Landstar System, Inc.
Explore Landstar System
Core profile pages, annual revenue records, and related research hubs for this company.
Landstar System, Inc.
Explore Landstar System
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$4.744B
Market Cap
$7.3B
Net Income
$115M
Employees
1,378
Landstar reported FY2025 revenue of $4.744 billion, down modestly from $4.819 billion in FY2024, while net income fell to $115.0 million from $195.9 million as the freight cycle remained difficult and the company recorded impairment charges tied to Landstar Metro. The filing shows the core asset-light model clearly: truck transportation contributed 91% of consolidated revenue, with BCO independent contractors representing 38% of revenue and truck brokerage carriers representing 53%. Landstar ended FY2025 with 1,378 employees, about 960 independent commission sales agents, 70,502 available truck capacity providers, and 8,514 trucks provided by BCO independent contractors.
Revenue Trend Analysis
YoY Change
-1.6%
2-Year CAGR
-5.4%
Peak Year
2023
Trend
Declining Trend
Landstar System, Inc. has reported revenue across 3 fiscal years, compounding at -5.4% annually over 2 years. The most recent year saw a 1.6% decline versus the prior year. Revenue peaked in 2023 at $5.3B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $4.7B | $115M | -1.6% |
| FY2024 | $4.8B | $196M | -9.1% |
| FY2023 | $5.3B | $264M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Landstar System, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/landstar/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Landstar System, Inc. reported $5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/landstar/financials" target="_blank" rel="noopener">CorpDigest — Landstar System, Inc. financials</a></div>