Landstar revenue up 10% on tighter truck capacity; insurance costs rise on claims development

Filed July 29, 2026 · Period ending June 27, 2026 · Compared to 10-Q Jul 29, 2025 · ~2 min read

Key Changes

• high

  Revenue increased 10% to $2.60 billion in H1 FY2026, driven by an 8% increase in revenue per load and a 2% increase in load count, reflecting a tightening truck capacity environment and higher diesel fuel costs on brokerage loads.

  MD&A: Revenue Growth verify on EDGAR →
• high

  Net income rose 23% to $88.4 million ($2.60 per share) from $71.7 million ($2.05 per share) in the prior-year period, reflecting higher revenue partially offset by increased insurance and claims costs and higher incentive compensation.

  MD&A: Net Income verify on EDGAR →
• high

  Unfavorable development of prior-year claims increased from $13.6 million in H1 FY2025 to $15.4 million in H1 FY2026, reflecting ongoing difficulty in estimating the severity of commercial trucking claims and the potential for large judgments or settlements.

  MD&A: Insurance and Claims verify on EDGAR →