Levi Strauss LEVI
NYSE LEVI
$20.02 -0.33 (-1.60%)
As of: Sep 10, 2026 · 3:07 PM EDT

Levi Strauss (LEVI) Operating Expenses (2010 - 2026)

Levi Strauss' (LEVI) quarterly Operating Expenses came in at $856.9 million in Q2 2026, up 7.41% on a YoY basis from $797.8 million in Q2 2025, and down 2.58% quarter-over-quarter from $879.6 million in Q1 2026.

Analysis

Levi Strauss (LEVI) Operating Expenses (2010 - 2026) Analysis & Trends

Levi Strauss (LEVI) has reported Operating Expenses for 17 consecutive years, with $856.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 7.41% year-over-year to $856.9 million; the trailing twelve-month figure through May 2026 stood at $3.4 billion (up 7.19% YoY), and the FY2025 full-year result was $3.2 billion, down 2.43% from the prior year.
  • Operating Expenses eased to $856.9 million in Q2 2026 per LEVI's latest filing, from $879.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $879.6 million in Q1 2026 and bottomed at $642.4 million in Q4 2023.
  • Historically, Operating Expenses has averaged $779.4 million across 5 years, with a median of $781.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses retreated 13.33% in 2023, then surged 35.82% in 2024.
  • Over 5 years, Operating Expenses stood at $741.2 million in 2022, then declined by 13.33% to $642.4 million in 2023, then jumped by 35.82% to $872.5 million in 2024, then fell by 1.18% to $862.2 million in 2025, then dropped by 0.61% to $856.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $856.9 million, $879.6 million, and $862.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lululemon Athletica 10.82 Bn 9.43 Bn 1.46 Bn 1.01 Bn
2 Gildan Activewear 7.84 Bn 7.57 Bn 459.76 Mn 283.86 Mn
3 Levi Strauss 7.72 Bn 6.74 Bn 979.10 Mn 856.90 Mn
4 V F 4.89 Bn 4.22 Bn 917.04 Mn 1.75 Bn
5 Kontoor Brands 3.64 Bn 3.59 Bn 328.26 Mn 493.76 Mn
6 Pvh 3.14 Bn 2.17 Bn 1.32 Bn 1.09 Bn
7 Warby Parker 2.98 Bn 2.69 Bn 136.46 Mn 133.29 Mn
8 Columbia Sportswear 2.87 Bn 2.25 Bn 358.43 Mn 332.19 Mn
9 Figs 2.11 Bn 1.81 Bn 147.86 Mn 112.59 Mn
10 Under Armour 2.03 Bn 1.63 Bn 593.83 Mn 547.09 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 856.90 Mn
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 869.20 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 785.18 Mn
Aug 29, 2021 642.23 Mn