Filing Flows › Landstar System (LSTR) › How it makes money
How Landstar System (LSTR) makes money
Landstar System (LSTR) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Transportation Logistics brought in $1.5B (99%); Insurance brought in $14.7M (1%). Of every dollar of revenue, 4¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Transportation Logistics | $1.5B | 99.0% | +6% | +26% |
| Insurance | $14.7M | 1.0% | +2% | +0.9% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100.0% |
| Operating profit | $65.5M | 4.3% |
| Income tax | $17.1M | 1.1% |
| Net earnings | $48.0M | 3.2% |
| Operating cash flow | $70.9M | 4.7% |
| Free cash flow | $68.0M | 4.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.5B | +25% |
| Q2 2026 | $1.4B | +18% |
| Q1 2026 | $1.2B | +2% |
| Q4 2025 | $1.2B | -3% |
| Q3 2025 | $1.2B | -0.7% |
| Q2 2025 | $1.2B | -1% |
| Q1 2025 | $1.2B | -2% |
From Landstar System's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Landstar System make money?
Landstar System (LSTR) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Transportation Logistics brought in $1.5B (99%); Insurance brought in $14.7M (1%). Of every dollar of revenue, 4¢ was left as operating profit, 3¢ was left as net earnings.
What is Landstar System's biggest business?
Transportation Logistics: $1.5B in the third quarter 2026, 99% of revenue, +26% from a year earlier.
What is Landstar System's profit margin?
Net earnings were $48.0M, 3.2% of revenue, in the third quarter 2026; the operating margin was 4.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.