Leatt Corporation announced strong financial results for the first quarter of 2026. Revenue reached $19.51 million, a 27% increase year-over-year. Net income rose 58% to $1.77 million, reflecting improved operational efficiency. Gross profit margin remained stable at 44%.
The stock price closed at $12.30, down 0.33% from the previous session. The stock has gained 53.7% over the past year and 31.72% year-to-date. Helmet revenue surged 59%, driven by mountain biking and adventure motorcycle helmet sales. Dealer direct sales increased 30%, while consumer direct sales grew 49%.
CEO Sean Macdonald expressed optimism about the future, highlighting innovative products and a strong balance sheet. The company continues its share repurchase program of up to $750,000. According to Bond.az analysis, Leatt earned a perfect Piotroski Score of 9, indicating exceptional financial strength.
