---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-111156"
form_type: "8-K"
ticker: "LSTR"
cik: "0000853816"
company_name: "LANDSTAR SYSTEM INC"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:22:21.984085+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Landstar reports record Q1 revenue $1.97B, EPS $3.34; guides Q2 rev $2.0-2.05B

## Summary
- Record Q1 revenue $1.971B (+53% YoY); net income $124.8M (+62%); diluted EPS $3.34 (+66%).
- Gross profit record $214.6M; variable contribution record $270.5M (+43% YoY).
- Q2 guidance: revenue $2.0-2.05B, DEPS $3.22-3.32, truck loads +11-13% YoY.
- Declared quarterly dividend $0.25/share, payable May 27, 2022; record May 5, 2022.
- Repurchased ~694k shares for $109.3M; authorized ~2.3M additional shares.

## SEC filing metadata
- accession: 0001193125-22-111156
- form_type: 8-K
- ticker: LSTR
- cik: 0000853816
- company_name: LANDSTAR SYSTEM INC
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/853816/000119312522111156/0001193125-22-111156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/853816/000119312522111156/d354744d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-111156
- JSON: https://secwatch.observer/filing/0001193125-22-111156.json
- Plain text: https://secwatch.observer/filing/0001193125-22-111156.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.