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Side-by-side financial comparison of LANDSTAR SYSTEM INC (LSTR) and Microchip Technology (MCHP). Click either name above to swap in a different company.
Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× LANDSTAR SYSTEM INC). Microchip Technology runs the higher net margin — 5.3% vs 3.4%, a 1.9% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 1.6%). Over the past eight quarters, LANDSTAR SYSTEM INC's revenue compounded faster (-2.2% CAGR vs -5.4%).
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, ...
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
LSTR vs MCHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.2B |
| Net Profit | $39.4M | $62.7M |
| Gross Margin | 9.6% | 59.6% |
| Operating Margin | 4.5% | 12.8% |
| Net Margin | 3.4% | 5.3% |
| Revenue YoY | 1.6% | 15.6% |
| Net Profit YoY | 32.3% | 217.0% |
| EPS (diluted) | $1.16 | $0.06 |
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 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $970.5M | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B |
| Q1 26 | $39.4M | — | ||
| Q4 25 | $23.9M | $62.7M | ||
| Q3 25 | $19.4M | $41.7M | ||
| Q2 25 | $41.9M | $-18.6M | ||
| Q1 25 | $29.8M | $-154.6M | ||
| Q4 24 | $46.2M | $-53.6M | ||
| Q3 24 | $50.0M | $78.4M | ||
| Q2 24 | $52.6M | $129.3M |
| Q1 26 | 9.6% | — | ||
| Q4 25 | — | 59.6% | ||
| Q3 25 | — | 55.9% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 51.6% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | — | 57.4% | ||
| Q2 24 | — | 59.4% |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 2.5% | 12.8% | ||
| Q3 25 | 2.2% | 7.8% | ||
| Q2 25 | 4.6% | 3.0% | ||
| Q1 25 | 3.4% | -10.3% | ||
| Q4 24 | 4.8% | 3.0% | ||
| Q3 24 | 5.2% | 12.6% | ||
| Q2 24 | 5.6% | 17.7% |
| Q1 26 | 3.4% | — | ||
| Q4 25 | 2.0% | 5.3% | ||
| Q3 25 | 1.6% | 3.7% | ||
| Q2 25 | 3.5% | -1.7% | ||
| Q1 25 | 2.6% | -15.9% | ||
| Q4 24 | 3.8% | -5.2% | ||
| Q3 24 | 4.1% | 6.7% | ||
| Q2 24 | 4.3% | 10.4% |
| Q1 26 | $1.16 | — | ||
| Q4 25 | $0.70 | $0.06 | ||
| Q3 25 | $0.56 | $0.03 | ||
| Q2 25 | $1.20 | $-0.09 | ||
| Q1 25 | $0.85 | $-0.29 | ||
| Q4 24 | $1.30 | $-0.10 | ||
| Q3 24 | $1.41 | $0.14 | ||
| Q2 24 | $1.48 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $411.0M | $250.7M |
| Total DebtLower is stronger | $26.1M | $5.4B |
| Stockholders' EquityBook value | $799.0M | $6.6B |
| Total Assets | $1.6B | $14.3B |
| Debt / EquityLower = less leverage | 0.03× | 0.82× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $411.0M | — | ||
| Q4 25 | $452.2M | $250.7M | ||
| Q3 25 | $434.4M | $236.8M | ||
| Q2 25 | $426.2M | $566.5M | ||
| Q1 25 | $473.4M | $771.7M | ||
| Q4 24 | $566.6M | $586.0M | ||
| Q3 24 | $531.3M | $286.1M | ||
| Q2 24 | $504.0M | $315.1M |
| Q1 26 | $26.1M | — | ||
| Q4 25 | $0 | $5.4B | ||
| Q3 25 | $0 | $5.4B | ||
| Q2 25 | $0 | $5.5B | ||
| Q1 25 | $0 | $5.6B | ||
| Q4 24 | $0 | $6.7B | ||
| Q3 24 | $0 | $6.4B | ||
| Q2 24 | $0 | $6.2B |
| Q1 26 | $799.0M | — | ||
| Q4 25 | $795.7M | $6.6B | ||
| Q3 25 | $888.7M | $6.7B | ||
| Q2 25 | $921.8M | $6.9B | ||
| Q1 25 | $930.8M | $7.1B | ||
| Q4 24 | $972.4M | $6.0B | ||
| Q3 24 | $1.0B | $6.3B | ||
| Q2 24 | $1.0B | $6.4B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $14.3B | ||
| Q3 25 | $1.7B | $14.5B | ||
| Q2 25 | $1.7B | $15.0B | ||
| Q1 25 | $1.7B | $15.4B | ||
| Q4 24 | $1.8B | $15.6B | ||
| Q3 24 | $1.8B | $15.6B | ||
| Q2 24 | $1.8B | $15.8B |
| Q1 26 | 0.03× | — | ||
| Q4 25 | 0.00× | 0.82× | ||
| Q3 25 | 0.00× | 0.80× | ||
| Q2 25 | 0.00× | 0.80× | ||
| Q1 25 | 0.00× | 0.80× | ||
| Q4 24 | 0.00× | 1.12× | ||
| Q3 24 | 0.00× | 1.02× | ||
| Q2 24 | 0.00× | 0.96× |
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 | — | $341.4M |
| Free Cash FlowOCF − Capex | — | $318.9M |
| FCF MarginFCF / Revenue | — | 26.9% |
| Capex IntensityCapex / Revenue | — | 1.9% |
| Cash ConversionOCF / Net Profit | — | 5.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $819.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $72.7M | $341.4M | ||
| Q3 25 | $89.3M | $88.1M | ||
| Q2 25 | $7.1M | $275.6M | ||
| Q1 25 | $55.7M | $205.9M | ||
| Q4 24 | $61.1M | $271.5M | ||
| Q3 24 | $83.1M | $43.6M | ||
| Q2 24 | $48.1M | $377.1M |
| Q1 26 | — | — | ||
| Q4 25 | $70.5M | $318.9M | ||
| Q3 25 | $86.0M | $51.6M | ||
| Q2 25 | $4.7M | $257.7M | ||
| Q1 25 | $53.8M | $191.7M | ||
| Q4 24 | $54.4M | $253.4M | ||
| Q3 24 | $75.6M | $22.8M | ||
| Q2 24 | $40.6M | $304.2M |
| Q1 26 | — | — | ||
| Q4 25 | 6.0% | 26.9% | ||
| Q3 25 | 7.1% | 4.5% | ||
| Q2 25 | 0.4% | 24.0% | ||
| Q1 25 | 4.7% | 19.8% | ||
| Q4 24 | 4.5% | 24.7% | ||
| Q3 24 | 6.2% | 2.0% | ||
| Q2 24 | 3.3% | 24.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 1.9% | ||
| Q3 25 | 0.3% | 3.2% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.2% | 1.5% | ||
| Q4 24 | 0.6% | 1.8% | ||
| Q3 24 | 0.6% | 1.8% | ||
| Q2 24 | 0.6% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.04× | 5.44× | ||
| Q3 25 | 4.61× | 2.11× | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 1.87× | — | ||
| Q4 24 | 1.32× | — | ||
| Q3 24 | 1.66× | 0.56× | ||
| Q2 24 | 0.91× | 2.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LSTR
Segment breakdown not available.
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
