Dorchester Minerals, L.P. (DMLP)DMLPDorchester Minerals, L.P.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	192.22M	56.08M	58.88M	41.86M	35.42M	32.40M	43.16M	39.71M	53.47M
Cost of Goods Sold	52.21M	0.00	25.47M	22.41M	4.33M	17.23M	21.21M	22.24M	4.13M
Gross Profit	83.94M	0.00	33.40M	19.45M	31.09M	15.17M	21.96M	17.47M	49.34M
Gross Profit Margin	43.7%	0.0%	56.7%	46.5%	87.8%	46.8%	50.9%	44.0%	92.3%
Total Operating Expenses	11.32M	868K	4.26M	3.26M	2.93M	2.82M	4.32M	3.23M	12.92M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	8.31M	868K	1.26M	3.26M	2.93M	2.82M	4.32M	3.23M	2.88M
Operating Income (EBIT)	73.49M	0.00	29.14M	16.19M	28.16M	12.35M	17.64M	14.24M	36.41M
Operating Margin	38.2%	0.0%	49.5%	38.7%	79.5%	38.1%	40.9%	35.9%	68.1%
Income Before Tax (EBT)	87.37M	30.87M	29.14M	16.19M	11.17M	12.35M	17.64M	14.24M	36.41M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	-16.99M	0.00	0.00	0.00	-16.99M	0.00	0.00	0.00	0.00
Net Income	87.81M	30.87M	29.14M	17.04M	10.77M	11.90M	17.64M	13.70M	35.14M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	45.7%	55.1%	49.5%	40.7%	30.4%	36.7%	40.9%	34.5%	65.7%
EBITDA	145.05M	15.82M	50.04M	34.03M	45.15M	27.06M	34.40M	32.20M	46.45M
EBITDA Margin	75.5%	28.2%	85.0%	81.3%	127.5%	83.5%	79.7%	81.1%	86.9%
Depreciation & Amortization	71.56M	15.82M	20.91M	17.84M	16.99M	14.71M	16.76M	17.96M	10.04M
EPS Basic	1.83	0.64	0.60	0.36	0.23	0.25	0.36	0.29	0.87
EPS Diluted	1.83	0.64	0.60	0.36	0.23	0.25	0.36	0.29	0.87
Shares Outstanding	48.26M	48.26M	48.26M	47.65M	47.67M	47.34M	47.34M	47.34M	40.17M
Diluted Shares Outstanding	48.26M	48.26M	48.26M	47.65M	47.67M	47.34M	47.34M	47.34M	40.17M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	152.83M	161.52M	163.80M	170.80M	93.42M	46.93M	78.80M	73.28M
Cost of Goods Sold	82.16M	57.14M	38.52M	31.97M	18.06M	17.60M	19.95M	14.46M
Gross Profit	70.68M	104.38M	125.28M	138.83M	75.36M	29.33M	58.85M	58.82M
Gross Profit Margin	46.2%	64.6%	76.5%	81.3%	80.7%	62.5%	74.7%	80.3%
Total Operating Expenses	13.32M	11.93M	11.16M	8.22M	5.19M	7.46M	6.09M	4.91M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	13.32M	11.93M	11.16M	8.22M	5.19M	7.46M	6.09M	4.91M
Operating Income (EBIT)	57.35M	92.45M	114.12M	130.61M	70.17M	21.87M	52.77M	53.91M
Operating Margin	37.5%	57.2%	69.7%	76.5%	75.1%	46.6%	67.0%	73.6%
Income Before Tax (EBT)	57.35M	92.45M	114.12M	130.61M	70.17M	21.87M	52.77M	53.91M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	57.35M	92.45M	110.39M	130.61M	70.17M	21.87M	52.77M	53.91M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	37.5%	57.2%	67.4%	76.5%	75.1%	46.6%	67.0%	73.6%
EBITDA	123.65M	135.22M	140.62M	149.90M	80.86M	34.02M	66.07M	62.85M
EBITDA Margin	80.9%	83.7%	85.8%	87.8%	86.6%	72.5%	83.8%	85.8%
Depreciation & Amortization	66.30M	42.77M	26.50M	19.29M	10.69M	12.15M	13.30M	8.95M
EPS Basic	1.20	2.13	2.85	3.35	1.94	0.61	1.50	1.67
EPS Diluted	1.20	2.13	2.85	3.35	1.94	0.61	1.50	1.67
Shares Outstanding	47.65M	41.81M	38.78M	37.62M	35.05M	34.68M	34.13M	32.28M
Diluted Shares Outstanding	47.65M	41.81M	38.78M	37.62M	35.05M	34.68M	34.13M	32.28M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Dorchester Minerals, L.P.

Dorchester Minerals, L.P. is engaged in the acquisition, ownership, and management of both producing and non-producing royalty, net profit, and leasehold interests related to natural gas and crude oil across the United States. Its extensive royalty holdings encompass mineral, royalty, and overriding royalty interests, spanning 582 counties and parishes in 26 states. The firm's net profits interests represent overriding royalty interests derived from the net earnings of properties held by the operating partnership. Dorchester Minerals Management LP serves as the general partner for Dorchester Minerals, L.P. This Dallas, Texas-based company was established in 1982.

Dallas, TX

26 employees

www.dmlp.net

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Bradley J. Ehrman

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