Quarterly ResultApr 28, 2026, 04:07 PM
LSTR Q1 Revenue +1.6% to $1.17B; EPS +36% to $1.16
AI Summary
Landstar System reported strong financial results for the 2026 first quarter, with total revenue increasing 1.6% to $1.171 billion and basic and diluted earnings per share rising 36% to $1.16. The company also achieved a 14.5% increase in gross profit and a 6.7% increase in variable contribution, marking its first year-over-year increase in variable contribution since Q3 2022. Landstar continued its capital return strategy by purchasing $22.6 million of its common stock and declaring a quarterly dividend of $0.40 per share.
Key Highlights
- LSTR Q1 2026 revenue increased 1.6% to $1.171 billion from $1.153 billion in Q1 2025.
- Basic and diluted EPS rose 36% to $1.16 in Q1 2026 from $0.85 in Q1 2025.
- Gross profit increased 14.5% to $112.5 million in Q1 2026 from $98.3 million.
- Variable contribution grew 6.7% to $172.2 million in Q1 2026 from $161.3 million.
- Truck revenue increased 3% to $1.082 billion in Q1 2026.
- Company repurchased 150,923 shares for $22.6 million during Q1 2026.
- Board declared a quarterly dividend of $0.40 per share.