The financials
Landstar System, Inc. by the numbers
Landstar System, Inc. (LSTR) reported revenue of $1.17B in Q1 2026 (quarter ended March 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 2026-Q1 was Van Equipment at $603M, 56% of the disclosed total, just ahead of Unsided Platform Equipment at 34%.
| 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 | $603M | 56% |
| Unsided Platform Equipment | $369M | 34% |
| Other Truck Transportation | $87M | 8.0% |
| Less Than Truckload | $24M | 2.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.08B (-0.70%)
Unsided Platform Equipment grew +8.3% year on yearOther Truck Transportation -6.0% year on year
Segment Latestquarter on quarteryear on year
- Van Equipment$603.4M$603.4MQoQ +3.4%year on year +1.4%+3.4%+1.4%
- Unsided Platform Equipment$368.6M$368.6MQoQ -4.5%year on year +8.3%-4.5%+8.3%
- Other Truck Transportation$86.5M$86.5MQoQ -9.9%year on year -6.0%-9.9%-6.0%
- Less Than Truckload$23.8M$23.8MQoQ -2.8%year on year +6.0%-2.8%+6.0%
Integrated Freight & Logistics
Ranks #9 of 10 by Smart Score