Landstar System (LSTR) Earnings: Q3 Fiscal 2026 Results and Next Report Date

The quarter ended September 26, 2026 and Landstar System published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Landstar's fiscal 2026 third quarter is the 13 weeks ended September 26, 2026.
• Q3 2025 EPS of $0.56 included non-cash impairment charges of $30.1 million, or $0.66 per share, from a strategic review of operations.
• Q3 2026 insurance and claims costs were $55.3 million, including about $13.0 million ($0.29 per share) of adverse actuarial adjustments to reserves and $8.0 million ($0.18 per share) of prior year claim development.

Source: Landstar System Q3 2026 results, October 27, 2026. Also in the Form 10-Q for the quarter ended September 26, 2026. Figures as reported; checked against the release on November 10, 2026.

How Landstar System splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• Landstar System's Transportation logistics revenue was $1.5 billion in Q3 fiscal 2026, up 26% from $1.2 billion in Q3 fiscal 2025, 99% of total revenue.
• Landstar System's Insurance revenue was $14.7 million in Q3 fiscal 2026, up 1% from $14.6 million in Q3 fiscal 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Revenue and basic and diluted EPS, each as first reported in that quarter's release. Landstar reports one EPS figure and no adjusted EPS.

Landstar System's next report is scheduled for January 27, 2027. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Oct 27, 2026

Landstar System's revenue was $1,511.8 million in Q3 fiscal 2026, up 25.4% from $1,205.4 million. Truck transportation was $1,407 million of it, up 29%: truck revenue per load rose about 25% and the number of truck loads about 3%. (Landstar Q3 2026 release, Oct 27, 2026)

Landstar describes itself as an asset-light freight transportation and logistics provider. Shipments are sold by a network of about 980 independent commission sales agents and hauled mostly by third parties: Business Capacity Owners (BCOs), independent contractors who lease their trucks to Landstar exclusively, carried 39% of Q3 revenue and truck brokerage carriers 54%. (Landstar Form 10-Q, Q3 2026, Oct 28, 2026; Landstar Q3 2026 release, Oct 27, 2026)

By equipment, van truckload revenue was $760 million against $583 million, with revenue per load up to $2,577 from $2,099, and unsided/platform revenue was $519 million against $386 million, with revenue per load up to $4,039 from $3,132. Rail, air and ocean cargo carriers brought in $83 million, or 5% of revenue, down from $96 million. (Landstar Q3 2026 release, Oct 27, 2026)

By industry, Landstar's slides show consumer durables at 29.2% of Q3 revenue, machinery at 15.3%, building products at 9.1% and electrical at 8.8%. No customer accounted for more than 8% of 2025 revenue, but two agents each generated over 10%, together about 21% of 2025 revenue. (Landstar Q3 2026 earnings call slides, Oct 27, 2026; Landstar Form 10-K, fiscal 2025, Feb 24, 2026)

Landstar System reports a single basic and diluted EPS figure with no adjusted measure. Q3 fiscal 2026 EPS was $1.42, up 154% from $0.56. The year-ago quarter carried $30.1 million, or $0.66 per share, of non-cash impairment charges from a strategic review of operations. (Landstar Q3 2026 release, Oct 27, 2026)

Insurance and claims costs held back the result. They rose to $55.3 million from $33.0 million and included about $13.0 million, or $0.29 per share, of adverse actuarial adjustments to insurance and claim reserves and $8.0 million, or $0.18 per share, from settling a 2024 brokered truck accident claim and a 2025 BCO accident. (Landstar Q3 2026 release, Oct 27, 2026)

Average shares outstanding were 33,871,000 against 34,581,000. Landstar bought 232,645 shares for $41.4 million in Q3 and declared a $0.44 quarterly dividend. The effective income tax rate for the first 39 weeks of 2026 was 25.6%. (Landstar Q3 2026 release, Oct 27, 2026; Landstar Form 10-Q, Q3 2026, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Landstar System does not publish a revenue or EPS outlook in its Q3 fiscal 2026 release or in the slide presentation it filed with it. (Landstar Q3 2026 release, Oct 27, 2026; Landstar Q3 2026 earnings call slides, Oct 27, 2026)

The 10-Q gives one forward figure: Landstar expects to acquire about $79,000,000 of operating property, mainly new trailing equipment, by purchase or lease financing over the rest of fiscal 2026. (Landstar Form 10-Q, Q3 2026, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Landstar System, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Landstar System's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning LSTR is on is LSTR a buy or a sell?, what analysts expect next is on the LSTR forecast, and what the company does is on the Landstar System (LSTR) stock page.

Every number on this page can be traced to a document Landstar System published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.