Leslie's profit margin LESL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −21.2%
- Operating margin, 12 months
- −16.5%
- Net margin on a year earlier
- −14.5 pts
Over the twelve months to Jul 4, 2026, Leslie's kept −21.2% of its revenue as net profit, with an operating margin of −16.5% and a gross margin of 33.7%.
Five years earlier its net margin was 9.5%.
Profit margin over time
GrossOperatingNet
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −19.1% | −13.7% | 35.4% |
| FY2024 | −1.8% | 4.3% | 35.8% |
| FY2023 | 1.9% | 7.0% | 37.8% |
| FY2022 | 10.2% | 15.3% | 43.1% |
| FY2021 | 9.4% | 15.6% | 44.3% |
| FY2020 | 5.3% | 13.2% | 41.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | −21.2% | −14.5 pts | −16.5% | |
| Q2 FY26 | −22.6% | −19.2 pts | −15.4% | |
| Q1 FY26 | −22.7% | −20.6 pts | −16.4% | |
| Q4 FY25 | −19.1% | −17.3 pts | −13.7% | |
| Q3 FY25 | −6.7% | −6.9 pts | 0.5% | |
| Q2 FY25 | −3.4% | −4.5 pts | 2.7% | |
| Q1 FY25 | −2.1% | −3.4 pts | 4.0% | |
| Q4 FY24 | −1.8% | −3.6 pts | 4.3% | |
| Q3 FY24 | 0.2% | −4.4 pts | 5.1% | |
| Q2 FY24 | 1.1% | −6.6 pts | 6.2% | |
| Q1 FY24 | 1.3% | −7.9 pts | 6.5% | |
| Q4 FY23 | 1.9% | −8.3 pts | 7.0% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Leslie's
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.