LEATT CORPORATION
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.4M | $19.5M | $16.0M | $14.3M | $16.2M | $15.4M | $11.2M | $12.1M |
| Cost of Revenue | $9.0M | $10.9M | $8.7M | $8.0M | $9.3M | $8.6M | $6.6M | $7.0M |
| Gross Profit | $7.4M | $8.6M | $7.3M | $6.3M | $6.9M | $6.7M | $4.6M | $5.2M |
| Gross Margin | 45.4% | 44.0% | 45.5% | 44.0% | 42.6% | 43.7% | 41.2% | 42.6% |
| Operating Expenses | ||||||||
| Research & Development | $664.8K | $797.3K | $734.6K | $688.2K | $616.8K | $664.5K | $719.3K | $620.0K |
| SG&A Expense | $1.3M | $1.2M | $1.2M | $1.0M | $1.1M | $1.0M | $966.5K | $993.0K |
| Operating Income | $1.2M | $2.3M | $549.6K | $630.2K | $1.4M | $1.4M | $-1.1M | $25.9K |
| Operating Margin | 7.0% | 11.9% | 3.4% | 4.4% | 8.7% | 9.3% | -9.7% | 0.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.2M | $2.4M | $646.0K | $730.9K | $1.5M | $1.5M | $-987.4K | $131.3K |
| Income Tax Expense | $319.8K | $621.9K | $181.2K | $191.7K | $378.9K | $390.3K | $-540.9K | $15.5K |
| Net Income | $909.0K | $1.8M | $464.8K | $539.3K | $1.1M | $1.1M | $-446.5K | $115.8K |
| Net Margin | 5.5% | 9.1% | 2.9% | 3.8% | 7.0% | 7.3% | -4.0% | 1.0% |
| EPS (Basic) | $0.15 | $0.28 | $0.08 | $0.09 | $0.18 | $0.18 | $-0.07 | $0.02 |
| EPS (Diluted) | $0.14 | $0.27 | $0.08 | $0.08 | $0.18 | $0.17 | $-0.07 | $0.02 |
| Shares Outstanding (Basic) | 6.2M | 6.2M | 6.2M | 6.2M | 6.2M | 6.2M | 6.2M | 6.2M |
| Shares Outstanding (Diluted) | 6.5M | 6.5M | 6.4M | 6.5M | 6.5M | 6.5M | 6.5M | 6.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |