Leatt (OTCMKTS:LEAT) Posts Earnings Results

Leatt (OTCMKTS:LEAT) announced its quarterly earnings results on Tuesday. The company reported $0.27 earnings per share for the quarter, Zacks reports. Leatt had a return on equity of 7.94% and a net margin of 5.27%.

Here are the key takeaways from Leatt’s conference call:

• Leatt delivered strong Q1 2026 growth, with revenue up 27% year over year to $19.51 million and net income up 58% to $1.77 million. Management said demand was driven by robust reordering patterns and stronger traction in both domestic and international markets.
• Consumer direct sales were a standout, rising 49% as management highlighted growing brand momentum with riders. Dealer direct sales also increased 30%, reflecting improving traction from the reorganized domestic sales force.
• All major product categories grew year over year, led by helmets (+59%) and body armor (+25%). Helmet growth was driven mainly by mountain biking and adventure motorcycle products, while footwear sales helped lift body armor.
• Leatt’s balance sheet remained strong, with cash rising $3.96 million to $17.19 million and operating cash flow of $4.55 million. Management said it has sufficient liquidity to support expected working capital needs and continue its share repurchase program.
• Management was upbeat on the outlook, citing strong international demand across Europe, Latin America, the U.K., Eastern Europe, and Australia, along with new marketing initiatives and product launches. They also noted some potential global headwinds, but said the company is well positioned for future growth.

Leatt Price Performance

LEAT stock traded up $2.07 during mid-day trading on Tuesday, reaching $11.92. 19,099 shares of the company traded hands, compared to its average volume of 2,985. The company has a fifty day moving average price of $9.38 and a 200-day moving average price of $9.60. Leatt has a 52-week low of $6.25 and a 52-week high of $14.50. The company has a market capitalization of $74.25 million, a P/E ratio of 23.37 and a beta of 0.83.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.