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

Revenue by Business Segment

2026-01-01 to 2026-06-30

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Texas Pacific Land Corporation (TPL) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETLand And Resource Management SegmentWater Service and Operations SegmentTotal revenuesOperating incomeTotal operating expensesDepreciation, depletion and amortizationSalaries and related employee expensesWater service-related expensesGeneral and administrative expensesAd valorem and other taxesOther income (expense), net (calculated)Income before income taxesNet incomeIncome tax expenseOther income (expense), net (calculated)Other income,net (calculated)$3.12 MIncome before income taxesPretax income$377.26 MTotal revenuesTotal revenues$482.88 MOperating incomeOperating income$374.15 MNet incomeNet income$296.83 MLand And Resource Management SegmentLRM$317.43 MWater Service and Operations SegmentWSO$165.45 MTotal operating expensesTotal operatingexpenses$108.73 MIncome tax expenseIncome tax expense$80.43 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$30.68 MSalaries and related employee expensesSalaries and relatedemployee expenses$30.55 MWater service-related expensesWater service-related expenses$25.86 MGeneral and administrative expensesGeneral andadministrative expenses$16.64 MAd valorem and other taxesAd valorem and other taxes$5.01 M
Chart details

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

Income statement for 2026-01-01 through 2026-06-30. View: Business segment. 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
Land And Resource Management Segment
317,427,000 US dollars
Water Service and Operations Segment
165,450,000 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.
Texas Pacific Land Corporation (TPL) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

77.5%

Operating profit / revenue

Cash conversion

112.8%

Operating cash / net income, same period

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