Texas Pacific Land (TPL) Revenue — Quarter Ended Dec 31, 2025
Revenue for the reported quarter increased compared with the immediately preceding quarter and the same period one year earlier. The company's filing context indicates it maintained a debt-free balance sheet with no borrowings under its credit facility.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the reported quarter increased compared with the immediately preceding quarter and the same period one year earlier. The company's filing context indicates it maintained a debt-free balance sheet with no borrowings under its credit facility.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$211.6M
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
+13.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$798.2M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $196M | +12.5% |
| Jun 30, 2025 | $187.5M | +8.8% |
| Sep 30, 2025 | $203.1M | +17.0% |
| Dec 31, 2025 | $211.6M | +13.9% |
Revenue performance
Revenue rose from the prior quarter, and the year-over-year comparison also showed a gain.
Quarterly comparison
The current quarter's revenue was higher than that of the immediately preceding quarter and also higher than the same quarter one year ago.
What to watch
The company reports no debt outstanding and no draws on its credit facility, reflecting a debt-free capital structure.