Leatt Corporation (LEAT) Earnings Call Transcripts

Leatt Corporation's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Leatt Corporation (LEAT:US) reported strong financial results, with revenues reaching $19.51 million, a 27% increase year-over-year. Net income surged to $1.77 million, reflecting a 58% growth compared to the prior year. Management highlighted robust consumer demand and significant growth in key product categories, particularly helmets and body armor, while maintaining a stable gross profit margin of 44%. The company continues to invest in marketing and product development, signaling confidence in future growth despite potential global headwinds.

Reported metrics

Guidance from management

Management remains optimistic about future growth, indicating that they are well positioned to leverage strong domestic sales and robust international demand. No specific numerical guidance was provided for the upcoming quarters.

What management said

No. So we're going to be -- we still have some funds available as part of the original $750,000 that we originally announced, and we're going to continue buying back shares to the limit of $750,000 in total.

I mean, still strong, but not as strong as NCV and ADV during the period. I mean, I think Motor is our most established category or market since we started in Motor. So, although we obviously are still growing there, we are seeing slightly stronger growth levels on the ADV, which is a lot newer. -- and the MTB category. But certainly, no issues on the motor side, still a very viable area for Leatt and motor helmet sa...

What analysts pressed on

Analysts expressed curiosity about the sustainability of the growth in helmet sales and the performance of the motocross segment. There were also questions regarding the effectiveness of the share buyback program and its impact on shareholder value.

Main topics on the call

• Strong Revenue Growth — Leatt's revenue for Q1 2026 was $19.51 million, a 27% increase from $15.37 million in Q1 2025. CEO Sean MacDonald stated, "Strong revenue growth continues as global demand for our products fueled robust reordering patter...
• Significant Net Income Increase — Net income rose to $1.77 million, up 58% from $1.12 million in the same quarter last year. This increase reflects effective cost management and strong sales performance across product categories.
• Consumer Direct Sales Surge — Consumer direct sales increased by 49%, indicating strong brand momentum. MacDonald noted, "This is a testament to the tremendous momentum of the Leatt brand at the consumer level."
• Product Category Performance — Helmet revenues increased by 59%, while body armor revenues grew by 25%. MacDonald highlighted that helmet sales represented 28% of total revenues, driven by a 61% increase in mountain biking and adventure motorcycle hel...

Read the full Leatt Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 Leatt Corporation earnings call transcripts on record, spanning March 24, 2020 to May 12, 2026. Based on this history, Leatt Corporation reports quarterly. The most recent call on file is dated May 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LEAT

Exchange

OTCPK

Country

US

Sector

Consumer Discretionary

Industry

Leisure Products

Calls on record

30

First call

March 24, 2020

Most recent

May 12, 2026

Reporting cadence

quarterly