Leslie's (LESL) Gross Margin (2019 - 2026)

Leslie's' Gross Margin history runs 8 years deep, the most recent figure standing at 28.88% for Q2 2026.

• In Q2 2026, Gross Margin rose 407.0% year-over-year to 28.88%; the TTM figure through Apr 2026 stood at 35.07% (down 6.0% YoY), while the FY2025 annual figure was 35.4%, down 44.0% from the prior year.
• Gross Margin was 28.88% for Q2 2026 at Leslie's, up from 18.4% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 45.67% in Q4 2022 to a low of 18.4% in Q1 2026.
• Historically, Gross Margin has averaged 34.51% across 5 years, with a median of 36.21% in 2022.
• Biggest YoY gain for Gross Margin was 407 bps in 2026; the steepest drop was 883 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 33.47% in 2022, then retreated by 13 bps to 28.98% in 2023, then retreated by 6 bps to 27.23% in 2024, then jumped by 42 bps to 38.56% in 2025, then fell by 25 bps to 28.88% in 2026.
• The last three Gross Margin figures came in at 28.88% (Q2 2026), 18.4% (Q1 2026), and 38.56% (Q4 2025), per Business Quant data.