DORCHESTER MINERALS, L.P.DMLPEarnings & Financial Report
Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.
Revenue
$31.0M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$18.2M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
58.6%
YoY Growth
-22.9%
EPS
$0.44
DORCHESTER MINERALS, L.P. Q1 FY2024 Financial Summary
DORCHESTER MINERALS, L.P. reported revenue of $31.0M (down 22.9% YoY) for Q1 FY2024, with a net profit of $18.2M (down 35.3% YoY) (58.6% margin).
Key Financial Metrics
| Total Revenue | $31.0M |
|---|---|
| Net Profit | $18.2M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2024 |
Revenue Breakdown
DORCHESTER MINERALS, L.P. Q1 FY2024 revenue of $31.0M breaks down across 2 segments, led by Royalties at $24.9M (80.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Royalties | $24.9M | 80.3% |
| Other | $6.1M | 19.7% |
DORCHESTER MINERALS, L.P. Revenue by Segment — Quarterly Trend
DORCHESTER MINERALS, L.P. revenue by segment across the last 4 reported quarters, showing how each business line (such as Royalties and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Royalties | $34.0M | $31.5M | $24.4M | $37.8M |
| Other | $7.8M | $3.9M | $8.0M | $5.3M |
DORCHESTER MINERALS, L.P. Annual Revenue by Year
DORCHESTER MINERALS, L.P. annual revenue history includes year-by-year totals (for example, 2025 revenue was $152.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $152.8M |
| 2024 | $161.5M |
| 2023 | $163.8M |
| 2022 | $170.8M |
DORCHESTER MINERALS, L.P. Quarterly Revenue & Net Profit History
DORCHESTER MINERALS, L.P. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $41.9M | +5.4% | $16.2M | 38.7% |
| Q3 FY2025 | $35.4M | -33.8% | $11.2M | 31.5% |
| Q2 FY2025 | $32.4M | -13.3% | $12.3M | 38.1% |
| Q1 FY2025 | $43.2M | +39.3% | $17.6M | 40.9% |
| Q4 FY2024 | $39.7M | -21.2% | $14.2M | 35.9% |
| Q3 FY2024 | $53.5M | +25.5% | $36.4M | 68.1% |
| Q2 FY2024 | $37.4M | +22.0% | $23.6M | 63.2% |
| Q1 FY2024 | $31.0M | -22.9% | $18.2M | 58.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.0M | $37.4M | $53.5M | $39.7M | $43.2M | $32.4M | $35.4M | $41.9M |
| YoY Growth | -22.9% | 22.0% | 25.5% | -21.2% | 39.3% | -13.3% | -33.8% | 5.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $184.8M | $176.0M | $403.4M | $366.8M | $349.0M | $325.6M | $330.4M | $309.6M |
| Liabilities | $5.5M | $5.5M | $6.9M | $5.0M | $5.9M | $5.8M | $6.8M | $4.3M |
| Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $28.0M | $29.4M | $43.7M | $31.5M | $33.4M | $30.5M | $34.3M | $34.3M |