Linearized Reed-Solomon (LRS) codes form an important family of maximum sum-rank distance (MSRD) codes that generalize both Reed--Solomon codes and Gabidulin codes. In this paper we study the equivalence problem for LRS codes and determine the number of inequivalent codes within this family. Using the correspondence between sum-rank metric codes and systems of $\mathbb{F}_q$-subspaces, we analyze the stabilizer of the Gabidulin system and derive a characterization of equivalence between LRS codes. In particular, we prove that two LRS codes are equivalent if and only if the sets of norms that define the codes coincide up to multiplication by an element of $\mathbb{F}_q^\ast$. This description allows us to reduce the classification problem to the action of $\mathbb{F}_q^\ast$ on subsets of $\mathbb{F}_q^\ast$. As a consequence, we derive formulas for the number of inequivalent linearized Reed-Solomon codes and illustrate the results with explicit examples.