Landstar System financials
$168.42+1.82%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 27 | Q1 '26 Mar 28 | Q4 '25 Dec 27 | Q3 '25 Sep 27 | Q2 '25 Jun 28 | Q1 '25 Mar 29 | Q4 '24 Dec 28 | Q3 '24 Sep 28 | Q2 '24 Jun 29 | Q1 '24 Mar 30 | Q4 '23 Dec 30 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.17B | $1.17B | $1.21B | $1.21B | $1.15B | $1.21B | $1.21B | $1.23B | $1.17B | $1.20B | $1.29B |
| Gross profit | $308.9M | $264.3M | $261.9M | $268.9M | $270.0M | $254.6M | $263.5M | $270.1M | $1.23B | $1.17B | $1.20B | $1.29B |
| Gross margin | 21.6% | 22.6% | 22.3% | 22.3% | 22.3% | 22.1% | 21.8% | 22.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $63.5M | $50.3M | $26.5M | $23.0M | $52.6M | $35.8M | $53.9M | $59.2M | $64.4M | $56.5M | $71.3M | $77.3M |
| Net income | $49.0M | $39.4M | $23.9M | $19.4M | $41.9M | $29.8M | $46.2M | $50.0M | $52.6M | $47.1M | $58.0M | $61.7M |
| Net margin | 3.4% | 3.4% | 2.0% | 1.6% | 3.5% | 2.6% | 3.8% | 4.1% | 4.3% | 4.0% | 4.8% | 4.8% |
| Diluted EPS | $1.44 | $1.16 | $0.70 | $0.56 | $1.20 | $0.85 | $1.31 | $1.41 | $1.48 | $1.32 | $1.62 | $1.71 |
| EBITDA | $73.9M | $60.8M | $39.1M | $64.6M | $64.7M | $48.0M | $66.7M | $74.6M | $78.9M | $70.7M | $71.3M | $91.7M |
| Operating cash flow | -$50.4M | $78.2M | $72.7M | $89.3M | $7.1M | $55.7M | $61.1M | $83.1M | $48.1M | $94.2M | $89.9M | $112.1M |
| Free cash flow | -$53.3M | $72.4M | $70.5M | $86.0M | $4.7M | $53.8M | $54.4M | $75.6M | $40.6M | $84.9M | $79.6M | $109.3M |
| Diluted shares | 33.9M | 34.0M | 34.2M | 34.6M | 34.9M | 35.2M | 35.3M | 35.4M | 35.7M | 35.8M | 35.8M | 36.0M |
Balance sheet
| Period end | Jun 27 | Mar 28 | Dec 27 | Sep 27 | Jun 28 | Mar 29 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $294.4M | $353.3M | $396.7M | $375.2M | $359.2M | $417.4M |
| Short-term investments | $53.4M | $57.7M | $55.5M | $59.2M | $66.9M | $56.0M |
| Total debt | $138.6M | $123.7M | $133.5M | $125.1M | $143.6M | $153.3M |
| Total assets | $1.74B | $1.60B | $1.64B | $1.66B | $1.70B | $1.72B |
| Total liabilities | $905.8M | $803.2M | $840.3M | $773.5M | $777.8M | $785.4M |
| Shareholders' equity | $836.7M | $799.0M | $795.7M | $888.7M | $921.8M | $930.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology