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

LANDSTAR SYSTEM INC is the larger business by last-quarter revenue ($1.2B vs $993.0M, roughly 1.2× Qorvo, Inc.). Qorvo, Inc. runs the higher net margin — 16.5% vs 3.4%, a 13.2% gap on every dollar of revenue. On growth, Qorvo, Inc. posted the faster year-over-year revenue change (8.4% vs 1.6%). Over the past eight quarters, Qorvo, Inc.'s revenue compounded faster (2.7% 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, ...

Qorvo, Inc. is an American multinational company specializing in products for wireless, wired, and power markets. The company was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. It trades on Nasdaq under the ticker symbol QRVO. The headquarters for the company originally were in both Hillsboro, Oregon, and Greensboro, North Carolina, but in mid-2016 the company began referring to its North Carolina site as its...

LSTR vs QRVO — Head-to-Head

Bigger by revenue
LSTR
LSTR
1.2× larger
LSTR
$1.2B
$993.0M
QRVO
Growing faster (revenue YoY)
QRVO
QRVO
+6.7% gap
QRVO
8.4%
1.6%
LSTR
Higher net margin
QRVO
QRVO
13.2% more per $
QRVO
16.5%
3.4%
LSTR
Faster 2-yr revenue CAGR
QRVO
QRVO
Annualised
QRVO
2.7%
-2.2%
LSTR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
LSTR
LSTR
QRVO
QRVO
Revenue
$1.2B
$993.0M
Net Profit
$39.4M
$164.1M
Gross Margin
9.6%
46.7%
Operating Margin
4.5%
19.4%
Net Margin
3.4%
16.5%
Revenue YoY
1.6%
8.4%
Net Profit YoY
32.3%
297.5%
EPS (diluted)
$1.16
$1.75

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
QRVO
QRVO
Q1 26
$1.2B
Q4 25
$1.2B
$993.0M
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$818.8M
Q1 25
$1.2B
$869.5M
Q4 24
$1.2B
$916.3M
Q3 24
$1.2B
$1.0B
Q2 24
$1.2B
$886.7M
Net Profit
LSTR
LSTR
QRVO
QRVO
Q1 26
$39.4M
Q4 25
$23.9M
$164.1M
Q3 25
$19.4M
$119.6M
Q2 25
$41.9M
$25.6M
Q1 25
$29.8M
$31.4M
Q4 24
$46.2M
$41.3M
Q3 24
$50.0M
$-17.4M
Q2 24
$52.6M
$414.0K
Gross Margin
LSTR
LSTR
QRVO
QRVO
Q1 26
9.6%
Q4 25
46.7%
Q3 25
47.0%
Q2 25
40.5%
Q1 25
42.2%
Q4 24
42.7%
Q3 24
42.6%
Q2 24
37.5%
Operating Margin
LSTR
LSTR
QRVO
QRVO
Q1 26
4.5%
Q4 25
2.5%
19.4%
Q3 25
2.2%
14.9%
Q2 25
4.6%
3.7%
Q1 25
3.4%
3.2%
Q4 24
4.8%
5.8%
Q3 24
5.2%
0.9%
Q2 24
5.6%
0.5%
Net Margin
LSTR
LSTR
QRVO
QRVO
Q1 26
3.4%
Q4 25
2.0%
16.5%
Q3 25
1.6%
11.3%
Q2 25
3.5%
3.1%
Q1 25
2.6%
3.6%
Q4 24
3.8%
4.5%
Q3 24
4.1%
-1.7%
Q2 24
4.3%
0.0%
EPS (diluted)
LSTR
LSTR
QRVO
QRVO
Q1 26
$1.16
Q4 25
$0.70
$1.75
Q3 25
$0.56
$1.28
Q2 25
$1.20
$0.27
Q1 25
$0.85
$0.33
Q4 24
$1.30
$0.43
Q3 24
$1.41
$-0.18
Q2 24
$1.48
$0.00

Balance Sheet & Financial Strength

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

Metric
LSTR
LSTR
QRVO
QRVO
Cash + ST InvestmentsLiquidity on hand
$411.0M
$1.3B
Total DebtLower is stronger
$26.1M
$1.5B
Stockholders' EquityBook value
$799.0M
$3.7B
Total Assets
$1.6B
$6.2B
Debt / EquityLower = less leverage
0.03×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSTR
LSTR
QRVO
QRVO
Q1 26
$411.0M
Q4 25
$452.2M
$1.3B
Q3 25
$434.4M
$1.1B
Q2 25
$426.2M
$1.2B
Q1 25
$473.4M
$1.0B
Q4 24
$566.6M
$769.4M
Q3 24
$531.3M
$1.1B
Q2 24
$504.0M
$1.1B
Total Debt
LSTR
LSTR
QRVO
QRVO
Q1 26
$26.1M
Q4 25
$0
$1.5B
Q3 25
$0
$1.5B
Q2 25
$0
$1.5B
Q1 25
$0
$1.5B
Q4 24
$0
$1.5B
Q3 24
$0
$1.5B
Q2 24
$0
$1.5B
Stockholders' Equity
LSTR
LSTR
QRVO
QRVO
Q1 26
$799.0M
Q4 25
$795.7M
$3.7B
Q3 25
$888.7M
$3.5B
Q2 25
$921.8M
$3.4B
Q1 25
$930.8M
$3.4B
Q4 24
$972.4M
$3.4B
Q3 24
$1.0B
$3.4B
Q2 24
$1.0B
$3.5B
Total Assets
LSTR
LSTR
QRVO
QRVO
Q1 26
$1.6B
Q4 25
$1.6B
$6.2B
Q3 25
$1.7B
$6.1B
Q2 25
$1.7B
$6.0B
Q1 25
$1.7B
$5.9B
Q4 24
$1.8B
$6.0B
Q3 24
$1.8B
$6.5B
Q2 24
$1.8B
$6.4B
Debt / Equity
LSTR
LSTR
QRVO
QRVO
Q1 26
0.03×
Q4 25
0.00×
0.42×
Q3 25
0.00×
0.44×
Q2 25
0.00×
0.45×
Q1 25
0.00×
0.46×
Q4 24
0.00×
0.46×
Q3 24
0.00×
0.45×
Q2 24
0.00×
0.44×

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
QRVO
QRVO
Operating Cash FlowLast quarter
$265.4M
Free Cash FlowOCF − Capex
$236.9M
FCF MarginFCF / Revenue
23.9%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$595.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSTR
LSTR
QRVO
QRVO
Q1 26
Q4 25
$72.7M
$265.4M
Q3 25
$89.3M
$84.0M
Q2 25
$7.1M
$182.9M
Q1 25
$55.7M
$199.2M
Q4 24
$61.1M
$214.1M
Q3 24
$83.1M
$127.8M
Q2 24
$48.1M
$81.1M
Free Cash Flow
LSTR
LSTR
QRVO
QRVO
Q1 26
Q4 25
$70.5M
$236.9M
Q3 25
$86.0M
$42.2M
Q2 25
$4.7M
$145.4M
Q1 25
$53.8M
$170.7M
Q4 24
$54.4M
$176.2M
Q3 24
$75.6M
$94.8M
Q2 24
$40.6M
$42.9M
FCF Margin
LSTR
LSTR
QRVO
QRVO
Q1 26
Q4 25
6.0%
23.9%
Q3 25
7.1%
4.0%
Q2 25
0.4%
17.8%
Q1 25
4.7%
19.6%
Q4 24
4.5%
19.2%
Q3 24
6.2%
9.1%
Q2 24
3.3%
4.8%
Capex Intensity
LSTR
LSTR
QRVO
QRVO
Q1 26
Q4 25
0.2%
2.9%
Q3 25
0.3%
3.9%
Q2 25
0.2%
4.6%
Q1 25
0.2%
3.3%
Q4 24
0.6%
4.1%
Q3 24
0.6%
3.2%
Q2 24
0.6%
4.3%
Cash Conversion
LSTR
LSTR
QRVO
QRVO
Q1 26
Q4 25
3.04×
1.62×
Q3 25
4.61×
0.70×
Q2 25
0.17×
7.15×
Q1 25
1.87×
6.35×
Q4 24
1.32×
5.19×
Q3 24
1.66×
Q2 24
0.91×
195.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSTR
LSTR

Segment breakdown not available.

QRVO
QRVO

ACG$690.8M70%
HPA$190.9M19%
CSG$111.3M11%

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