Landstar System, Inc.
Income Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $1.17B | $1.21B | $1.21B | $1.15B | $1.21B | $1.21B | $1.23B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $61.0M | $56.2M | $57.0M | $55.7M | $61.6M | $55.1M | $51.3M | $54.9M |
| Operating Income | $53.2M | $29.6M | $26.3M | $56.3M | $39.4M | $57.8M | $63.1M | $68.1M |
| Operating Margin | 4.5% | 2.5% | 2.2% | 4.6% | 3.4% | 4.8% | 5.2% | 5.6% |
| Interest Expense | $1.3M | $1.3M | $1.4M | $1.4M | $1.5M | $1.2M | $1.1M | $870.0K |
| Pretax Income | $52.7M | $29.3M | $26.1M | $55.6M | $39.6M | $58.7M | $64.3M | $69.7M |
| Income Tax Expense | $13.3M | $5.4M | $6.7M | $13.7M | $9.8M | $12.5M | $14.3M | $17.1M |
| Net Income | $39.4M | $23.9M | $19.4M | $41.9M | $29.8M | $46.2M | $50.0M | $52.6M |
| Net Margin | 3.4% | 2.0% | 1.6% | 3.5% | 2.6% | 3.8% | 4.1% | 4.3% |
| EPS (Basic) | $1.16 | $0.70 | $0.56 | $1.20 | $0.85 | $1.30 | $1.41 | $1.48 |
| EPS (Diluted) | $1.16 | $0.70 | $0.56 | $1.20 | $0.85 | $1.30 | $1.41 | $1.48 |
| Shares Outstanding (Basic) | 34.0M | 34.7M | 34.6M | 34.9M | 35.2M | 35.5M | 35.4M | 35.7M |
| Shares Outstanding (Diluted) | 34.0M | 34.7M | 34.6M | 34.9M | 35.2M | 35.5M | 35.4M | 35.7M |
| Dividends Per Share | $0.40 | $2.40 | $0.40 | $0.40 | $0.36 | $2.36 | $0.36 | $0.33 |