Landstar System Q3 revenue rises 25% to $1.512 billion; EPS $1.42 vs. $0.56
Landstar System reported third-quarter 2026 revenue of $1.512 billion, up 25% from a year earlier, and earnings of $1.42 per share, up from $0.56. The prior-year figure included a $0.66 per share non-cash impairment charge, and the company said insurance and claim costs rose sharply in the quarter, to $55.3 million from $33.0 million. The company also declared a quarterly dividend of $0.44 per share.
Key points
- Revenue was $1.512 billion, up 25%, with truck revenue up 29% to $1.407 billion.
- EPS was $1.42 versus $0.56 a year earlier; the 2025 quarter included a $0.66 per share impairment charge.
- Insurance and claims costs were $55.3 million, up from $33.0 million, including about $13.0 million of adverse reserve adjustments.
- Quarterly dividend of $0.44 per share is payable December 8, 2026, to holders of record on November 17, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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