TPL · 10-Q · 2026Q3 · Full report
Operating Income and Margins
Texas Pacific Land Corp · 2026-11-04 · Importance 60 · Surprise 56 · From source text
For the nine months ended September 30, 2026, operating income increased 31.4% to $581.9 million from $442.9 million in 2025. Consolidated operating margin was approximately 77.0% of revenue, compared with 75.5% in the prior-year period. Land and Resource Management operating income rose to $431.4 million from $311.3 million, while Water Services and Operations operating income increased to $150.6 million from $131.6 million.
Key facts
- Texas Pacific Land Corp reported consolidated operating income of $581.9 million for the nine months ended September 30, 2026, versus $442.9 million in 2025. source
- Texas Pacific Land Corp reported consolidated net income of $464.2 million for the nine months ended September 30, 2026, versus $358.0 million in 2025. source
- Texas Pacific Land Corp's net income was $464.2 million in the nine months ended September 30, 2026, compared with $358.0 million in 2025. source
- Net income was $167.368 million for the three months ended September 30, 2026, compared with $121.238 million in 2025. source
- Net income was $464.200 million for the nine months ended September 30, 2026, compared with $358.030 million in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +50.8% | Texas Pacific Land Corp reported consolidated operating income of $581.9 million for the nine months ended September 30, 2026, versus… |
| net_income | positive | realized | +38.8% | Net income was $464.200 million for the nine months ended September 30, 2026, compared with $358.030 million in 2025. |
| net_income | positive | realized | +16.9% | Net income was $167.368 million for the three months ended September 30, 2026, compared with $121.238 million in 2025. |