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

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

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

Total revenues

482,877,000 US dollars

Total operating expenses

108,732,000 US dollars

Operating income

374,145,000 US dollars

Other income (expense), net (calculated)

3,117,000 US dollars

Income before income taxes

377,262,000 US dollars

Income tax expense

80,430,000 US dollars

Net income

296,832,000 US dollars

Oil and gas royalties

263,756,000 US dollars

Water sales

86,596,000 US dollars

Produced water royalties

70,604,000 US dollars

Easements and other surface-related income

40,977,000 US dollars

Land sales

20,944,000 US dollars

Water service-related expenses

25,857,000 US dollars

Salaries and related employee expenses

30,549,000 US dollars

Depreciation, depletion and amortization

30,682,000 US dollars

General and administrative expenses

16,635,000 US dollars

Ad valorem and other taxes

5,009,000 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.