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How Leatt (LEAT) makes money
Leatt (LEAT) made $16.4M of revenue in the second quarter 2026 (Q2 2026), +1% from a year earlier. Of every dollar of revenue, 45¢ was left as gross profit, 7¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $16.4M | 100.0% |
| Cost of revenue | $9.0M | 54.6% |
| Gross profit | $7.4M | 45.4% |
| Operating expenses | $6.3M | 38.3% |
| Operating profit | $1.2M | 7.0% |
| Income tax | $320K | 2.0% |
| Net earnings | $909K | 5.5% |
| Operating cash flow | $2.9M | 17.6% |
| Free cash flow | $2.6M | 15.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $16.4M | +1% |
| Q1 2026 | $19.5M | +27% |
| Q4 2025 | $16.0M | +43% |
| Q3 2025 | $14.3M | +18% |
| Q2 2025 | $16.2M | +60% |
| Q1 2025 | $15.4M | +45% |
| Q4 2024 | $11.2M | +14% |
From Leatt's 10-Q filed Aug 14, 2026 (on EDGAR).
Questions
How does Leatt make money?
Leatt (LEAT) made $16.4M of revenue in the second quarter 2026 (Q2 2026), +1% from a year earlier. Of every dollar of revenue, 45¢ was left as gross profit, 7¢ was left as operating profit, 6¢ was left as net earnings.
What is Leatt's profit margin?
Net earnings were $909K, 5.5% of revenue, in the second quarter 2026; the operating margin was 7.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.