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

- Company: Texas Pacific Land Corporation (TPL)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-05, accession number 0001811074-26-000058
- Page: https://plicit.ai/financials/tpl/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/tpl-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/tpl/fy2026-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/tpl-fy2026-q2-revenue-by-business-segment-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. 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
- **Land And Resource Management Segment**: 163,867,000 US dollars
- **Water Service and Operations Segment**: 82,192,000 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.