Growth Metrics

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

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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
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