What is LEATT CORP's earnings per share (EPS)?

LEATT CORP (LEAT) reported diluted earnings per share of $0.51 for fiscal year 2025. This represents a 250.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

LEATT CORP (LEAT) Financials

LEAT

Trailing 12 months to June 30, 2026

Revenue $66.3M +20.7% YoY

Net Income $3.7M +90.9% YoY

EPS (Diluted) $0.57 +90.0% YoY

Free Cash Flow $3.9M +51.9% YoY

Market Cap $74.7M as of Sep 11, 2026

Price / Sales 1.1x on $66.3M revenue, trailing 12 months to June 30, 2026

Price / Earnings 20.3x on $3.7M net income, trailing 12 months to June 30, 2026

Price / Book 1.7x on $45.2M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LEAT SEC filings page.

LEATT CORP (LEAT) reported $66.3M in revenue over the twelve months to Jun 30, 2026, up 20.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LEAT FY2025 2026-08-29

A revenue rebound restored gross margin, but cash conversion weakened as inventory absorbed more operating capital.

FY2025's rebound coincided with gross-margin expansion from 40.2% to 44.0%, showing improved economics rather than merely additional sales. Yet operating cash flow was $1.8M versus net income of $3.3M, so the profit recovery was not converting into cash at the same pace.

Operating margin returned to 6.5% from -6.8%, indicating that the stronger gross result also covered operating expenses more effectively. Even so, the partial margin recovery left FY2025 net margin at 5.3%, far below FY2021's 17.4%.

The lightly debt-funded balance sheet showed debt-to-equity of 0.0x and a current ratio of 4.9x, making borrowing a minor part of the financing posture. Meanwhile, working-capital absorption accompanied the rebound: inventory rose 16.2% from FY2024 while operating cash flow fell 35.3%.

Financial Health Signals

Financial health score not available

LEATT CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe

7.74

LEATT CORP scores 7.74, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($74.7M) relative to total liabilities ($9.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

LEATT CORP passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.55x

For every $1 of reported earnings, LEATT CORP generates $0.55 in operating cash flow ($1.8M OCF vs $3.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

10.10x

LEATT CORP earns $10.10 in operating income for every $1 of interest expense ($4.0M vs $397K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$16.4M

YoY+1.3%

QoQ-16.0%

5Y CAGR+2.8%

10Y CAGR+16.1%

LEATT CORP generated $16.4M in revenue in Q2 2026. This represents an increase of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 16.0%.

EBITDA

$1.4M

YoY-17.1%

QoQ-49.3%

5Y CAGR-15.8%

10Y CAGR+39.5%

LEATT CORP's EBITDA was $1.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.1% from the same quarter a year earlier. Against the prior quarter it is down 49.3%.

Net Income

$909K

YoY-20.2%

QoQ-48.7%

5Y CAGR-17.7%

LEATT CORP reported $909K in net income in Q2 2026. This represents a decrease of 20.2% from the same quarter a year earlier. Against the prior quarter it is down 48.7%.

EPS (Diluted)

$0.14

YoY-22.2%

QoQ-48.1%

5Y CAGR-18.5%

LEATT CORP earned $0.14 per diluted share (EPS) in Q2 2026. This represents a decrease of 22.2% from the same quarter a year earlier. Against the prior quarter it is down 48.1%.

Cash & Balance Sheet

Free Cash Flow

$2.6M

YoY-19.7%

QoQ-41.5%

5Y CAGR+265.0%

LEATT CORP generated $2.6M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 19.7% from the same quarter a year earlier. Against the prior quarter it is down 41.5%.

Cash & Debt

$19.4M

YoY+23.3%

QoQ+13.9%

5Y CAGR+38.9%

10Y CAGR+34.5%

LEATT CORP held $19.4M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY+0.2%

QoQ-0.1%

5Y CAGR+2.7%

10Y CAGR+1.7%

LEATT CORP had 6M shares outstanding in Q2 2026. This represents an increase of 0.2% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

45.4%

YoY+2.8pp

QoQ+1.4pp

5Y change+2.1pp

10Y change-8.4pp

LEATT CORP's gross margin was 45.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.

Operating Margin

7.0%

YoY-1.6pp

QoQ-4.9pp

5Y change-15.0pp

10Y change+8.5pp

LEATT CORP's operating margin was 7.0% in Q2 2026, reflecting core business profitability. This is down 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.9 percentage points.

Net Margin

5.5%

YoY-1.5pp

QoQ-3.5pp

5Y change-11.3pp

10Y change+5.9pp

LEATT CORP's net profit margin was 5.5% in Q2 2026, showing the share of revenue converted to profit. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.5 percentage points.

Return on Equity

2.0%

YoY-0.8pp

QoQ-2.0pp

5Y change-10.1pp

10Y change+2.2pp

LEATT CORP's ROE was 2.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.0 percentage points.

Capital Allocation

R&D Spending

$665K

YoY+7.8%

QoQ-16.6%

5Y CAGR+8.4%

10Y CAGR+7.0%

LEATT CORP invested $665K in research and development in Q2 2026. This represents an increase of 7.8% from the same quarter a year earlier. Against the prior quarter it is down 16.6%.

Share Buybacks

$33K

QoQ-52.2%

LEATT CORP spent $33K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 52.2%.

Capital Expenditures

$324K

YoY+111.2%

QoQ+93.9%

5Y CAGR+15.5%

10Y CAGR+23.1%

LEATT CORP invested $324K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 111.2% from the same quarter a year earlier. Against the prior quarter it is up 93.9%.

LEAT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LEAT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$66.3M	$61.9M+40.6%	$44.0M-6.8%	$47.2M-38.1%	$76.3M+5.3%	$72.5M+87.7%	$38.6M+36.3%	$28.3M+16.1%	$24.4M+21.1%	$20.1M+22.7%	$16.4M-10.5%	$18.3M-0.6%	$18.5M+24.0%	$14.9M-10.2%	$16.6M-7.3%	$17.9M
Cost of Revenue	$36.6M	$34.7M+31.8%	$26.3M-4.1%	$27.4M-39.3%	$45.2M+10.2%	$41.0M+93.4%	$21.2M+38.6%	$15.3M+19.4%	$12.8M+20.1%	$10.7M+30.5%	$8.2M-6.4%	$8.7M+1.2%	$8.6M+20.6%	$7.2M-6.6%	$7.7M+2.7%	$7.5M
Gross Profit	$29.6M	$27.2M+53.7%	$17.7M-10.6%	$19.8M-36.4%	$31.1M-1.0%	$31.4M+80.8%	$17.4M+33.7%	$13.0M+12.4%	$11.6M+22.3%	$9.5M+14.9%	$8.2M-14.2%	$9.6M-2.2%	$9.8M+27.0%	$7.7M-13.2%	$8.9M-14.4%	$10.4M
R&D Expenses	$2.9M	$2.7M+7.1%	$2.5M-0.1%	$2.5M+15.9%	$2.2M+19.3%	$1.8M+20.0%	$1.5M+2.1%	$1.5M+5.5%	$1.4M+4.0%	$1.4M-5.9%	$1.4M+22.3%	$1.2M-3.4%	$1.2M+4.5%	$1.2M+5.7%	$1.1M-9.6%	$1.2M
SG&A Expenses	$4.8M	$4.4M+12.7%	$3.9M+12.8%	$3.4M+5.1%	$3.3M+33.6%	$2.5M+30.4%	$1.9M-3.7%	$2.0M+4.2%	$1.9M+12.9%	$1.7M-11.4%	$1.9M+4.5%	$1.8M-13.8%	$2.1M-0.8%	$2.1M-1.2%	$2.1M-4.6%	$2.2M
Operating Income	$4.7M	$4.0M+234.6%	-$3.0M-310.0%	$1.4M-89.1%	$13.0M-21.7%	$16.6M+184.7%	$5.8M+194.7%	$2.0M+33.2%	$1.5M+559.4%	$226K+130.8%	-$732K-178.8%	$928K+44.7%	$641K+213.1%	-$567K-965.4%	$66K-92.4%	$859K
EBITDA	N/A	$5.3M+405.1%	-$1.7M-167.4%	$2.6M-81.6%	$14.1M-20.0%	$17.6M+164.5%	$6.7M+143.3%	$2.7M+25.6%	$2.2M+210.9%	$702K+317.9%	-$322K-124.8%	$1.3M+37.4%	$946K+505.9%	-$233K-147.9%	$486K-61.3%	$1.3M
Interest Expense	$348K	$397K+44.1%	$275K+803.7%	-$39K-188.8%	-$14K-8212.9%	-$163+96.5%	-$5K+87.7%	-$38K-197.9%	$39K+513.7%	-$9K-109.7%	$98K+201.9%	$32K+197.6%	$11K-45.8%	$20K-67.1%	$61K+162.8%	$23K
Income Tax	$1.3M	$1.1M+329.0%	-$499K-186.6%	$576K-81.1%	$3.0M-24.7%	$4.0M+149.7%	$1.6M+185.6%	$567K+72.1%	$329K+1650.3%	-$21K+88.1%	-$179K-146.4%	$386K+65.0%	$234K+236.0%	-$172K-460.4%	$48K-59.3%	$117K
Net Income	$3.7M	$3.3M+248.0%	-$2.2M-374.5%	$803K-91.9%	$10.0M-20.8%	$12.6M+184.2%	$4.4M+221.6%	$1.4M+14.9%	$1.2M+404.4%	$237K+152.1%	-$455K-179.2%	$575K+37.4%	$418K+211.5%	-$375K-577.1%	$79K-89.7%	$764K
EPS (Basic)	N/A	$0.53+251.4%	-$0.35-369.2%	$0.13-92.4%	$1.71-25.3%	$2.29+179.3%	$0.82+215.4%	$0.26+18.2%	$0.22+450.0%	$0.04+144.4%	-$0.09-181.8%	$0.11+37.5%	$0.08+214.3%	-$0.07-566.7%	$0.01-90.0%	$0.15
EPS (Diluted)	$0.57	$0.51+250.0%	-$0.34-361.5%	$0.13-92.0%	$1.62-21.7%	$2.07+179.7%	$0.74+196.0%	$0.25+13.6%	$0.22+450.0%	$0.04+150.0%	-$0.08-180.0%	$0.10+25.0%	$0.08+214.3%	-$0.07-566.7%	$0.01-90.0%	$0.15
Diluted Shares (Avg)	N/A	6M-0.4%	6M+2.9%	6M+2.5%	6M+1.1%	6M+1.3%	6M+8.0%	6M+0.2%	6M-0.2%	6M+1.8%	5M-1.6%	6M+6.5%	5M0.0%	5M0.0%	5M-0.1%	5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$16.4M+1.3%	$19.5M+26.9%	$16.0M+43.1%	$14.3M+18.2%	$16.2M+60.5%	$15.4M+44.8%	$11.2M+14.2%	$12.1M+1.1%
Cost of Revenue	$9.0M-3.6%	$10.9M+26.4%	$8.7M+32.5%	$8.0M+15.2%	$9.3M+50.8%	$8.6M+30.9%	$6.6M+5.7%	$7.0M+1.1%
Gross Profit	$7.4M+7.9%	$8.6M+27.6%	$7.3M+58.1%	$6.3M+22.2%	$6.9M+75.7%	$6.7M+67.7%	$4.6M+29.1%	$5.2M+1.0%
R&D Expenses	$665K+7.8%	$797K+20.0%	$735K+2.1%	$688K+11.0%	$617K-1.9%	$664K+19.6%	$719K+3.0%	$620K+1.5%
SG&A Expenses	$1.3M+19.2%	$1.2M+19.5%	$1.2M+27.1%	$1.0M+3.7%	$1.1M+12.8%	$1.0M+7.4%	$966K+4.8%	$993K+19.6%
Operating Income	$1.2M-17.7%	$2.3M+62.2%	$550K+150.7%	$630K+2333.3%	$1.4M+223.8%	$1.4M+280.8%	-$1.1M+43.0%	$26K-95.8%
EBITDA	$1.4M-17.1%	$2.8M+61.3%	$874K+214.7%	$974K+184.5%	$1.7M+308.0%	$1.8M+453.8%	-$762K+52.4%	$342K-62.8%
Interest Expense	$76K-35.2%	$74K-9.3%	$96K-0.1%	$101K-4.4%	$118K+20.1%	$82K+435.5%	$96K+50863.2%	$105K+9267.8%
Income Tax	$320K-15.6%	$622K+59.3%	$181K+133.5%	$192K+1137.4%	$379K+1416.1%	$390K+23713.6%	-$541K-21.2%	$15K-90.2%
Net Income	$909K-20.2%	$1.8M+57.9%	$465K+204.1%	$539K+365.5%	$1.1M+207.7%	$1.1M+237.3%	-$446K+69.4%	$116K-74.8%
EPS (Basic)	$0.15-16.7%	$0.28+55.6%	$0.08+214.3%	$0.09+350.0%	$0.18+205.9%	$0.18+238.5%	-$0.07+72.0%	$0.02-75.0%
EPS (Diluted)	$0.14-22.2%	$0.27+58.8%	$0.08+214.3%	$0.08+300.0%	$0.18+212.5%	$0.17+230.8%	-$0.07+69.6%	$0.02-71.4%
Diluted Shares (Avg)	6M-0.2%	6M-0.1%	N/A	6M0.0%	6M-0.2%	6M-0.5%	N/A	6M+3.4%

LEAT Balance Sheet

LEAT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$52.0M+12.0%	$46.5M-2.3%	$47.6M-8.3%	$51.9M+5.6%	$49.2M+87.4%	$26.2M+44.3%	$18.2M+42.8%	$12.7M-0.4%	$12.8M+18.6%	$10.8M-3.1%	$11.1M-0.7%	$11.2M+12.4%	$10.0M-6.4%	$10.7M+0.1%	$10.6M
Current Assets	$47.6M+15.6%	$41.2M-2.7%	$42.3M-11.3%	$47.7M+6.9%	$44.6M+95.8%	$22.8M+48.7%	$15.3M+48.0%	$10.4M-2.1%	$10.6M+11.8%	$9.5M-0.8%	$9.5M-3.7%	$9.9M+14.6%	$8.6M-7.8%	$9.4M+2.8%	$9.1M
Cash & Equivalents	$13.0M+5.0%	$12.4M+9.0%	$11.3M+59.8%	$7.1M+41.4%	$5.0M+69.3%	$3.0M+43.1%	$2.1M+21.2%	$1.7M+12.6%	$1.5M+37.6%	$1.1M+4.6%	$1.1M+45.5%	$725K-13.2%	$835K+25.1%	$668K-38.5%	$1.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$20.9M+16.2%	$18.0M-11.8%	$20.4M-10.6%	$22.8M+8.2%	$21.1M+118.0%	$9.7M+11.7%	$8.7M+79.7%	$4.8M-4.4%	$5.0M+10.0%	$4.6M+7.9%	$4.2M+24.6%	$3.4M+4.4%	$3.3M-13.6%	$3.8M+2.5%	$3.7M
Accounts Receivable	$7.9M+23.3%	$6.4M-8.0%	$7.0M-45.7%	$12.8M+1.4%	$12.7M+76.5%	$7.2M+142.7%	$3.0M+44.2%	$2.0M-15.3%	$2.4M+9.1%	$2.2M-23.6%	$2.9M-31.6%	$4.2M+35.0%	$3.1M-11.1%	$3.5M+18.0%	$3.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$9.8M+19.3%	$8.2M+12.2%	$7.3M-40.1%	$12.2M-40.5%	$20.5M+89.1%	$10.9M+45.5%	$7.5M+102.8%	$3.7M-26.2%	$5.0M+40.0%	$3.6M-3.1%	$3.7M-8.7%	$4.0M+36.4%	$3.0M-1.3%	$3.0M-1.5%	$3.0M
Current Liabilities	$9.8M+23.5%	$7.9M+17.3%	$6.8M-39.8%	$11.2M-40.1%	$18.7M+77.6%	$10.5M+48.9%	$7.1M+106.5%	$3.4M-30.7%	$5.0M+38.9%	$3.6M-1.1%	$3.6M-8.5%	$3.9M+35.3%	$2.9M-1.4%	$3.0M+0.6%	$2.9M
Non-Current Liabilities	$33K-89.0%	$303K-47.5%	$576K-43.5%	$1.0M-43.7%	$1.8M+469.8%	$318K-16.5%	$381K+51.9%	$251K+558.5%	$38K	$0-100.0%	$73K-17.5%	$88K+117.5%	$41K+7.1%	$38K-62.0%	$100K
Long-Term Debt	$2K-94.1%	$31K-78.7%	$144K-42.7%	$250K-8.1%	$273K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$42.2M+10.4%	$38.3M-5.0%	$40.3M+1.5%	$39.7M+38.7%	$28.6M+86.2%	$15.4M+43.4%	$10.7M+18.4%	$9.1M+16.1%	$7.8M+8.0%	$7.2M-3.1%	$7.5M+3.8%	$7.2M+2.3%	$7.0M-8.4%	$7.7M+0.8%	$7.6M
Retained Earnings	$31.9M+11.4%	$28.6M-7.2%	$30.8M+2.7%	$30.0M+49.7%	$20.0M+168.5%	$7.5M+145.6%	$3.0M+82.8%	$1.7M+257.2%	$465K+104.0%	$228K-66.6%	$683K+530.6%	$108K+135.0%	-$310K-575.5%	$65K+584.6%	-$13K

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$51.6M+10.3%	$49.6M+9.3%	$52.0M+12.0%	$50.9M+12.1%	$46.8M+9.3%	$45.3M+3.0%	$46.5M-2.3%	$45.4M-5.6%
Current Assets	$47.6M+13.8%	$45.6M+13.3%	$47.6M+15.6%	$45.9M+13.5%	$41.9M+9.9%	$40.2M+2.7%	$41.2M-2.7%	$40.5M-7.1%
Cash & Equivalents	$19.4M+23.3%	$17.0M+34.0%	$13.0M+5.0%	$12.3M-1.5%	$15.7M+18.0%	$12.7M-6.2%	$12.4M+9.0%	$12.5M+15.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$13.9M+8.0%	$16.4M-3.4%	$20.9M+16.2%	$17.3M+9.6%	$12.9M-12.5%	$16.9M-0.8%	$18.0M-11.8%	$15.8M-15.7%
Accounts Receivable	$7.0M-14.8%	$6.3M-1.9%	$7.9M+23.3%	$10.8M+37.3%	$8.3M+44.1%	$6.4M+33.8%	$6.4M-8.0%	$7.9M-26.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$6.5M+10.8%	$5.6M-3.8%	$9.8M+19.3%	$9.3M+41.4%	$5.8M+32.4%	$5.8M+23.3%	$8.2M+12.2%	$6.6M-0.3%
Current Liabilities	$6.5M+13.8%	$5.6M+0.2%	$9.8M+23.5%	$9.2M+47.8%	$5.7M+43.0%	$5.5M+32.6%	$7.9M+17.3%	$6.2M+6.5%
Non-Current Liabilities	$0-100.0%	$0-100.0%	$33K-89.0%	$110K-69.3%	$154K-64.4%	$229K-54.3%	$303K-47.5%	$358K-52.9%
Long-Term Debt	N/A	N/A	$2K-94.1%	N/A	N/A	$18K-84.9%	$31K-78.7%	$59K-65.4%
Total Equity	$45.2M+10.3%	$44.0M+11.2%	$42.2M+10.4%	$41.6M+7.2%	$41.0M+6.6%	$39.6M+0.6%	$38.3M-5.0%	$38.8M-6.4%
Retained Earnings	$34.5M+11.9%	$33.6M+13.2%	$31.9M+11.4%	$31.4M+8.1%	$30.9M+6.7%	$29.7M-0.9%	$28.6M-7.2%	$29.0M-10.0%

Not reported in any period shown, so not listed: Goodwill.

LEAT Cash Flow Statement

LEAT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$5.1M	$1.8M-35.3%	$2.8M-58.0%	$6.7M+115.7%	$3.1M+10.9%	$2.8M+18.5%	$2.3M+177.6%	$846K-25.7%	$1.1M-33.7%	$1.7M+436.7%	$320K-74.2%	$1.2M+63.2%	$759K+197.2%	$256K+158.3%	-$438K-178.8%	$556K
Depreciation & Amortization	N/A	$1.3M+7.9%	$1.2M+4.7%	$1.2M+6.9%	$1.1M+7.1%	$1.0M+23.2%	$832K+9.5%	$760K+9.3%	$696K+46.0%	$477K+16.4%	$410K+10.4%	$371K+21.8%	$305K-8.8%	$334K-20.6%	$421K+5.6%	$398K
Stock-Based Compensation	N/A	$490K+101.7%	$243K+142.6%	$100K-91.4%	$1.2M+33.7%	$867K+258.0%	$242K+23.1%	$197K+8.8%	$181K-17.0%	$218K+38.2%	$157K+10553.5%	$1K-77.7%	$7K+28.2%	$5K-66.7%	$15K	$0
Capital Expenditures	$1.2M	$1.1M-12.0%	$1.2M-38.5%	$2.0M+74.8%	$1.1M+0.4%	$1.1M-22.9%	$1.5M+69.0%	$874K-10.6%	$978K-28.2%	$1.4M+468.8%	$239K-70.6%	$814K+75.8%	$463K+81.6%	$255K+19.7%	$213K-55.4%	$478K
Free Cash Flow	$3.9M	$726K-53.6%	$1.6M-66.4%	$4.7M+139.7%	$1.9M+18.2%	$1.6M+88.9%	$870K+3152.3%	-$28K-117.7%	$161K-55.0%	$357K+341.7%	$81K-81.0%	$426K+43.7%	$296K+62290.9%	$475+100.1%	-$651K-932.7%	$78K
Investing Cash Flow	-$1.2M	-$1.1M+14.3%	-$1.2M+38.4%	-$2.0M-91.5%	-$1.0M+8.3%	-$1.1M+21.7%	-$1.5M-68.2%	-$863K+11.7%	-$977K+28.1%	-$1.4M-467.5%	-$239K+69.3%	-$781K-71.0%	-$456K-2231.8%	$21K+110.4%	-$206K+55.0%	-$459K
Financing Cash Flow	-$330K	-$218K+57.7%	-$515K-39818.7%	-$1K-100.4%	$289K-51.5%	$596K+4925.2%	$12K-96.2%	$309K+383.4%	$64K+362.3%	-$24K+68.4%	-$77K-221.0%	$64K+130.7%	-$208K-5108.4%	-$4K-101.8%	$221K+330.3%	-$96K
Share Buybacks	$357K	$255K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$81K

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$2.9M-13.7%	$4.6M+492.4%	$361K+297.0%	-$2.7M-15096.9%	$3.3M+1921.1%	$768K-72.8%	-$183K-357.2%	-$18K+92.4%
Depreciation & Amortization	$284K-14.5%	$515K+57.4%	$324K+0.6%	$344K+8.6%	$333K+11.9%	$327K+11.2%	$322K+6.3%	$316K+5.6%
Stock-Based Compensation	N/A	$184K+52.5%	N/A	N/A	N/A	$121K+3120.6%	N/A	N/A
Capital Expenditures	$324K+111.2%	$167K-14.8%	$310K-15.8%	$423K-32.1%	$153K-19.3%	$196K+297.9%	$368K-37.2%	$622K-45.7%
Free Cash Flow	$2.6M-19.7%	$4.4M+666.0%	$51K+109.2%	-$3.1M-382.9%	$3.2M+13236.7%	$572K-79.4%	-$552K-7.0%	-$640K+53.6%
Investing Cash Flow	-$324K-116.9%	-$166K+8.0%	-$301K+18.0%	-$422K+32.2%	-$149K+21.4%	-$181K-266.9%	-$367K+37.4%	-$622K+45.6%
Financing Cash Flow	-$349K-31.8%	-$330K-9.4%	$671K-4.1%	-$322K+24.0%	-$265K+10.3%	-$301K+39.2%	$699K-36.6%	-$423K-34.7%
Share Buybacks	$33K	$69K	$118K	$137K	$0	$0	$0	N/A

Not reported in any period shown, so not listed: Dividends Paid.

LEAT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LEAT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	44.0%+3.7pp	40.2%-1.7pp	41.9%+1.2pp	40.8%-2.6pp	43.4%-1.7pp	45.0%-0.9pp	45.9%-1.5pp	47.4%+0.4pp	47.0%-3.2pp	50.2%-2.2pp	52.3%-0.9pp	53.2%+1.3pp	51.9%-1.8pp	53.7%-4.5pp	58.2%
Operating Margin	6.5%+13.3pp	-6.8%-9.8pp	3.0%-14.1pp	17.1%-5.9pp	22.9%+7.8pp	15.1%+8.1pp	7.0%+0.9pp	6.1%+5.0pp	1.1%+5.6pp	-4.5%-9.5pp	5.1%+1.6pp	3.5%+7.3pp	-3.8%-4.2pp	0.4%-4.4pp	4.8%
Net Margin	5.3%+10.3pp	-5.0%-6.7pp	1.7%-11.3pp	13.1%-4.3pp	17.3%+5.9pp	11.5%+6.6pp	4.9%-0.1pp	4.9%+3.7pp	1.2%+4.0pp	-2.8%-5.9pp	3.1%+0.9pp	2.3%+4.8pp	-2.5%-3.0pp	0.5%-3.8pp	4.3%
Return on Equity	7.7%+13.5pp	-5.8%-7.8pp	2.0%-23.1pp	25.1%-18.8pp	43.9%+15.2pp	28.8%+16.0pp	12.8%-0.4pp	13.2%+10.2pp	3.0%+9.3pp	-6.3%-14.0pp	7.7%+1.9pp	5.8%+11.2pp	-5.3%-6.4pp	1.0%-9.0pp	10.1%
Return on Assets	6.3%+11.0pp	-4.7%-6.4pp	1.7%-17.5pp	19.2%-6.4pp	25.6%+8.7pp	16.9%+9.3pp	7.6%-1.8pp	9.4%+7.5pp	1.9%+6.1pp	-4.2%-9.4pp	5.2%+1.4pp	3.7%+7.5pp	-3.8%-4.5pp	0.7%-6.4pp	7.2%
Current Ratio	4.87-0.3x	5.20-1.1x	6.27+2.0x	4.25+1.9x	2.38+0.2x	2.160.0x	2.16-0.9x	3.02+0.9x	2.14-0.5x	2.650.0x	2.65+0.1x	2.51-0.5x	2.97-0.2x	3.17+0.1x	3.11
Debt-to-Equity	0.000.0x	0.000.0x	0.000.0x	0.010.0x	0.01-0.7x	0.710.0x	0.70+0.3x	0.41-0.2x	0.64+0.1x	0.490.0x	0.49-0.1x	0.56+0.1x	0.420.0x	0.390.0x	0.40
Asset Turnover	1.19+0.2x	0.950.0x	0.99-0.5x	1.470.0x	1.470.0x	1.47-0.1x	1.56-0.4x	1.92+0.3x	1.57+0.1x	1.52-0.1x	1.650.0x	1.65+0.2x	1.49-0.1x	1.56-0.1x	1.68
FCF Margin	1.2%-2.4pp	3.5%-6.3pp	9.9%+7.3pp	2.5%+0.3pp	2.3%0.0pp	2.3%+2.4pp	-0.1%-0.8pp	0.7%-1.1pp	1.8%+1.3pp	0.5%-1.8pp	2.3%+0.7pp	1.6%+1.6pp	0.0%+3.9pp	-3.9%-4.4pp	0.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	45.4%+2.8pp	44.0%+0.2pp	45.5%+4.3pp	44.0%+1.4pp	42.6%+3.7pp	43.7%+6.0pp	41.2%+4.8pp	42.6%0.0pp
Operating Margin	7.0%-1.6pp	11.9%+2.6pp	3.4%+13.1pp	4.4%+4.2pp	8.6%+19.9pp	9.3%+16.8pp	-9.7%+9.7pp	0.2%-5.0pp
Net Margin	5.5%-1.5pp	9.1%+1.8pp	2.9%+6.9pp	3.8%+2.8pp	7.0%+17.5pp	7.3%+15.0pp	-4.0%+10.9pp	0.9%-2.9pp
Return on Equity	2.0%-0.8pp	4.0%+1.2pp	1.1%+2.3pp	1.3%+1.0pp	2.8%+5.5pp	2.8%+4.9pp	-1.2%+2.4pp	0.3%-0.8pp
Return on Assets	1.8%-0.7pp	3.6%+1.1pp	0.9%+1.8pp	1.1%+0.8pp	2.4%+4.9pp	2.5%+4.3pp	-1.0%+2.1pp	0.3%-0.7pp
Current Ratio	7.370.0x	8.20+0.9x	4.87-0.3x	4.99-1.5x	7.37-2.2x	7.26-2.1x	5.20-1.1x	6.50-1.0x
Debt-to-Equity	0.140.0x	0.13+0.1x	0.000.0x	0.22+0.2x	0.14+0.1x	0.000.0x	0.000.0x	0.000.0x
Asset Turnover	0.320.0x	0.39+0.1x	0.31+0.1x	0.280.0x	0.35+0.1x	0.34+0.1x	0.240.0x	0.270.0x
FCF Margin	15.7%-4.1pp	22.5%+18.8pp	0.3%+5.3pp	-21.5%-16.3pp	19.7%+20.0pp	3.7%-22.5pp	-4.9%+0.3pp	-5.3%+6.2pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
LEATT CORP LEAT	FY2025	$61.9M	$3.3M	5.3%	$74.7M	—
PARKS! AMERICA INC PRKA	FY2025	$10.5M	$1.5M	13.9%	$30.7M	—
ARVANA INC AVNI	FY2024	$68K	-$447K	N/A	$13K	—
DRIVE SHACK INC DSHK	FY2021	$281.9M	-$31.4M	-11.1%	$23.9M	—

Where LEATT CORP Ranks

Frequently Asked Questions

What is LEATT CORP's annual revenue?

LEATT CORP (LEAT) reported $61.9M in total revenue for fiscal year 2025. This represents a 40.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is LEATT CORP's revenue growing?

LEATT CORP (LEAT) revenue grew by 40.6% year-over-year, from $44.0M to $61.9M in fiscal year 2025.

Is LEATT CORP profitable?

Yes, LEATT CORP (LEAT) reported a net income of $3.3M in fiscal year 2025, with a net profit margin of 5.3%.

What is LEATT CORP's EBITDA?

LEATT CORP (LEAT) had EBITDA of $5.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does LEATT CORP have?

As of fiscal year 2025, LEATT CORP (LEAT) had $13.0M in cash and equivalents against $2K in long-term debt.

What is LEATT CORP's gross margin?

LEATT CORP (LEAT) had a gross margin of 44.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is LEATT CORP's operating margin?

LEATT CORP (LEAT) had an operating margin of 6.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is LEATT CORP's net profit margin?

LEATT CORP (LEAT) had a net profit margin of 5.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is LEATT CORP's return on equity (ROE)?

LEATT CORP (LEAT) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is LEATT CORP's free cash flow?

LEATT CORP (LEAT) generated $726K in free cash flow during fiscal year 2025. This represents a -53.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is LEATT CORP's operating cash flow?

LEATT CORP (LEAT) generated $1.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are LEATT CORP's total assets?

LEATT CORP (LEAT) had $52.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are LEATT CORP's capital expenditures?

LEATT CORP (LEAT) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does LEATT CORP spend on research and development?

LEATT CORP (LEAT) invested $2.7M in research and development during fiscal year 2025.

Does LEATT CORP buy back shares?

Yes, LEATT CORP (LEAT) spent $255K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does LEATT CORP have outstanding?

LEATT CORP (LEAT) had 6M shares outstanding as of fiscal year 2025.

What is LEATT CORP's current ratio?

LEATT CORP (LEAT) had a current ratio of 4.87 as of fiscal year 2025, which is generally considered healthy.

What is LEATT CORP's debt-to-equity ratio?

LEATT CORP (LEAT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is LEATT CORP's return on assets (ROA)?

LEATT CORP (LEAT) had a return on assets of 6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is LEATT CORP's P/E ratio?

LEATT CORP (LEAT) trades at 20.3x earnings, its market capitalization divided by net income of $3.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $74.7M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is LEATT CORP's price-to-sales ratio?

LEATT CORP (LEAT) trades at 1.1x sales, its market capitalization divided by revenue of $66.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $74.7M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is LEATT CORP's Altman Z-Score?

LEATT CORP (LEAT) has an Altman Z-Score of 7.74, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is LEATT CORP's Piotroski F-Score?

LEATT CORP (LEAT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are LEATT CORP's earnings high quality?

LEATT CORP (LEAT) has an earnings quality ratio of 0.55x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can LEATT CORP cover its interest payments?

LEATT CORP (LEAT) has an interest coverage ratio of 10.10x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.