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

Levi Strauss (LEVI) reported Operating Expenses of $879.6 million for Q1 2026, up 16.35% on a YoY basis from $756.0 million in Q1 2025, and up 2.02% quarter-over-quarter from $862.2 million in Q4 2025.

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

Levi Strauss has reported Operating Expenses for 17 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $879.6 million in Q1 2026, with the low at $389.2 million in Q1 2024.
  • Historically, Operating Expenses has averaged $746.6 million across 5 years, with a median of $774.3 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses tumbled 50.41% — and 2025, when it surged 94.24%.
  • Levi Strauss' Operating Expenses stood at $741.2 million in 2022, then slipped by 13.33% to $642.4 million in 2023, then surged by 35.82% to $872.5 million in 2024, then dropped by 1.18% to $862.2 million in 2025, then advanced 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 Ermenegildo Zegna 179,116.29 Bn 179,116.03 Bn - -
2 Ralph Lauren 25.18 Bn 23.12 Bn 1.38 Bn 1.19 Bn
3 Levi Strauss 9.24 Bn 8.43 Bn 1.08 Bn 879.60 Mn
4 V F 6.76 Bn 6.55 Bn 1.22 Bn 2.10 Bn
5 Kontoor Brands 4.31 Bn 4.20 Bn 470.76 Mn 896.96 Mn
6 Pvh 3.56 Bn 2.96 Bn 1.19 Bn 1.07 Bn
7 Columbia Sportswear 3.50 Bn 2.96 Bn 394.96 Mn 357.14 Mn
8 Under Armour 2.51 Bn 1.60 Bn 492.04 Mn 517.73 Mn
9 Figs 2.04 Bn 1.77 Bn 108.30 Mn 103.82 Mn
10 G Iii Apparel 1.45 Bn 1.06 Bn 347.75 Mn 49.60 Mn

Historic Data

Download Data
DateValue
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