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LANDSTAR SYSTEM INC

LANDSTAR SYSTEM INCLSTREarnings & Financial Report

Nasdaq · transport

Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, ...

NextFeb 27, 2026

LSTR Q3 2025 Key Financial Metrics

Revenue

$1.2B

Gross Profit

N/A

Operating Profit

$26.3M

Net Profit

$19.4M

Gross Margin

N/A

Operating Margin

2.2%

Net Margin

1.6%

YoY Growth

-0.7%

EPS

$0.56

Financial Flow

LANDSTAR SYSTEM INC Q3 2025 Financial Summary

LANDSTAR SYSTEM INC reported revenue of $1.2B for Q3 2025, with a net profit of $19.4M (1.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$1.2B
Net Profit$19.4M
Gross MarginN/A
Operating Margin2.2%
Report PeriodQ3 2025

LANDSTAR SYSTEM INC Annual Revenue by Year

LANDSTAR SYSTEM INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $4.8B).

YearAnnual Revenue
2024$4.8B
2022$7.4B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$1.20B$1.17B$1.23B$1.21B$1.21B$1.15B$1.21B$1.21B
YoY Growth-28.1%N/A-14.7%-5.9%0.4%-1.6%-1.1%-0.7%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.80B$1.75B$1.76B$1.76B$1.81B$1.72B$1.70B$1.66B
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$983.9M$1.02B$1.00B$1.02B$972.4M$930.8M$921.8M$888.7M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$94.2M$48.1M$83.1M$61.1M$55.7M$7.1M$89.3M