Quarterly ResultOct 28, 2026, 02:46 PM
Landstar System Inc. Q3 2026 Revenue $4.115B; Net Income $136.4M; EPS $4.02
AI Summary
Landstar System Inc. reported strong financial results for the thirty-nine weeks ended September 26, 2026. Revenue increased to $4.115 billion from $3.569 billion in the prior year, and net income rose to $136.434 million from $91.063 million. Diluted earnings per share improved to $4.02 from $2.61 year-over-year. The company's balance sheet shows an increase in total assets to $1.808 billion, while cash and cash equivalents saw a decrease to $297.321 million. Stock-based compensation costs for the period were $8.443 million.
Key Highlights
- Landstar System Inc. reported revenue of $4.115 billion for the thirty-nine weeks ended September 26, 2026, an increase from $3.569 billion in the prior year period.
- Net income for the thirty-nine weeks ended September 26, 2026, was $136.434 million, compared to $91.063 million for the same period in 2025.
- Diluted earnings per share for the thirty-nine weeks ended September 26, 2026, were $4.02, up from $2.61 in the prior year period.
- Total assets increased to $1.808 billion as of September 26, 2026, from $1.636 billion as of December 27, 2025.
- Total current liabilities increased to $765.756 million as of September 26, 2026, from $695.840 million as of December 27, 2025.
- Cash and cash equivalents decreased to $297.321 million as of September 26, 2026, from $396.694 million as of December 27, 2025.
- The company recognized $8.443 million in stock-based compensation costs for the thirty-nine weeks ended September 26, 2026.
Price Impact
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