AI brief of an SEC Form 8-K · Landstar System (LSTR)

Landstar System Q1 EPS rises 36% to $1.16 as revenue grows 2% to $1.171 billion

Positive Impact 3 of 5 earnings Written later

Landstar System reported first-quarter 2026 revenue of $1.171 billion, up 2% from $1.153 billion a year earlier, and earnings per share of $1.16, up 36% from $0.85. The company said the prior-year quarter was reduced by about $0.10 per share from a supply chain fraud matter it had previously disclosed. For shareholders, the filing also shows continued capital return through $22.6 million of share repurchases and a declared quarterly dividend of $0.40 per share.

Key points

  • Revenue was $1.171 billion, up 1.6% from $1.153 billion; gross profit rose 14.5% to $112.5 million.
  • Net income was $39.4 million, or $1.16 per share, compared with $29.8 million, or $0.85 per share, in the first quarter of 2025.
  • Landstar repurchased 150,923 shares for $22.6 million in the quarter and declared a $0.40 quarterly dividend payable June 9, 2026.
  • The slide presentation said April 2026 truck revenue per load was about 13% above April 2025, while truck loads were approximately equal year over year.

The filing

CompanyLandstar System (LSTR)
Form8-K, current report
Filed with the SECApr 28, 2026, 4:22 PM ET
Accession number0001193125-26-187186

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.