Dorchester Minerals Q3 2026 Revenue Rises 45% to $51.4M

Dorchester Minerals (DMLP) reported results for the third quarter of 2026. Revenue was $51.4 million, up 45% from a year earlier, and adjusted EPS was $0.54, up 135% from a year earlier.

Shares rose 3.1% in after-hours trading as of 5:47 p.m. ET, to $28.09 from a $27.26 close.

By our calculation, the QoQ column compares with the previous quarter's revenue of $56.1 million and adjusted EPS of $0.62. The YoY column compares with $35.4 million and $0.23 in the same quarter a year earlier.

GAAP results

• GAAP EPS. GAAP diluted EPS was $0.57, against $0.23 a year earlier.
• Net income. The company reported net income of $27.6 million on a GAAP basis, compared with net income of $10.8 million a year earlier.

Track record

• Revenue trend. Revenue over the last 5 reports, oldest first: $35.4 million, $41.9 million, $58.9 million, $56.1 million and $51.4 million.

What to watch

• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 45% increase to $51.4 million.
• Share reaction. How shares trade in the next regular session after the 3.1% gain in after-hours trading.
• Sequential trend. Whether revenue builds on its 8.3% decrease from the previous quarter.
• Related coverage. See our reports on Regency Centers, James Hardie Industries, Wheaton Precious Metals and Willdan.

Sources: Results are from Dorchester Minerals's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Dorchester Minerals's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.