Leatt (LEAT) Gross Margin (2018 - 2026)
Leatt (LEAT) reported Gross Margin of 43.95% for Q1 2026, up 22.0% year-over-year from 36.03% in Q1 2025, and down 3.48% quarter-over-quarter from 45.54% in Q4 2025.
Leatt (LEAT) Gross Margin (2018 - 2026) Analysis & Trends
Leatt (LEAT) has 9 years of Gross Margin data on file, last reported at 43.95% in Q1 2026.
- Gross Margin for Q1 2026 came in at 43.95%, up 22.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.02% (up 215.0% YoY), and the FY2025 annual result was 43.97%, up 374.0% from the prior year.
- Gross Margin slipped to 43.95% in Q1 2026 per LEAT's latest filing, from 45.54% in the prior quarter.
- Over five years, Gross Margin peaked at 45.54% in Q4 2025 and troughed at 34.14% in Q4 2022.
- A 5-year average of 41.58% and a median of 42.61% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin slumped 758 bps in 2022, then jumped 597 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 34.14% in 2022, then advanced by 7 bps to 36.44% in 2023, then increased by 13 bps to 41.2% in 2024, then increased by 11 bps to 45.54% in 2025, then slipped by 3 bps to 43.95% in 2026.
- Business Quant data shows LEAT's Gross Margin at 43.95% in Q1 2026, 45.54% in Q4 2025, and 44.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | 59.90% |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 76.39% |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | 48.43% |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | 47.18% |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | 44.86% |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 86.56% |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | 58.40% |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 47.52% |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 84.73% |
| 10 | Leatt | - | - | 8.57 Mn | 43.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.95% |
| Dec 31, 2025 | 45.54% |
| Sep 30, 2025 | 44.03% |
| Jun 30, 2025 | 42.59% |
| Mar 31, 2025 | 43.73% |
| Dec 31, 2024 | 41.20% |
| Sep 30, 2024 | 42.59% |
| Jun 30, 2024 | 38.91% |
| Mar 31, 2024 | 37.76% |
| Dec 31, 2023 | 36.44% |
| Sep 30, 2023 | 42.62% |
| Jun 30, 2023 | 43.26% |
| Mar 31, 2023 | 44.14% |
| Dec 31, 2022 | 34.14% |
| Sep 30, 2022 | 43.58% |
| Jun 30, 2022 | 42.61% |
| Mar 31, 2022 | 39.74% |
| Dec 31, 2021 | 41.73% |
| Sep 30, 2021 | 43.12% |
| Jun 30, 2021 | 43.31% |