Texas Pacific Land Corporation (TPL) FY2026 Q2 P&L / Income Statement

Texas Pacific Land Corporation (TPL) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

246,059,000 US dollars

Total operating expenses

54,242,000 US dollars

Operating income

191,817,000 US dollars

Other income (expense), net (calculated)

1,881,000 US dollars

Income before income taxes

193,698,000 US dollars

Income tax expense

39,768,000 US dollars

Net income

153,930,000 US dollars

Oil and gas royalties

145,589,000 US dollars

Water sales

39,733,000 US dollars

Produced water royalties

37,075,000 US dollars

Easements and other surface-related income

23,662,000 US dollars

Land sales

0 US dollars

Water service-related expenses

11,570,000 US dollars

Salaries and related employee expenses

15,562,000 US dollars

Depreciation, depletion and amortization

16,639,000 US dollars

General and administrative expenses

8,004,000 US dollars

Ad valorem and other taxes

2,467,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.