Filing Flows › Landstar System (LSTR) › Q3 2026 › vs Q2 2026
Landstar System (LSTR) Q3 2026 vs Q2 2026 (quarter over quarter)
Landstar System's revenue rose $79.5M (+6%) from $1.4B in Q2 2026 to $1.5B in Q3 2026. The biggest changes: Transportation Logistics +$79.3M (+6%); Insurance +$230K (+2%). Operating margin 4.3% against 4.6% (-0.3 pts).
Landstar System, Q3 2026: revenue $1.5B (+25% year over year), operating margin 4.3%, net earnings $48.0M, operating cash flow $70.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 4.3% | 4.6% | -0.3 pts |
| Net margin | 3.2% | 3.4% | -0.2 pts |
| Free cash flow margin | 4.5% | -3.7% | +8.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Transportation Logistics | $1.5B | $1.4B | $79.3M | +6% |
| Insurance | $14.7M | $14.5M | $230K | +2% |
| Revenue | $1.5B | $1.4B | $79.5M | +6% |
| Operating profit | $65.5M | $66.2M | −$688K | -1% |
| Costs & expenses | $1.4B | $1.4B | $80.2M | +6% |
| Pre-tax earnings | $65.2M | $65.4M | −$238K | -0.4% |
| SG&A | $62.4M | $68.2M | −$5.8M | -9% |
| Other operating costs | $1.4B | $1.3B | $86.0M | +7% |
| Net earnings | $48.0M | $49.0M | −$908K | -2% |
| Income tax | $17.1M | $16.5M | $670K | +4% |
| Depreciation & amortization | $9.9M | $10.4M | −$491K | -5% |
| Share-based compensation | $3.0M | $2.9M | $90K | +3% |
| Working capital & other | $9.9M | −$113M | $123M | — |
| Operating cash flow | $70.9M | −$50.4M | $121M | — |
| Free cash flow (OCF − capex) | $68.0M | −$53.3M | $121M | — |
| Capital expenditures | $2.9M | $2.9M | −$4K | -0.1% |
Questions
How much did Landstar System's revenue grow quarter over quarter in Q3 2026?
Landstar System's revenue rose $79.5M (+6%) from $1.4B in Q2 2026 to $1.5B in Q3 2026.
What drove Landstar System's revenue change in Q3 2026?
Transportation Logistics +$79.3M (+6%); Insurance +$230K (+2%).