Dorchester Minerals, L.P. (DMLP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 58.88M | 41.86M | 35.42M | 32.4M | 43.16M | 39.71M | 53.47M | 37.36M | 30.98M | 50.42M | 42.59M | 30.62M | 40.17M | 38.88M | 44.06M | 47.46M | 40.4M | 30.3M | 23.97M | 21.36M |
| Revenue Growth % | 36.4% | 5.4% | -33.77% | -13.29% | 39.33% | -21.24% | 25.54% | 22.02% | -22.87% | 29.67% | -3.32% | -35.48% | -0.58% | 28.31% | 83.81% | 122.18% | 127.11% | 150.2% | 91.06% | 214.36% |
| Cost of Goods Sold | 25.47M | 22.41M | 4.33M | 17.23M | 21.21M | 22.24M | 4.13M | 11.18M | 9.54M | 10.73M | 10.33M | 8.09M | 2.72M | 8.23M | 3.18M | 3.81M | 7.73M | 5.31M | 5.03M | 4.13M |
| COGS % of Revenue | 43.27% | 53.53% | 12.22% | 53.17% | 49.13% | 56.01% | 7.73% | 29.93% | 30.8% | 21.29% | 24.26% | 26.42% | 6.77% | 21.16% | 7.23% | 8.02% | 19.14% | 17.52% | 20.98% | 19.32% |
| Gross Profit | 33.4M | 19.45M | 31.09M | 15.17M | 21.96M | 17.47M | 49.34M | 26.18M | 21.44M | 39.68M | 32.26M | 22.53M | 37.45M | 30.66M | 40.87M | 43.65M | 32.67M | 25M | 18.94M | 17.23M |
| Gross Margin % | 56.73% | 46.47% | 87.78% | 46.83% | 50.87% | 43.99% | 92.27% | 70.07% | 69.2% | 78.71% | 75.74% | 73.58% | 93.23% | 78.84% | 92.77% | 91.98% | 80.86% | 82.48% | 79.02% | 80.68% |
| Gross Profit Growth % | 52.11% | 11.34% | -36.99% | -42.06% | 2.44% | -55.98% | 52.93% | 16.21% | -42.76% | 29.45% | -21.07% | -48.39% | 14.64% | 22.65% | 115.79% | 153.3% | 133.84% | 201.51% | 141.23% | 587.94% |
| Operating Expenses | 4.26M | 3.26M | 2.93M | 2.82M | 4.32M | 3.23M | 12.92M | 2.55M | 3.27M | 2.9M | 2.8M | 2.72M | 2.74M | 2.2M | 2.42M | 1.55M | 2.04M | 1.39M | 910K | 724K |
| OpEx % of Revenue | 7.24% | 7.79% | 8.26% | 8.71% | 10% | 8.13% | 24.17% | 6.83% | 10.55% | 5.76% | 6.57% | 8.9% | 6.82% | 5.65% | 5.5% | 3.28% | 5.06% | 4.57% | 3.8% | 3.39% |
| Selling, General & Admin | 1.26M | 3.26M | 2.93M | 2.82M | 4.32M | 3.23M | 2.88M | 2.55M | 3.27M | 2.9M | 2.8M | 2.72M | 2.74M | 2.2M | 2.42M | 1.55M | 2.04M | 1.39M | 910K | 724K |
| SG&A % of Revenue | 2.14% | 7.79% | 8.26% | 8.71% | 10% | 8.13% | 5.39% | 6.83% | 10.55% | 5.76% | 6.57% | 8.9% | 6.82% | 5.65% | 5.5% | 3.28% | 5.06% | 4.57% | 3.8% | 3.39% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 29.14M | 16.19M | 28.16M | 12.35M | 17.64M | 14.24M | 36.41M | 23.63M | 18.17M | 36.78M | 29.46M | 19.8M | 34.71M | 28.46M | 38.45M | 42.1M | 30.62M | 23.61M | 18.03M | 16.51M |
| Operating Margin % | 49.49% | 38.68% | 79.52% | 38.11% | 40.87% | 35.86% | 68.1% | 63.24% | 58.64% | 72.95% | 69.17% | 64.68% | 86.42% | 73.19% | 87.27% | 88.7% | 75.8% | 77.91% | 75.23% | 77.29% |
| Operating Income Growth % | 65.16% | 13.69% | -22.66% | -47.74% | -2.89% | -61.28% | 23.59% | 19.31% | -47.66% | 29.24% | -23.37% | -52.96% | 13.35% | 20.54% | 113.23% | 154.99% | 159.5% | 275.04% | 220.89% | 1284.98% |
| EBITDA | 50.04M | 34.03M | 45.15M | 27.06M | 34.4M | 32.2M | 46.45M | 31.29M | 25.09M | 44.49M | 36.08M | 25.14M | 41.35M | 34.05M | 42.7M | 46.87M | 35.09M | 26.61M | 20.93M | 18.99M |
| EBITDA Margin % | 85% | 81.31% | 127.49% | 83.52% | 79.7% | 81.09% | 86.88% | 83.76% | 80.98% | 88.24% | 84.71% | 82.11% | 102.95% | 87.58% | 96.91% | 98.76% | 86.85% | 87.82% | 87.33% | 88.91% |
| EBITDA Growth % | 45.47% | 5.69% | -2.8% | -13.54% | 37.13% | -27.62% | 28.75% | 24.47% | -39.33% | 30.64% | -15.49% | -46.36% | 17.85% | 27.96% | 103.96% | 146.78% | 148.88% | 204.29% | 138.42% | 359.66% |
| D&A (Non-Cash Add-back) | 20.91M | 17.84M | 16.99M | 14.71M | 16.76M | 17.96M | 10.04M | 7.67M | 6.92M | 7.71M | 6.62M | 5.34M | 6.64M | 5.6M | 4.25M | 4.77M | 4.47M | 3M | 2.9M | 2.48M |
| EBIT | 29.14M | 16.19M | 11.17M | 12.35M | 17.64M | 14.24M | 36.41M | 23.63M | 18.17M | 36.78M | 29.46M | 19.8M | 28.07M | 28.46M | 34.2M | 37.32M | 30.62M | 23.61M | 18.03M | 16.51M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 0 | 0 | -16.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.64M | 0 | -4.25M | -4.77M | 0 | 224K | 0 | 0 |
| Pretax Income | 29.14M | 16.19M | 11.17M | 12.35M | 17.64M | 14.24M | 36.41M | 23.63M | 18.17M | 36.78M | 29.46M | 19.8M | 28.07M | 28.46M | 34.2M | 37.32M | 30.62M | 23.83M | 18.03M | 16.51M |
| Pretax Margin % | 49.49% | 38.68% | 31.55% | 38.11% | 40.87% | 35.86% | 68.1% | 63.24% | 58.64% | 72.95% | 69.17% | 64.68% | 69.88% | 73.19% | 77.63% | 78.64% | 75.8% | 78.65% | 75.23% | 77.29% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 29.14M | 17.04M | 10.77M | 11.9M | 17.64M | 13.7M | 35.14M | 23.63M | 18.17M | 36.78M | 29.46M | 19.8M | 27.31M | 28.46M | 32.91M | 36.07M | 29.54M | 23.06M | 17.4M | 15.96M |
| Net Margin % | 49.49% | 40.71% | 30.4% | 36.75% | 40.87% | 34.49% | 65.72% | 63.24% | 58.64% | 72.95% | 69.17% | 64.68% | 67.99% | 73.19% | 74.71% | 76% | 73.12% | 76.11% | 72.59% | 74.71% |
| Net Income Growth % | 65.16% | 24.4% | -69.36% | -49.61% | -2.89% | -62.76% | 19.27% | 19.31% | -33.48% | 29.24% | -10.48% | -45.1% | -7.56% | 23.39% | 89.16% | 126.04% | 159.05% | 279.34% | 220.62% | 1309.72% |
| Net Income (Continuing) | 29.14M | 16.19M | 11.17M | 12.35M | 17.64M | 14.24M | 36.41M | 23.63M | 18.17M | 36.78M | 29.46M | 19.8M | 28.07M | 28.46M | 34.2M | 37.32M | 30.62M | 23.83M | 18.03M | 16.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -5.17M | -4.83M | 0 | -3.5M | -2.66M | -2M | -766K | -1.06M | -799K | 113K | 38K | -60K | 319K | 676K | 1.43M | 1.5M | 1.21M | 982K | 860K | 831K |
| EPS (Diluted) | 0.60 | 0.36 | 0.23 | 0.25 | 0.36 | 0.29 | 0.87 | 0.57 | 0.44 | 0.90 | 0.73 | 0.50 | 0.71 | 0.72 | 0.88 | 0.96 | 0.80 | 0.67 | 0.49 | 0.46 |
| EPS Growth % | 66.67% | 24.14% | -73.56% | -56.14% | -18.18% | -67.78% | 19.18% | 14% | -38.03% | 25% | -17.05% | -47.92% | -11.25% | 7.46% | 79.59% | 108.7% | 142.42% | 272.22% | 206.25% | 1433.33% |
| EPS (Basic) | 0.60 | 0.36 | 0.23 | 0.25 | 0.36 | 0.29 | 0.87 | 0.57 | 0.44 | 0.90 | 0.73 | 0.50 | 0.71 | 0.72 | 0.88 | 0.96 | 0.80 | 0.67 | 0.49 | 0.46 |
| Diluted Shares Outstanding | 48.26M | 47.65M | 47.67M | 47.34M | 47.34M | 47.34M | 40.17M | 40.09M | 39.6M | 39.58M | 38.79M | 38.37M | 38.37M | 38.37M | 37.56M | 37.55M | 36.99M | 35.41M | 35.41M | 34.69M |
| Basic Shares Outstanding | 48.26M | 47.65M | 47.67M | 47.34M | 47.34M | 47.34M | 40.17M | 40.09M | 39.6M | 39.58M | 38.79M | 38.37M | 38.37M | 38.37M | 37.56M | 37.55M | 36.99M | 35.3M | 35.41M | 34.69M |
| Dividend Payout Ratio | 125.16% | 195.39% | 307.05% | 288.62% | 205.73% | 383.32% | 80.09% | 132.65% | 219.6% | 94.24% | 88.94% | 191.75% | 124.25% | 141.88% | 120.22% | 78.49% | 80.04% | 77.92% | 97.78% | 65.94% |