land Corporation reported them.

Revenue
$273M
Net Income
$167M
EPS
$2.43
Total Assets
$2.0B
Operating Cash Flow
$192M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q3 FY2026$273M$167M$2.4276%$178M
Q2 FY2026$246M$154M$2.2377.96%$151M
Q1 FY2026$237M$143M$2.0776.99%$155M
Q4 FY2025$212M$123M$1.7870.54%$85M
Q3 FY2025$203M$121M$1.7673.41%$136M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$798M$481M$6.9774.19%$486M
FY2024$706M$454M$6.5776.38%$461M
FY2023$632M$406M$5.8676.96%$403M

Frequently asked questions

What was Texas Pacific Land Corporation's revenue last quarter?

Texas Pacific Land Corporation reported revenue of $273.4 million for Q3 FY2026, up 34.6% from the same period a year earlier.

Is Texas Pacific Land Corporation profitable?

Yes. Texas Pacific Land Corporation reported net income of $167.4 million for Q3 FY2026, a net margin of 61.22% on revenue.

How has Texas Pacific Land Corporation's margin trended?

Operating margin was 76% in Q3 FY2026, compared with 73.41% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Texas Pacific Land Corporation generate?

Texas Pacific Land Corporation generated free cash flow of $178.4 million in Q3 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Texas Pacific Land Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.