Leslie's LESL
NASDAQ LESL
$0.50 -0.04 (-7.15%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Leslie's (LESL) posted Gross Margin of 36.45% for Q3 2026, up 26.23% on a QoQ basis from 28.88% in Q2 2026, and down 310.0% year-over-year from 17.36% in Q3 2025.

Analysis

Leslie's (LESL) Gross Margin (2019 - 2026) Analysis & Trends

Leslie's has reported Gross Margin for 8 years, with the latest figure at 36.45% in Q3 2026.

  • On a quarterly basis, Gross Margin fell 310.0% year-over-year to 36.45% in Q3 2026; TTM through Jul 2026 was 33.71%, a 90.0% decrease from a year earlier, with the FY2025 full-year figure at 35.4%, down 44.0% from the prior year.
  • Gross Margin was 36.45% for Q3 2026 at Leslie's, up from 28.88% in the prior quarter.
  • The five-year high for Gross Margin was 45.67% in Q4 2022, with the low at 18.4% in Q1 2026.
  • Average Gross Margin over 5 years is 34.61%, with a median of 36.42% recorded in 2022.
  • The largest YoY upside for Gross Margin was 407 bps in 2026 against a maximum downside of 883 bps in 2026.
  • Over 5 years, Gross Margin stood at 33.47% in 2022, then decreased by 13 bps to 28.98% in 2023, then decreased by 6 bps to 27.23% in 2024, then surged by 42 bps to 38.56% in 2025, then declined by 5 bps to 36.45% in 2026.
  • The last three Gross Margin figures came in at 36.45% (Q3 2026), 28.88% (Q2 2026), and 18.4% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Ulta Beauty 23.29 Bn 23.08 Bn 1.19 Bn 39.10%
2 Best Buy 18.60 Bn 16.35 Bn 2.34 Bn 23.91%
3 Dick'S Sporting Goods 11.90 Bn 10.99 Bn 1.94 Bn 34.78%
4 Signet Jewelers 4.10 Bn 3.50 Bn 556.50 Mn 35.82%
5 Academy Sports & Outdoors 3.27 Bn 2.93 Bn 479.35 Mn 33.24%
6 National Vision Holdings 1.36 Bn 1.32 Bn 290.43 Mn 58.23%
7 Gold.com 1.36 Bn 778.11 Mn 176.58 Mn 1.71%
8 GameStop 1.27 Bn -7.10 Bn 340.30 Mn 40.74%
9 Winmark 1.11 Bn 1.09 Bn 21.15 Mn 96.27%
10 Leslie's 4.75 Mn -41.16 Mn 167.13 Mn 36.45%
Historic Data

Historic Data

Download Data
DateValue
Jul 4, 2026 36.45%
Apr 4, 2026 28.88%
Jan 3, 2026 18.40%
Oct 4, 2025 38.56%
Jun 28, 2025 39.55%
Mar 29, 2025 24.81%
Dec 28, 2024 27.23%
Sep 28, 2024 36.00%
Jun 29, 2024 40.17%
Mar 30, 2024 28.80%
Dec 30, 2023 28.98%
Sep 30, 2023 37.04%
Jul 1, 2023 41.19%
Apr 1, 2023 33.44%
Dec 31, 2022 33.47%
Oct 1, 2022 45.67%
Jul 2, 2022 45.07%
Apr 2, 2022 37.54%
Jan 1, 2022 36.42%
Oct 2, 2021 45.99%