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Side-by-side financial comparison of LANDSTAR SYSTEM INC (LSTR) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $909.4M, roughly 1.3× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 3.4%, a 11.1% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 1.6%). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs -2.2%).

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, ...

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

LSTR vs NXT — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.3× larger
LSTR
$1.2B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+32.2% gap
NXT
33.9%
1.6%
LSTR
Higher net margin
NXT
NXT
11.1% more per $
NXT
14.4%
3.4%
LSTR
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
-2.2%
LSTR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
LSTR
LSTR
NXT
NXT
Revenue
$1.2B
$909.4M
Net Profit
$39.4M
$131.2M
Gross Margin
9.6%
31.7%
Operating Margin
4.5%
19.4%
Net Margin
3.4%
14.4%
Revenue YoY
1.6%
33.9%
Net Profit YoY
32.3%
13.8%
EPS (diluted)
$1.16
$0.85

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
LSTR
LSTR
NXT
NXT
Q1 26
$1.2B
Q4 25
$1.2B
$909.4M
Q3 25
$1.2B
$905.3M
Q2 25
$1.2B
$864.3M
Q1 25
$1.2B
$924.3M
Q4 24
$1.2B
$679.4M
Q3 24
$1.2B
$635.6M
Q2 24
$1.2B
$719.9M
Net Profit
LSTR
LSTR
NXT
NXT
Q1 26
$39.4M
Q4 25
$23.9M
$131.2M
Q3 25
$19.4M
$146.9M
Q2 25
$41.9M
$157.2M
Q1 25
$29.8M
$156.8M
Q4 24
$46.2M
$115.3M
Q3 24
$50.0M
$115.4M
Q2 24
$52.6M
$121.7M
Gross Margin
LSTR
LSTR
NXT
NXT
Q1 26
9.6%
Q4 25
31.7%
Q3 25
32.4%
Q2 25
32.6%
Q1 25
33.1%
Q4 24
35.5%
Q3 24
35.4%
Q2 24
33.0%
Operating Margin
LSTR
LSTR
NXT
NXT
Q1 26
4.5%
Q4 25
2.5%
19.4%
Q3 25
2.2%
20.0%
Q2 25
4.6%
21.5%
Q1 25
3.4%
21.1%
Q4 24
4.8%
22.1%
Q3 24
5.2%
21.0%
Q2 24
5.6%
22.2%
Net Margin
LSTR
LSTR
NXT
NXT
Q1 26
3.4%
Q4 25
2.0%
14.4%
Q3 25
1.6%
16.2%
Q2 25
3.5%
18.2%
Q1 25
2.6%
17.0%
Q4 24
3.8%
17.0%
Q3 24
4.1%
18.2%
Q2 24
4.3%
16.9%
EPS (diluted)
LSTR
LSTR
NXT
NXT
Q1 26
$1.16
Q4 25
$0.70
$0.85
Q3 25
$0.56
$0.97
Q2 25
$1.20
$1.04
Q1 25
$0.85
$1.05
Q4 24
$1.30
$0.79
Q3 24
$1.41
$0.79
Q2 24
$1.48
$0.84

Balance Sheet & Financial Strength

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

Metric
LSTR
LSTR
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$411.0M
$952.6M
Total DebtLower is stronger
$26.1M
Stockholders' EquityBook value
$799.0M
$2.2B
Total Assets
$1.6B
$3.8B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSTR
LSTR
NXT
NXT
Q1 26
$411.0M
Q4 25
$452.2M
$952.6M
Q3 25
$434.4M
$845.3M
Q2 25
$426.2M
$743.4M
Q1 25
$473.4M
$766.1M
Q4 24
$566.6M
$693.5M
Q3 24
$531.3M
$561.9M
Q2 24
$504.0M
$471.9M
Total Debt
LSTR
LSTR
NXT
NXT
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
LSTR
LSTR
NXT
NXT
Q1 26
$799.0M
Q4 25
$795.7M
$2.2B
Q3 25
$888.7M
$2.0B
Q2 25
$921.8M
$1.8B
Q1 25
$930.8M
$1.6B
Q4 24
$972.4M
$1.4B
Q3 24
$1.0B
$1.3B
Q2 24
$1.0B
$1.1B
Total Assets
LSTR
LSTR
NXT
NXT
Q1 26
$1.6B
Q4 25
$1.6B
$3.8B
Q3 25
$1.7B
$3.7B
Q2 25
$1.7B
$3.4B
Q1 25
$1.7B
$3.2B
Q4 24
$1.8B
$3.0B
Q3 24
$1.8B
$2.8B
Q2 24
$1.8B
$2.6B
Debt / Equity
LSTR
LSTR
NXT
NXT
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
LSTR
LSTR
NXT
NXT
Operating Cash FlowLast quarter
$123.3M
Free Cash FlowOCF − Capex
$118.5M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSTR
LSTR
NXT
NXT
Q1 26
Q4 25
$72.7M
$123.3M
Q3 25
$89.3M
$186.9M
Q2 25
$7.1M
$81.3M
Q1 25
$55.7M
$237.3M
Q4 24
$61.1M
$143.8M
Q3 24
$83.1M
$153.8M
Q2 24
$48.1M
$120.8M
Free Cash Flow
LSTR
LSTR
NXT
NXT
Q1 26
Q4 25
$70.5M
$118.5M
Q3 25
$86.0M
$171.4M
Q2 25
$4.7M
$70.1M
Q1 25
$53.8M
$227.2M
Q4 24
$54.4M
$134.9M
Q3 24
$75.6M
$141.8M
Q2 24
$40.6M
$118.0M
FCF Margin
LSTR
LSTR
NXT
NXT
Q1 26
Q4 25
6.0%
13.0%
Q3 25
7.1%
18.9%
Q2 25
0.4%
8.1%
Q1 25
4.7%
24.6%
Q4 24
4.5%
19.9%
Q3 24
6.2%
22.3%
Q2 24
3.3%
16.4%
Capex Intensity
LSTR
LSTR
NXT
NXT
Q1 26
Q4 25
0.2%
0.5%
Q3 25
0.3%
1.7%
Q2 25
0.2%
1.3%
Q1 25
0.2%
1.1%
Q4 24
0.6%
1.3%
Q3 24
0.6%
1.9%
Q2 24
0.6%
0.4%
Cash Conversion
LSTR
LSTR
NXT
NXT
Q1 26
Q4 25
3.04×
0.94×
Q3 25
4.61×
1.27×
Q2 25
0.17×
0.52×
Q1 25
1.87×
1.51×
Q4 24
1.32×
1.25×
Q3 24
1.66×
1.33×
Q2 24
0.91×
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSTR
LSTR

Segment breakdown not available.

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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