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Side-by-side financial comparison of Align Technology (ALGN) and LANDSTAR SYSTEM INC (LSTR). Click either name above to swap in a different company.
LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Align Technology). Align Technology runs the higher net margin — 13.0% vs 3.4%, a 9.6% gap on every dollar of revenue. On growth, Align Technology posted the faster year-over-year revenue change (5.3% vs 1.6%). Over the past eight quarters, Align Technology's revenue compounded faster (2.5% CAGR vs -2.2%).
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandib...
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, ...
ALGN vs LSTR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.2B |
| Net Profit | $135.8M | $39.4M |
| Gross Margin | 65.3% | 9.6% |
| Operating Margin | 14.8% | 4.5% |
| Net Margin | 13.0% | 3.4% |
| Revenue YoY | 5.3% | 1.6% |
| Net Profit YoY | 30.8% | 32.3% |
| EPS (diluted) | $1.88 | $1.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $995.7M | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $979.3M | $1.2B | ||
| Q4 24 | $995.2M | $1.2B | ||
| Q3 24 | $977.9M | $1.2B | ||
| Q2 24 | $1.0B | $1.2B |
| Q1 26 | — | $39.4M | ||
| Q4 25 | $135.8M | $23.9M | ||
| Q3 25 | $56.8M | $19.4M | ||
| Q2 25 | $124.6M | $41.9M | ||
| Q1 25 | $93.2M | $29.8M | ||
| Q4 24 | $103.8M | $46.2M | ||
| Q3 24 | $116.0M | $50.0M | ||
| Q2 24 | $96.6M | $52.6M |
| Q1 26 | — | 9.6% | ||
| Q4 25 | 65.3% | — | ||
| Q3 25 | 64.2% | — | ||
| Q2 25 | 69.9% | — | ||
| Q1 25 | 69.5% | — | ||
| Q4 24 | 70.0% | — | ||
| Q3 24 | 69.7% | — | ||
| Q2 24 | 70.3% | — |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 14.8% | 2.5% | ||
| Q3 25 | 9.7% | 2.2% | ||
| Q2 25 | 16.1% | 4.6% | ||
| Q1 25 | 13.4% | 3.4% | ||
| Q4 24 | 14.5% | 4.8% | ||
| Q3 24 | 16.6% | 5.2% | ||
| Q2 24 | 14.3% | 5.6% |
| Q1 26 | — | 3.4% | ||
| Q4 25 | 13.0% | 2.0% | ||
| Q3 25 | 5.7% | 1.6% | ||
| Q2 25 | 12.3% | 3.5% | ||
| Q1 25 | 9.5% | 2.6% | ||
| Q4 24 | 10.4% | 3.8% | ||
| Q3 24 | 11.9% | 4.1% | ||
| Q2 24 | 9.4% | 4.3% |
| Q1 26 | — | $1.16 | ||
| Q4 25 | $1.88 | $0.70 | ||
| Q3 25 | $0.78 | $0.56 | ||
| Q2 25 | $1.72 | $1.20 | ||
| Q1 25 | $1.27 | $0.85 | ||
| Q4 24 | $1.40 | $1.30 | ||
| Q3 24 | $1.55 | $1.41 | ||
| Q2 24 | $1.28 | $1.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $411.0M |
| Total DebtLower is stronger | — | $26.1M |
| Stockholders' EquityBook value | $4.0B | $799.0M |
| Total Assets | $6.2B | $1.6B |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $411.0M | ||
| Q4 25 | $1.1B | $452.2M | ||
| Q3 25 | $1.0B | $434.4M | ||
| Q2 25 | $901.2M | $426.2M | ||
| Q1 25 | $873.0M | $473.4M | ||
| Q4 24 | $1.0B | $566.6M | ||
| Q3 24 | $1.0B | $531.3M | ||
| Q2 24 | $761.4M | $504.0M |
| Q1 26 | — | $26.1M | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
| Q1 26 | — | $799.0M | ||
| Q4 25 | $4.0B | $795.7M | ||
| Q3 25 | $4.0B | $888.7M | ||
| Q2 25 | $3.9B | $921.8M | ||
| Q1 25 | $3.8B | $930.8M | ||
| Q4 24 | $3.9B | $972.4M | ||
| Q3 24 | $3.9B | $1.0B | ||
| Q2 24 | $3.8B | $1.0B |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $6.2B | $1.6B | ||
| Q3 25 | $6.2B | $1.7B | ||
| Q2 25 | $6.2B | $1.7B | ||
| Q1 25 | $6.1B | $1.7B | ||
| Q4 24 | $6.2B | $1.8B | ||
| Q3 24 | $6.4B | $1.8B | ||
| Q2 24 | $6.2B | $1.8B |
| Q1 26 | — | 0.03× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $223.2M | — |
| Free Cash FlowOCF − Capex | $187.3M | — |
| FCF MarginFCF / Revenue | 17.9% | — |
| Capex IntensityCapex / Revenue | 3.4% | — |
| Cash ConversionOCF / Net Profit | 1.64× | — |
| TTM Free Cash FlowTrailing 4 quarters | $490.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $223.2M | $72.7M | ||
| Q3 25 | $188.7M | $89.3M | ||
| Q2 25 | $128.7M | $7.1M | ||
| Q1 25 | $52.7M | $55.7M | ||
| Q4 24 | $286.1M | $61.1M | ||
| Q3 24 | $263.7M | $83.1M | ||
| Q2 24 | $159.8M | $48.1M |
| Q1 26 | — | — | ||
| Q4 25 | $187.3M | $70.5M | ||
| Q3 25 | $169.0M | $86.0M | ||
| Q2 25 | $107.2M | $4.7M | ||
| Q1 25 | $27.4M | $53.8M | ||
| Q4 24 | $263.1M | $54.4M | ||
| Q3 24 | $233.9M | $75.6M | ||
| Q2 24 | $106.4M | $40.6M |
| Q1 26 | — | — | ||
| Q4 25 | 17.9% | 6.0% | ||
| Q3 25 | 17.0% | 7.1% | ||
| Q2 25 | 10.6% | 0.4% | ||
| Q1 25 | 2.8% | 4.7% | ||
| Q4 24 | 26.4% | 4.5% | ||
| Q3 24 | 23.9% | 6.2% | ||
| Q2 24 | 10.3% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 0.2% | ||
| Q3 25 | 2.0% | 0.3% | ||
| Q2 25 | 2.1% | 0.2% | ||
| Q1 25 | 2.6% | 0.2% | ||
| Q4 24 | 2.3% | 0.6% | ||
| Q3 24 | 3.0% | 0.6% | ||
| Q2 24 | 5.2% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 3.04× | ||
| Q3 25 | 3.33× | 4.61× | ||
| Q2 25 | 1.03× | 0.17× | ||
| Q1 25 | 0.57× | 1.87× | ||
| Q4 24 | 2.76× | 1.32× | ||
| Q3 24 | 2.27× | 1.66× | ||
| Q2 24 | 1.66× | 0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGN
| Systems And Services | $789.6M | 75% |
| Other | $258.0M | 25% |
LSTR
Segment breakdown not available.
