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DORCHESTER MINERALS, L.P. (DMLP) Annual Reports

Q: Where can I read DORCHESTER MINERALS, L.P. (DMLP) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 3 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

DORCHESTER MINERALS, L.P. is listed on Nasdaq, classified by the SEC under Crude Petroleum & Natural Gas (SIC 1311). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 1172358 →

Website：Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
	Current	Prior year	YoY
Revenue	$56.1M	$32.4M	+73.1%
Net income	$30.9M	$12.3M	+150.0%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 56.1 mn Net income 30.9 mn

Show table：Income statement

Item	2009Q4	2010Q1	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	37.6	12.7	12.6	12.5	19.5	15.9	21.1	13.9	22.3	19.0	20.6	19.6	19.6	15.5	6.80	12.6	12.1	17.8	21.4	24.0	30.3	40.4	47.5	44.1	38.9	40.2	30.6	42.6	50.4	31.0	37.4	53.5	39.7	43.2	32.4	35.4	41.9	58.9	56.1
Operating income	21.0	—	7.93	9.52	8.44	7.74	9.77	11.5	13.2	7.29	8.68	8.13	13.9	7.65	11.9	10.7	13.2	12.3	12.6	11.0	8.70	4.03	3.81	2.68	2.72	—	—	—	21.0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net income	21.7	8.93	7.93	9.54	8.49	7.74	9.77	11.5	13.2	7.30	8.68	8.13	13.9	7.65	12.0	10.8	13.2	12.9	12.7	11.0	8.70	4.03	3.82	2.68	2.73	1.50	5.95	6.65	6.87	8.52	8.45	7.22	14.2	11.0	16.4	9.28	17.3	14.0	13.6	12.9	12.3	8.76	1.19	5.62	6.30	11.8	16.5	18.0	23.8	30.6	37.3	34.2	28.5	28.1	19.8	29.5	36.8	18.2	23.6	36.4	14.2	17.6	12.3	11.2	16.2	29.1	30.9

Balance sheet

Quarterly · In mn (USD)

Total assets 314 mn Total liabilities 10.3 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2009Q4	2010Q1	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	—	—	—	—	20.4	—	22.5	26.0	28.5	25.9	22.3	20.4	26.1	23.6	25.6	27.2	28.2	28.8	28.7	30.4	26.5	18.0	14.9	15.3	12.8	10.2	14.3	14.9	14.8	17.8	19.8	19.1	25.4	26.3	31.2	25.6	30.1	32.0	32.5	31.9	28.3	28.2	15.2	21.4	18.2	23.6	32.3	36.5	46.7	58.6	72.7	75.6	62.5	62.2	51.4	63.1	69.7	58.6	57.4	86.0	67.8	68.5	59.7	62.5	58.9	74.4	99.8
Total assets	—	—	—	—	153	—	146	145	143	136	128	122	124	118	117	115	113	111	108	104	97.5	86.5	81.1	78.5	73.7	69.0	70.7	69.3	67.2	68.5	91.3	88.3	92.0	90.8	93.5	85.5	87.9	132	128	124	117	113	97.4	94.6	88.3	91.3	109	110	147	168	177	195	176	169	153	192	191	185	176	403	367	349	326	330	310	302	314
Current liabilities	—	—	—	—	0.58	—	1.03	1.49	0.57	0.66	0.99	1.61	0.49	0.83	1.62	1.53	0.95	1.11	1.30	1.45	0.99	—	1.78	1.78	0.54	0.61	1.15	1.23	0.28	0.75	1.66	1.79	0.64	1.41	1.65	2.14	0.49	2.56	2.52	3.77	2.36	3.11	3.07	2.81	1.88	1.78	2.16	2.71	2.80	3.16	4.37	5.50	3.41	3.51	6.62	7.74	4.47	4.48	4.58	6.05	4.25	5.19	5.15	6.22	3.79	4.48	7.20
Total liabilities	—	—	—	—	0.71	—	1.14	1.59	0.66	0.74	1.06	1.67	0.54	0.87	1.65	1.55	0.96	1.12	1.30	1.45	0.99	1.30	1.83	1.82	0.56	0.62	1.15	1.23	0.28	—	1.72	2.25	1.30	2.06	2.30	2.86	1.28	4.97	4.86	6.03	4.55	5.22	5.10	4.77	3.76	3.59	3.90	4.38	4.40	4.68	5.82	6.89	4.72	4.76	7.79	8.85	5.51	5.46	5.49	6.89	5.02	5.90	5.79	6.80	4.32	4.94	10.3

Cash flow

Quarterly · In mn (USD)

Operating 64.2 mn Investing 2.28 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2009Q4	2010Q1	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	37.4	—	27.6	15.3	9.87	13.9	13.7	14.9	13.0	17.6	14.9	11.5	12.4	14.6	13.0	14.8	13.9	16.3	16.0	14.7	10.7	10.1	6.02	6.40	5.22	4.47	8.95	8.14	6.72	10.1	11.2	9.99	12.8	14.5	18.3	13.9	15.8	17.7	17.6	19.5	11.3	17.8	8.57	5.64	7.36	10.5	17.7	19.3	22.8	28.4	39.0	45.9	33.7	38.7	29.3	33.9	37.9	28.0	29.4	43.7	31.5	33.4	30.5	34.3	34.3	23.9	64.2
Investing	1.25	—	0.54	0.03	0	—	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.14	—	—	—	—	—	0.57	-0.24	-0.95	0.02	-0.08	0	0.01	1.17	0.59	0.09	0	—	0	5.52	0.61	0.26	0.35	0.21	1.76	0.75	0.26	0.82	0.26	—	—	—	2.28	—	—	—	—	—	—	—	—	—	—
Cash at period end	10.1	—	14.1	16.4	11.3	13.9	14.1	15.7	14.2	17.6	15.3	12.3	13.8	14.6	13.5	15.8	15.2	16.5	16.8	15.9	15.9	10.7	7.03	8.11	7.14	5.27	9.52	9.50	8.21	10.6	12.6	11.6	13.8	15.4	19.6	15.7	18.3	19.9	20.8	21.9	15.3	20.2	11.8	14.8	11.2	13.3	20.5	22.3	28.3	33.0	43.0	52.0	40.8	45.0	35.3	43.5	47.0	37.7	35.2	56.5	42.5	41.5	36.5	41.6	41.9	28.2	72.5

Profitability

Quarterly · %

Operating margin 55.8% Net margin 55.0%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2009Q4	2010Q1	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	55.8%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18.3%	67.0%	67.3%	57.9%	72.8%	69.0%	77.5%	66.6%	77.5%	73.5%	66.0%	65.8%	62.9%	56.6%	17.5%	44.8%	52.0%	66.3%	77.3%	75.2%	78.7%	75.8%	78.6%	77.6%	73.2%	69.9%	64.7%	69.2%	73.0%	58.6%	63.2%	68.1%	35.9%	40.9%	38.1%	31.6%	38.7%	49.5%	55.0%

Returns & leverage

Quarterly · %

ROA 27.3% Debt ratio 3.3%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2009Q4	2010Q1	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROA	—	—	—	—	22.8%	—	24.3%	25.9%	28.5%	30.7%	29.7%	27.9%	28.5%	30.2%	34.1%	37.5%	36.8%	42.7%	44.0%	45.5%	43.0%	36.9%	29.1%	21.1%	15.5%	13.8%	16.9%	22.8%	29.8%	40.7%	37.6%	39.4%	48.3%	51.3%	52.8%	58.5%	59.9%	51.0%	48.8%	55.1%	51.5%	38.7%	31.1%	25.5%	21.3%	24.3%	38.9%	51.4%	59.7%	68.7%	76.6%	82.5%	80.9%	75.9%	66.9%	54.6%	62.1%	58.9%	65.7%	38.6%	33.1%	34.4%	32.1%	15.1%	17.0%	21.2%	27.3%
Debt ratio	—	—	—	—	0.5%	—	0.8%	1.1%	0.5%	0.5%	0.8%	1.4%	0.4%	0.7%	1.4%	1.4%	0.8%	1.0%	1.2%	1.4%	1.0%	1.5%	2.3%	2.3%	0.8%	0.9%	1.6%	1.8%	0.4%	—	1.9%	2.5%	1.4%	2.3%	2.5%	3.4%	1.4%	3.8%	3.8%	4.9%	3.9%	4.6%	5.2%	5.0%	4.3%	3.9%	3.6%	4.0%	3.0%	2.8%	3.3%	3.5%	2.7%	2.8%	5.1%	4.6%	2.9%	3.0%	3.1%	1.7%	1.4%	1.7%	1.8%	2.1%	1.4%	1.6%	3.3%

Revenue & profit

Year-to-date · In mn (USD)

Revenue 115 mn Net income 60.0 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 314 mn Total liabilities 10.3 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 88.1 mn Investing 2.09 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Net margin 52.2%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROA 27.3% Debt ratio 3.3%

Revenue & profit

Annual · In mn (USD)

Revenue 153 mn Net income 57.4 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	—	—	—	—	—	—	—	57.3	73.3	78.8	46.9	93.4	171	164	162	153
Operating income	—	42.2	38.0	43.4	44.5	13.3	—	—	—	—	—	—	—	—	—	—
Net income	34.9	42.2	38.0	43.6	45.2	13.3	21.0	38.4	53.9	52.8	21.9	70.2	131	114	92.5	57.4

Balance sheet

Annual · In mn (USD)

Total assets 310 mn Total liabilities 4.32 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	20.4	28.5	26.1	28.2	26.5	12.8	14.8	25.4	30.1	28.3	18.2	46.7	62.5	69.7	67.8	58.9
Total assets	153	143	124	113	97.5	73.7	67.2	92.0	87.9	117	88.3	147	176	191	367	310
Current liabilities	0.58	0.57	0.49	0.95	0.99	0.54	0.28	0.64	0.49	2.36	1.88	2.80	3.41	4.47	4.25	3.79
Total liabilities	0.71	0.66	0.54	0.96	0.99	0.56	0.28	1.30	1.28	4.55	3.76	4.40	4.72	5.51	5.02	4.32

Cash flow

Annual · In mn (USD)

Operating 132 mn Investing 2.09 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	—	55.5	56.4	56.4	57.7	27.7	28.3	44.0	62.5	66.1	39.4	70.3	147	140	133	132
Investing	—	—	—	—	—	—	—	—	-0.06	1.85	—	2.58	2.09	—	—	—
Cash at period end	11.3	14.2	13.8	15.2	15.9	7.14	8.21	13.8	18.3	15.3	11.2	28.3	40.8	47.0	42.5	41.9

Profitability

Annual · %

Net margin 37.5%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Net margin	—	—	—	—	—	—	—	67.1%	73.6%	67.0%	46.6%	75.1%	76.5%	69.7%	57.2%	37.5%

Returns & leverage

Annual · %

ROA 17.0% Debt ratio 1.4%

Show table：Returns & leverage

Item	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROA	22.8%	28.5%	28.5%	36.8%	43.0%	15.5%	29.8%	48.3%	59.9%	51.5%	21.3%	59.7%	80.9%	62.1%	33.1%	17.0%
Debt ratio	0.5%	0.5%	0.4%	0.8%	1.0%	0.8%	0.4%	1.4%	1.4%	3.9%	4.3%	3.0%	2.7%	2.9%	1.4%	1.4%

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read DORCHESTER MINERALS, L.P. (DMLP) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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