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Landstar System Inc 10-Q Filings

LSTR NASDAQ

Every 10-Q that Landstar System Inc (LSTR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LSTR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LSTR filings page.

Rhea-AI Summary

Landstar System, Inc. generated stronger mid‑2026 results. For the twenty‑six weeks ended June 27, 2026, revenue was 2,603,555 (Dollars in thousands), up 10% from 2,363,885, while net income rose to 88,391 from 71,699 and earnings per share increased to 2.60 from 2.05.

Growth was driven mainly by truck transportation, which represented 93% of revenue and benefited from roughly 11–19% higher revenue per load across most truck categories in a tighter capacity and higher diesel environment, even as total loads were roughly flat. Gross profit reached 244,879 (Dollars in thousands), and variable contribution margin was 14.3%.

Cash from operating activities declined to 27,810 (Dollars in thousands) due to working‑capital outflows, and cash and cash equivalents fell to 294,350. The balance sheet shows finance‑lease debt (present value) of 66,774 (Dollars in thousands) and total shareholders’ equity of 836,730. Landstar entered a new $300,000,000 revolving credit facility maturing in 2031, with no borrowings outstanding, and continued returning capital through dividends of 0.80 per share and common‑stock purchases. Insurance and claims costs remained significant, including unfavorable development of prior‑year self‑insured claims and losses tied to supply‑chain fraud and theft, which management highlights as an ongoing risk area.

Rhea-AI Summary

Landstar System, Inc. reports higher first‑quarter results for the thirteen weeks ended March 28, 2026. Revenue rose to $1.17 billion, up 2% year over year, driven by higher revenue per load despite slightly fewer loads.

Operating income increased to $53.2 million from $39.4 million as gross profit margin improved to 9.6% and insurance and claims costs declined. Net income grew to $39.4 million, or $1.16 per share, compared with $29.8 million, or $0.85 per share, helped by lower depreciation, stable commissions, and disciplined cost control.

Rhea-AI Summary

Landstar System (LSTR) filed its quarterly report for the period ended September 27, 2025. Year‑to‑date revenue was $3,569.3 million versus $3,609.9 million a year ago, as lower operating profit offset stable volumes. Operating income was $122.0 million (down from $191.1 million), and net income totaled $91.1 million versus $149.8 million. Basic and diluted EPS were $2.61 compared with $4.21. For the quarter, revenue was $1,205.4 million and net income was $19.4 million.

Cash and cash equivalents were $375.2 million, with operating cash flow of $152.2 million. The company returned capital via $111.1 million of dividends year‑to‑date ($1.16 per share) and $143.9 million of share repurchases. There were 34,344,702 common shares outstanding as of October 20, 2025.

Results included non‑cash impairment charges of $30.1 million, comprising $7.53 million to goodwill and $8.61 million on assets held for sale related to Landstar Metro, $8.96 million to software (Blue TMS), and $5.00 million on a minority investment. Landstar Metro’s assets and liabilities were classified as held for sale at $13.9 million and $4.2 million, respectively. The company had no borrowings outstanding under its $300 million revolving credit facility.