Landstar System(US:LSTR)2022-07-21 14:18Financial Performance - Second Quarter 2022 revenue reached $1975064000, a 257% increase compared to $1570718000 in the second quarter of 2021[19, 20] - Year-to-date revenue as of June 25, 2022, was $3945663000, a 380% increase compared to $2858252000 for the same period in 2021[14, 18] - Second Quarter 2022 gross profit was $208080000, compared to $174844000 in the second quarter of 2021, with gross profit margin at 105% and 111% respectively[29] - Year-to-date gross profit was $422646000, compared to $321975000 for the same period in 2021, with gross profit margin at 107% and 113% respectively[28] - Second Quarter 2022 variable contribution was $267520000, compared to $220784000 in the second quarter of 2021, with variable contribution margin at 135% and 141% respectively[32] - Year-to-date variable contribution was $538011000, compared to $410024000 for the same period in 2021, with variable contribution margin at 136% and 143% respectively[31] - Second Quarter 2022 operating income was $150418000, compared to $122248000 in the second quarter of 2021[40] - Year-to-date operating income was $313251000, compared to $225516000 for the same period in 2021[38] Operational Data - The company had approximately 1200 agents, over 25000 customers, and over 111000 capacity providers as of June 25, 2022[14] - Total available truck capacity providers reached 111126 as of June 25, 2022[44]