In fiscal 2025, which ended Oct 4, 2025, Leslie’s, Inc. reported revenue of $1.2 billion, down 6.6% from the year before. It recorded a net loss of $237.0 million. The operating loss came to $169.9 million, an operating margin of -13.7%. Diluted earnings per share were -$25.57. Over the twelve months ended Jul 4, 2026, revenue was $1.2 billion and the net loss was $250.5 million. Across the 5 fiscal years shown, revenue shrank from $1.3 billion in fiscal 2021 to $1.2 billion in fiscal 2025, about 1.9% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jul 4, 2026
|
FY 2025
Oct 4, 2025
|
FY 2024
Sep 28, 2024
|
FY 2023
Sep 30, 2023
|
FY 2022
Oct 1, 2022
|
FY 2021
Oct 2, 2021
|
|---|---|---|---|---|---|---|
| Revenue |
1,180
-5.7%
|
1,242
-6.6%
|
1,330
-8.3%
|
1,451
-7.1%
|
1,562
+16.3%
|
1,343
|
| Cost of revenue |
782
-4.4%
|
802
-6.0%
|
853
-5.5%
|
903
+1.6%
|
888
+18.8%
|
748
|
| Gross profit |
398
-8.1%
|
440
-7.8%
|
477
-13.0%
|
548
-18.6%
|
674
+13.2%
|
595
|
| Selling, general and administrative |
401
-6.0%
|
426
+1.4%
|
420
-5.9%
|
446
+2.5%
|
435
+12.7%
|
386
|
| Operating income |
-195
-3028.9%
|
-170
-397.4%
|
57
-44.1%
|
102
-57.2%
|
239
+14.2%
|
209
|
| Interest expense |
58
-10.7%
|
63
-10.6%
|
70
+7.6%
|
65
+116.4%
|
30
-12.1%
|
34
|
| Pretax income |
-253
-337.2%
|
-233
-1653.1%
|
-13
-136.1%
|
37
-82.3%
|
208
+27.6%
|
163
|
| Income tax |
-2
-108.1%
|
4
-58.5%
|
10
+6.3%
|
9
-80.6%
|
49
+34.5%
|
36
|
| Net income |
-250
-197.9%
|
-237
-913.6%
|
-23
-185.8%
|
27
-82.9%
|
159
+25.6%
|
127
|
| Basic EPS |
-26.89
-4006.5%
|
-25.57
-910.7%
|
-2.53
-185.5%
|
2.96
+244.2%
|
0.86
+26.5%
|
0.68
|
| Diluted EPS |
-26.89
-4006.5%
|
-25.57
-910.7%
|
-2.53
-185.8%
|
2.95
+247.1%
|
0.85
+26.9%
|
0.67
|
| Weighted average shares, basic |
9
+107.6%
|
9
+0.4%
|
9
+0.5%
|
9
-95.0%
|
184
-0.6%
|
185
|
| Weighted average shares, diluted |
9
+107.6%
|
9
+0.4%
|
9
+0.0%
|
9
-95.0%
|
186
-2.0%
|
190
|
| Other measures | ||||||
| Depreciation and amortization |
31
-7.1%
|
29
+0.3%
|
29
-2.0%
|
30
+7.2%
|
28
+4.5%
|
27
|
| EBITDA |
-164
-505.3%
|
-141
-262.8%
|
86
-34.6%
|
132
-50.5%
|
267
+13.1%
|
236
|
| Interest coverage |
-3.39x
|
-2.70x
|
0.81x
|
1.56x
|
7.90x
|
6.08x
|
| Margins | ||||||
| Gross margin |
33.71%
|
35.40%
|
35.85%
|
37.78%
|
43.13%
|
44.32%
|
| Operating margin |
-16.54%
|
-13.68%
|
4.29%
|
7.04%
|
15.28%
|
15.57%
|
| Pretax margin |
-21.42%
|
-18.74%
|
-1.00%
|
2.53%
|
13.32%
|
12.15%
|
| Profit margin |
-21.24%
|
-19.08%
|
-1.76%
|
1.88%
|
10.18%
|
9.43%
|
| EBITDA margin |
-13.88%
|
-11.32%
|
6.49%
|
9.09%
|
17.06%
|
17.55%
|
| Effective tax rate |
—
|
—
|
—
|
25.85%
|
23.59%
|
22.37%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Retail-Retail Stores, NEC (SIC 5990)
- Listed as
- LESLQ (OTC)
- Fiscal year ends
- October 4
- Incorporated in
- DE
- Headquarters
- Phoenix, AZ
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1821806
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.