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| 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 |