← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
LANDSTAR SYSTEM INC: Revenue declined 1.6% to $4.744B from $4.819B. Net income declined 41.3% to $115.007M from $195.946M. Free cash flow declined 15.9% to $215.002M from $255.563M. Operating margin contracted 196 bps to 3.20%. LANDSTAR SYSTEM INC's annual comparison also shows stock compensation grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 1.6%Watch
- Profitability — Net income declined 41.3% to $115.007M from $195.946MWatch
- Cash flow — Free cash flow declined 15.9% to $215.002M from $255.563MWatch
- Margins — Operating margin contracted 196 bps to 3.20%Watch
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 2 salesNote
Business
The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to comprehensive third party logistics solutions to meet all of a customer's transportation needs.
Where the revenue comes from
Fiscal 2025, as LANDSTAR SYSTEM INC reports it. History and quarterly detail are in the app.
- Transportation Logistics$4.7B
- Insurance$58.6M
Leadership changes
From LANDSTAR SYSTEM INC's own filings, the day they're filed.
- Vallie S. Dugas · President · departureeff. 2026-05-08
- Frank A. Lonegro · Chief Executive Officer · departureeff. 2024-02-02
- Nasdaq Rules · appointment
Latest filings
- 10-Q · Quarterly report2026-07-29
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-07-06
- 8-K · Company announcement2026-05-06
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about LANDSTAR SYSTEM INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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