---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-118369"
form_type: "8-K"
ticker: "LSTR"
cik: "0000853816"
company_name: "LANDSTAR SYSTEM INC"
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T19:38:01.765733+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Landstar Q1 EPS $0.85 vs $1.32 YoY; revenue $1.153B; fraud charge $0.10; dividend raised 11% to $0.40

## Summary
- EPS of $0.85 (GAAP) in Q1 2025, down from $1.32 in Q1 2024; adjusted EPS prior to fraud charge $0.95.
- Revenue $1.153B, slightly down 1.5% YoY from $1.171B; truck loads down 1.2%.
- Includes $4.8M pre-tax charge ($0.10 per share) for supply chain fraud in international forwarding; insurance costs elevated at 9.3% of BCO revenue.
- Board declared quarterly dividend $0.40, up 11% from $0.36; payable June 24 to holders of record June 5.
- Operating income $39.4M vs $60.0M YoY; gross profit $98M vs $114M.

## SEC filing metadata
- accession: 0001193125-25-118369
- form_type: 8-K
- ticker: LSTR
- cik: 0000853816
- company_name: LANDSTAR SYSTEM INC
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/853816/000119312525118369/0001193125-25-118369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/853816/000119312525118369/d946662d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-118369
- JSON: https://secwatch.observer/filing/0001193125-25-118369.json
- Plain text: https://secwatch.observer/filing/0001193125-25-118369.txt

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