Filing Flows › Leatt (LEAT) › Q2 2026 › vs Q2 2025
Leatt (LEAT) Q2 2026 vs Q2 2025 (year over year)
Leatt's revenue rose $215K (+1%) from $16.2M in Q2 2025 to $16.4M in Q2 2026. Gross margin 45.4% against 42.6% (+2.8 pts).
Leatt, Q2 2026: revenue $16.4M (+1% year over year), operating margin 7.0%, net earnings $909K, operating cash flow $2.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 45.4% | 42.6% | +2.8 pts |
| Operating margin | 7.0% | 8.7% | -1.6 pts |
| Net margin | 5.5% | 7.0% | -1.5 pts |
| Free cash flow margin | 15.6% | 19.7% | -4.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $16.4M | $16.2M | $215K | +1% |
| Gross profit | $7.4M | $6.9M | $546K | +8% |
| Cost of revenue | $9.0M | $9.3M | −$331K | -4% |
| Other income, net | $76K | $118K | −$41K | -35% |
| Operating profit | $1.2M | $1.4M | −$247K | -18% |
| Operating expenses | $6.3M | $5.5M | $793K | +14% |
| Pre-tax earnings | $1.2M | $1.5M | −$289K | -19% |
| Research & development | $665K | $617K | $48K | +8% |
| Sales & marketing | $1.4M | $1.2M | $277K | +24% |
| General & admin | $1.3M | $1.1M | $211K | +19% |
| Other operating costs | $2.9M | $2.6M | $257K | +10% |
| Net earnings | $909K | $1.1M | −$230K | -20% |
| Income tax | $320K | $379K | −$59K | -16% |
| Depreciation & amortization | $284K | $333K | −$48K | -15% |
| Share-based compensation | $140K | $122K | $18K | +15% |
| Working capital & other | $1.6M | $1.8M | −$198K | -11% |
| Operating cash flow | $2.9M | $3.3M | −$458K | -14% |
| Free cash flow (OCF − capex) | $2.6M | $3.2M | −$628K | -20% |
| Capital expenditures | $324K | $153K | $170K | +111% |
Questions
How much did Leatt's revenue grow year over year in Q2 2026?
Leatt's revenue rose $215K (+1%) from $16.2M in Q2 2025 to $16.4M in Q2 2026. Gross margin 45.4% against 42.6% (+2.8 pts).