Filing Flows › Levi Strauss (LEVI) › Q3 FY26 › vs Q2 FY26
Levi Strauss (LEVI) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Levi Strauss's revenue rose $47.7M (+3%) from $1.6B in Q2 FY26 to $1.6B in Q3 FY26. The biggest changes: Americas +$23.3M (+3%); Europe +$21.9M (+5%); Asia +$9.1M (+3%). Gross margin 66.2% against 62.7% (+3.5 pts).
Levi Strauss, Q3 FY26: revenue $1.6B (+4% year over year), operating margin 13.8%, net earnings $169M, operating cash flow $103M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 66.2% | 62.7% | +3.5 pts |
| Operating margin | 13.8% | 7.8% | +6.0 pts |
| Net margin | 10.5% | 5.6% | +4.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Americas | $839M | $816M | $23.3M | +3% |
| Europe | $442M | $420M | $21.9M | +5% |
| Asia | $293M | $284M | $9.1M | +3% |
| Beyond Yoga® | $36.0M | $42.6M | −$6.6M | -15% |
| Revenue | $1.6B | $1.6B | $47.7M | +3% |
| Gross profit | $1.1B | $979M | $86.7M | +9% |
| Cost of revenue | $544M | $583M | −$39.0M | -7% |
| Operating profit | $222M | $122M | $100M | +82% |
| Operating expenses | $844M | $857M | −$13.4M | -2% |
| Pre-tax earnings | $220M | $115M | $105M | +92% |
| SG&A | $836M | $843M | −$7.5M | -0.9% |
| Other operating costs | $7.6M | $13.5M | −$5.9M | -44% |
| Net earnings | $169M | $87.3M | $81.3M | +93% |
| Income tax | $51.5M | $27.4M | $24.1M | +88% |
| Depreciation & amortization | $54.8M | $57.2M | −$2.4M | -4% |
| Share-based compensation | $18.7M | $24.3M | −$5.6M | -23% |
| Working capital & other | $139M | −$102M | $241M | — |
| Operating cash flow | $103M | $271M | −$168M | -62% |
Questions
How much did Levi Strauss's revenue grow quarter over quarter in Q3 FY26?
Levi Strauss's revenue rose $47.7M (+3%) from $1.6B in Q2 FY26 to $1.6B in Q3 FY26.
What drove Levi Strauss's revenue change in Q3 FY26?
Americas +$23.3M (+3%); Europe +$21.9M (+5%); Asia +$9.1M (+3%).