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Side-by-side financial comparison of EXACT SCIENCES CORP (EXAS) 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 $878.4M, roughly 1.3× EXACT SCIENCES CORP). LANDSTAR SYSTEM INC runs the higher net margin — 3.4% vs -9.8%, a 13.2% gap on every dollar of revenue. On growth, EXACT SCIENCES CORP posted the faster year-over-year revenue change (23.1% vs 1.6%). Over the past eight quarters, EXACT SCIENCES CORP's revenue compounded faster (17.4% CAGR vs -2.2%).

Exact Sciences Corporation is an American molecular diagnostics company based in Madison, Wisconsin, specializing in the detection of early-stage cancers. The company provides products for the detection and prevention of colorectal cancer, including Cologuard, the first stool DNA test for colorectal cancer, along with additional screening and precision oncological tests for other types of cancer.

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, ...

EXAS vs LSTR — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.3× larger
LSTR
$1.2B
$878.4M
EXAS
Growing faster (revenue YoY)
EXAS
EXAS
+21.5% gap
EXAS
23.1%
1.6%
LSTR
Higher net margin
LSTR
LSTR
13.2% more per $
LSTR
3.4%
-9.8%
EXAS
Faster 2-yr revenue CAGR
EXAS
EXAS
Annualised
EXAS
17.4%
-2.2%
LSTR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EXAS
EXAS
LSTR
LSTR
Revenue
$878.4M
$1.2B
Net Profit
$-86.0M
$39.4M
Gross Margin
70.1%
9.6%
Operating Margin
-9.4%
4.5%
Net Margin
-9.8%
3.4%
Revenue YoY
23.1%
1.6%
Net Profit YoY
90.1%
32.3%
EPS (diluted)
$-0.45
$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.

Revenue
EXAS
EXAS
LSTR
LSTR
Q1 26
$1.2B
Q4 25
$878.4M
$1.2B
Q3 25
$850.7M
$1.2B
Q2 25
$811.1M
$1.2B
Q1 25
$706.8M
$1.2B
Q4 24
$713.4M
$1.2B
Q3 24
$708.7M
$1.2B
Q2 24
$699.3M
$1.2B
Net Profit
EXAS
EXAS
LSTR
LSTR
Q1 26
$39.4M
Q4 25
$-86.0M
$23.9M
Q3 25
$-19.6M
$19.4M
Q2 25
$-1.2M
$41.9M
Q1 25
$-101.2M
$29.8M
Q4 24
$-864.6M
$46.2M
Q3 24
$-38.2M
$50.0M
Q2 24
$-15.8M
$52.6M
Gross Margin
EXAS
EXAS
LSTR
LSTR
Q1 26
9.6%
Q4 25
70.1%
Q3 25
68.6%
Q2 25
69.3%
Q1 25
70.8%
Q4 24
69.0%
Q3 24
69.4%
Q2 24
69.8%
Operating Margin
EXAS
EXAS
LSTR
LSTR
Q1 26
4.5%
Q4 25
-9.4%
2.5%
Q3 25
-3.0%
2.2%
Q2 25
-0.3%
4.6%
Q1 25
-13.6%
3.4%
Q4 24
-122.8%
4.8%
Q3 24
-5.6%
5.2%
Q2 24
-3.8%
5.6%
Net Margin
EXAS
EXAS
LSTR
LSTR
Q1 26
3.4%
Q4 25
-9.8%
2.0%
Q3 25
-2.3%
1.6%
Q2 25
-0.1%
3.5%
Q1 25
-14.3%
2.6%
Q4 24
-121.2%
3.8%
Q3 24
-5.4%
4.1%
Q2 24
-2.3%
4.3%
EPS (diluted)
EXAS
EXAS
LSTR
LSTR
Q1 26
$1.16
Q4 25
$-0.45
$0.70
Q3 25
$-0.10
$0.56
Q2 25
$-0.01
$1.20
Q1 25
$-0.54
$0.85
Q4 24
$-4.69
$1.30
Q3 24
$-0.21
$1.41
Q2 24
$-0.09
$1.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXAS
EXAS
LSTR
LSTR
Cash + ST InvestmentsLiquidity on hand
$964.7M
$411.0M
Total DebtLower is stronger
$26.1M
Stockholders' EquityBook value
$2.4B
$799.0M
Total Assets
$5.9B
$1.6B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXAS
EXAS
LSTR
LSTR
Q1 26
$411.0M
Q4 25
$964.7M
$452.2M
Q3 25
$1.0B
$434.4M
Q2 25
$858.4M
$426.2M
Q1 25
$786.2M
$473.4M
Q4 24
$1.0B
$566.6M
Q3 24
$1.0B
$531.3M
Q2 24
$946.8M
$504.0M
Total Debt
EXAS
EXAS
LSTR
LSTR
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
Stockholders' Equity
EXAS
EXAS
LSTR
LSTR
Q1 26
$799.0M
Q4 25
$2.4B
$795.7M
Q3 25
$2.5B
$888.7M
Q2 25
$2.5B
$921.8M
Q1 25
$2.4B
$930.8M
Q4 24
$2.4B
$972.4M
Q3 24
$3.2B
$1.0B
Q2 24
$3.2B
$1.0B
Total Assets
EXAS
EXAS
LSTR
LSTR
Q1 26
$1.6B
Q4 25
$5.9B
$1.6B
Q3 25
$5.9B
$1.7B
Q2 25
$5.8B
$1.7B
Q1 25
$5.7B
$1.7B
Q4 24
$5.9B
$1.8B
Q3 24
$6.7B
$1.8B
Q2 24
$6.7B
$1.8B
Debt / Equity
EXAS
EXAS
LSTR
LSTR
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
EXAS
EXAS
LSTR
LSTR
Operating Cash FlowLast quarter
$151.7M
Free Cash FlowOCF − Capex
$120.4M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$356.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXAS
EXAS
LSTR
LSTR
Q1 26
Q4 25
$151.7M
$72.7M
Q3 25
$219.9M
$89.3M
Q2 25
$89.0M
$7.1M
Q1 25
$30.8M
$55.7M
Q4 24
$47.1M
$61.1M
Q3 24
$138.7M
$83.1M
Q2 24
$107.1M
$48.1M
Free Cash Flow
EXAS
EXAS
LSTR
LSTR
Q1 26
Q4 25
$120.4M
$70.5M
Q3 25
$190.0M
$86.0M
Q2 25
$46.7M
$4.7M
Q1 25
$-365.0K
$53.8M
Q4 24
$10.7M
$54.4M
Q3 24
$112.6M
$75.6M
Q2 24
$71.2M
$40.6M
FCF Margin
EXAS
EXAS
LSTR
LSTR
Q1 26
Q4 25
13.7%
6.0%
Q3 25
22.3%
7.1%
Q2 25
5.8%
0.4%
Q1 25
-0.1%
4.7%
Q4 24
1.5%
4.5%
Q3 24
15.9%
6.2%
Q2 24
10.2%
3.3%
Capex Intensity
EXAS
EXAS
LSTR
LSTR
Q1 26
Q4 25
3.6%
0.2%
Q3 25
3.5%
0.3%
Q2 25
5.2%
0.2%
Q1 25
4.4%
0.2%
Q4 24
5.1%
0.6%
Q3 24
3.7%
0.6%
Q2 24
5.1%
0.6%
Cash Conversion
EXAS
EXAS
LSTR
LSTR
Q1 26
Q4 25
3.04×
Q3 25
4.61×
Q2 25
0.17×
Q1 25
1.87×
Q4 24
1.32×
Q3 24
1.66×
Q2 24
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXAS
EXAS

Screening$695.1M79%
Precision Oncology$183.2M21%

LSTR
LSTR

Segment breakdown not available.

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