Leatt (LEAT) Operating Expenses (2018 - 2026)
Leatt (LEAT) posted quarterly Operating Expenses of $6.6 million for Q1 2026, up 23.29% year-over-year from $5.4 million in Q1 2025, and down 4.52% quarter-over-quarter from $6.9 million in Q4 2025.
Leatt (LEAT) Operating Expenses (2018 - 2026) Analysis & Trends
Leatt (LEAT) has reported Operating Expenses for 9 consecutive years, with $6.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 23.29% year-over-year to $6.6 million; the TTM figure through Mar 2026 stood at $24.8 million (up 15.26% YoY), while the FY2025 annual figure was $23.6 million, up 12.26% from the prior year.
- Operating Expenses fell to $6.6 million in Q1 2026 per LEAT's latest filing, from $6.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $6.9 million in Q4 2025 and bottomed at $4.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $5.2 million across 5 years, with a median of $5.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses rose 27.63% — and 2023, when it retreated 5.05%.
- Leatt's Operating Expenses stood at $5.6 million in 2022, then retreated by 0.57% to $5.5 million in 2023, then climbed by 4.04% to $5.8 million in 2024, then rose by 20.37% to $6.9 million in 2025, then decreased by 4.52% to $6.6 million in 2026.
- Business Quant data shows LEAT's Operating Expenses at $6.6 million in Q1 2026, $6.9 million in Q4 2025, and $5.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | -856.20 Mn |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 887.10 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 716.29 Mn |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 267.00 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | - |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 241.41 Mn |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 229.01 Mn |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 191.90 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 236.74 Mn |
| 10 | Leatt | 82.63 Mn | 64.37 Mn | 8.57 Mn | 6.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.63 Mn |
| Dec 31, 2025 | 6.94 Mn |
| Sep 30, 2025 | 5.74 Mn |
| Jun 30, 2025 | 5.54 Mn |
| Mar 31, 2025 | 5.38 Mn |
| Dec 31, 2024 | 5.77 Mn |
| Sep 30, 2024 | 5.27 Mn |
| Jun 30, 2024 | 5.14 Mn |
| Mar 31, 2024 | 4.84 Mn |
| Dec 31, 2023 | 5.54 Mn |
| Sep 30, 2023 | 4.50 Mn |
| Jun 30, 2023 | 4.04 Mn |
| Mar 31, 2023 | 4.40 Mn |
| Dec 31, 2022 | 5.58 Mn |
| Sep 30, 2022 | 4.74 Mn |
| Jun 30, 2022 | 3.96 Mn |
| Mar 31, 2022 | 4.08 Mn |
| Dec 31, 2021 | 4.75 Mn |
| Sep 30, 2021 | 3.83 Mn |
| Jun 30, 2021 | 3.10 Mn |