Leslie's, Inc.LESLEarnings & Financial Report
Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.
LESL Q1 FY2026 Key Financial Metrics
Revenue
$147.1M
Gross Profit
$27.1M
Operating Profit
$-68.7M
Net Profit
$-83.0M
Gross Margin
18.4%
Operating Margin
-46.7%
Net Margin
-56.4%
YoY Growth
-16.0%
EPS
$-8.92
Leslie's, Inc. Q1 FY2026 Financial Summary
Leslie's, Inc. reported revenue of $147.1M (down 16.0% YoY) for Q1 FY2026, with a net profit of $-83.0M (down 86.2% YoY) (-56.4% margin). Cost of goods sold was $120.1M, operating expenses totaled $95.8M.
Key Financial Metrics
| Total Revenue | $147.1M |
|---|---|
| Net Profit | $-83.0M |
| Gross Margin | 18.4% |
| Operating Margin | -46.7% |
| Report Period | Q1 FY2026 |
Leslie's, Inc. Annual Revenue by Year
Leslie's, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
Leslie's, Inc. Quarterly Revenue & Net Profit History
Leslie's, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $147.1M | -16.0% | $-83.0M | -56.4% |
| Q4 FY2025 | $389.2M | -2.2% | $-162.8M | -41.8% |
| Q3 FY2025 | $500.3M | -12.2% | $21.7M | 4.3% |
| Q2 FY2025 | $177.1M | -6.1% | $-51.3M | -29.0% |
| Q1 FY2025 | $175.2M | +0.7% | $-44.6M | -25.4% |
| Q4 FY2024 | $397.9M | -8.0% | $-9.9M | -2.5% |
| Q3 FY2024 | $569.6M | -6.8% | $60.6M | 10.6% |
| Q2 FY2024 | $188.7M | -11.4% | $-34.6M | -18.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $188.7M | $569.6M | $397.9M | $175.2M | $177.1M | $500.3M | $389.2M | $147.1M |
| YoY Growth | -11.4% | -6.8% | -8.0% | 0.7% | -6.1% | -12.2% | -2.2% | -16.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.10B | $1.11B | $1.05B | $967.0M | $1.04B | $989.5M | $741.5M | $649.4M |
| Liabilities | $1.33B | $1.27B | $1.23B | $1.19B | $1.31B | $1.24B | $1.15B | $1.14B |
| Equity | $-231.0M | $-168.2M | $-177.1M | $-220.0M | $-269.5M | $-246.2M | $-408.0M | $-489.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-43.2M | $175.5M | $47.1M | $-105.1M | $-49.2M | $114.9M | $48.2M | $-81.1M |