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LEATT CORP 10-Q Filings

LEAT OTC

Every 10-Q that LEATT CORP (LEAT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LEAT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LEAT filings page.

Rhea-AI Summary

Leatt Corporation reported solid growth for the six months ended June 30, 2026. Revenue was $35,898,430, up 14% from the prior-year period, driven mainly by body armor and helmet sales. Body armor contributed $17,339,848 (48% of revenue) and helmets $8,948,113 (25%), while neck braces contributed $1,270,858 (4%).

Gross profit rose to $16,009,669, representing a 45% gross margin, compared with 43% a year earlier, helped by improved shipping and logistics efficiency. Net income for the six-month period increased 19% to $2,679,683, with diluted earnings per share of $0.41. Operating expenses rose 20% to $13,046,927 as the company expanded sales, marketing, research and development, and global branding activities.

Leatt strengthened its balance sheet, ending June 30, 2026 with cash, cash equivalents and restricted cash of $19,527,927 and total liabilities of $6,464,562. Inventory declined to $13,923,847 from $20,897,693 at year-end, supporting a net cash inflow from operating activities of $7,438,967. The company continued its share repurchase activity, buying back 10,400 shares for $101,893 and cancelling 29,524 treasury shares during the period.

Rhea-AI Summary

Leatt Corporation posted strong quarterly growth for the three months ended March 31, 2026. Revenue rose to $19.51 million, a 27% increase from 2025, driven mainly by higher helmet and body armor sales and strong demand from international distributors and consumer-direct channels.

Gross profit reached $8.57 million with a stable gross margin of 44%. Net income grew to $1.77 million, up 58%, with basic earnings per share of $0.28 versus $0.18 a year earlier. Operating expenses increased as the company invested in marketing, R&D, and digital capabilities.

Leatt ended the quarter with $17.19 million in cash, cash equivalents and restricted cash and total stockholders’ equity of $44.00 million. Inventory declined from $20.90 million to $16.36 million, supporting strong operating cash flow of $4.55 million. Management highlights ongoing exposure to global trade, FX, macroeconomic and geopolitical risks.

Rhea-AI Summary

Leatt Corporation (LEAT) reported stronger Q3 2025 results. Revenue rose to $14,343,992 from $12,138,123, lifting gross margin to 44%. Net income increased to $539,256 from $115,837 as operating leverage improved and shipping/logistics costs eased.

For the nine months, revenue reached $45,888,195 versus $32,831,288, with net income of $2,799,114 compared with a prior-year loss. Cash and cash equivalents were $12,278,149, and the company had an undrawn $1,500,000 revolving credit facility as of September 30. Inventory was $17,283,352 and operating cash flow totaled $1,446,927 year to date.

The board approved a share purchase plan of up to $750,000 commencing August 19, 2025 through December 31, 2025; 10,658 shares were repurchased for $136,686 as of September 30, with a subsequent October repurchase of 7,728 shares for $89,365. Shares outstanding were 6,199,164 as of October 31, 2025.