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The financials
Landstar System, Inc. by the numbers
Landstar System, Inc. (LSTR) reported revenue of $1.17B in Q1 2026 (quarter ended Mar 28, 2026), up 1.6% from the same quarter a year earlier. That came with net income of $39M (3.4% of revenue). For the full year FY2025, revenue was $4.74B (−1.6% year on year) and net income $115M. Its largest product in Jun 2026 was Van Equipment at $718M, 54% of the disclosed total, ahead of Unsided Platform Equipment at 37%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.17B | $1.15B | +1.6% |
| Operating income | $53M | $39M | +35% |
| Net income | $39M | $30M | +32% |
| Diluted EPS | $1.16 | $0.85 | +36% |
| Product | Revenue | Share |
|---|---|---|
| Van Equipment | $718M | 54% |
| Unsided Platform Equipment | $492M | 37% |
| Other Truck Transportation | $99M | 7.4% |
| Less Than Truckload | $25M | 1.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.33B (+23%)
Unsided Platform Equipment grew +23% year on yearOther Truck Transportation -1.6% year on year
Segment Latestquarter on quarteryear on year
- Van Equipment$717.5M$717.5MQoQ +19%year on year +21%+19%+21%
- Unsided Platform Equipment$492.2M$492.2MQoQ +34%year on year +23%+34%+23%
- Other Truck Transportation$99.1M$99.1MQoQ +15%year on year -1.6%+15%-1.6%
- Less Than Truckload$25.1M$25.1MQoQ +5.6%year on year -0.75%+5.6%-0.75%
Integrated Freight & Logistics
Ranks #4 of 5 by Smart Score