Levi Strauss (LEVI) Operating Expenses (2010 - 2026)
Levi Strauss posted quarterly Operating Expenses of $879.6 million for Q1 2026, up 16.35% year-on-year from $756.0 million in Q1 2025, and up 2.02% on a QoQ basis from $862.2 million in Q4 2025.
Levi Strauss (LEVI) has 17 years of Operating Expenses data on file, last reported at $879.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 16.35% year-over-year to $879.6 million; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (up 4.86% YoY), and the FY2025 full-year result was $3.2 billion, down 2.43% from the prior year.
- Operating Expenses for Q1 2026 stood at $879.6 million, up from $862.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $879.6 million in Q1 2026 and bottomed at $389.2 million in Q1 2024.
- The 5-year median for Operating Expenses is $774.3 million (2023), against an average of $746.6 million.
- The widest annual swing landed in 2024, when Operating Expenses sank 50.41%; it then surged 94.24% in 2025.
- A 5-year view of Operating Expenses shows it stood at $741.2 million in 2022, then dropped by 13.33% to $642.4 million in 2023, then soared by 35.82% to $872.5 million in 2024, then declined by 1.18% to $862.2 million in 2025, then climbed by 2.02% to $879.6 million in 2026.
- The last three Operating Expenses figures came in at $879.6 million (Q1 2026), $862.2 million (Q4 2025), and $784.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 1.19 Bn |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | 879.60 Mn |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | 2.10 Bn |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | 1.22 Bn |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 896.96 Mn |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 357.14 Mn |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | 517.73 Mn |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 103.82 Mn |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | 70.31 Mn |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | -182.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 1, 2026 | 879.60 Mn |
| Nov 30, 2025 | 862.20 Mn |
| Aug 31, 2025 | 784.20 Mn |
| Jun 1, 2025 | 797.80 Mn |
| Mar 2, 2025 | 756.00 Mn |
| Dec 1, 2024 | 872.50 Mn |
| Aug 25, 2024 | 729.80 Mn |
| May 26, 2024 | 811.50 Mn |
| Feb 25, 2024 | 389.20 Mn |
| Nov 26, 2023 | 642.40 Mn |
| Aug 27, 2023 | 714.50 Mn |
| May 28, 2023 | 774.30 Mn |
| Feb 26, 2023 | 784.90 Mn |
| Nov 27, 2022 | 741.20 Mn |
| Aug 28, 2022 | 663.80 Mn |
| May 29, 2022 | 778.80 Mn |
| Feb 27, 2022 | 709.40 Mn |
| Nov 28, 2021 | 788.00 Mn |
| Aug 29, 2021 | 642.25 Mn |
| May 30, 2021 | 659.26 Mn |
| Feb 28, 2021 | 582.91 Mn |
| Nov 29, 2020 | 674.51 Mn |
| Aug 23, 2020 | 485.10 Mn |
| May 24, 2020 | 617.93 Mn |
| Feb 23, 2020 | 660.55 Mn |
| Nov 24, 2019 | 719.75 Mn |
| Aug 25, 2019 | 595.53 Mn |
| May 26, 2019 | 637.53 Mn |
| Feb 24, 2019 | 581.90 Mn |
| Nov 25, 2018 | 718.62 Mn |
| Aug 26, 2018 | 582.15 Mn |
| May 27, 2018 | 593.60 Mn |
| Feb 25, 2018 | 563.20 Mn |
| Nov 26, 2017 | 633.30 Mn |
| Aug 27, 2017 | 510.31 Mn |
| May 28, 2017 | 495.74 Mn |
| Feb 26, 2017 | 456.21 Mn |
| Nov 27, 2016 | 516.74 Mn |
| Aug 28, 2016 | 447.90 Mn |
| May 29, 2016 | 459.16 Mn |
| Feb 28, 2016 | 443.01 Mn |
| Nov 29, 2015 | 497.11 Mn |
| Aug 30, 2015 | 458.58 Mn |
| May 31, 2015 | 452.62 Mn |
| Mar 1, 2015 | 429.62 Mn |
| Nov 30, 2014 | 629.63 Mn |
| Aug 24, 2014 | 457.08 Mn |
| May 25, 2014 | 465.18 Mn |
| Feb 23, 2014 | 482.70 Mn |
| Nov 24, 2013 | 570.72 Mn |
| Aug 25, 2013 | 454.75 Mn |
| May 26, 2013 | 449.07 Mn |
| Feb 24, 2013 | 410.42 Mn |
| Nov 25, 2012 | 557.75 Mn |
| Aug 26, 2012 | 433.96 Mn |
| May 27, 2012 | 435.06 Mn |
| Feb 26, 2012 | 438.58 Mn |
| Nov 27, 2011 | 532.49 Mn |
| Aug 28, 2011 | 488.55 Mn |
| May 29, 2011 | 475.72 Mn |
| Feb 27, 2011 | 459.09 Mn |
| Nov 28, 2010 | 528.38 Mn |
| Aug 29, 2010 | 457.31 Mn |