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Leslie's, Inc.(LESL)Earnings, Financials & Key Ratios
LESL•NASDAQ
$7.82
Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryHome Improvement RetailSub-IndustryHome improvement and flooring retailers
AboutLeslie's, Inc. operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards. The company also provides pool maintenance products, including pool closing and opening supplies, filter catridges, chlorine floaters, backwash and vacuum hoses, and cleaning attachments; parts, such as automatic pool cleaner parts, pool filter and pump parts, and pool heater and heat pump parts; and safety, recreational, and fitness-related products. In addition, it provides pool equipment and repair services. The company markets its products through 952 company operated locations in 38 states and e-commerce websites. It serves the residential, professional, and commercial consumers. The company was founded in 1963 and is headquartered in Phoenix, Arizona.Show more
- Revenue$1.24B-6.6%
- EBITDA$55M-38.9%
- Net Income-$237M-913.6%
- EPS (Diluted)-25.51-881.2%
- Gross Margin35.4%-1.2%
- EBITDA Margin4.44%-34.6%
- Operating Margin1.74%-59.4%
- Net Margin-19.08%-985.6%
LESL Price & Volume
Leslie's, Inc. (LESL) stock price & volume — 10-year historical chart
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Persistent Margin Erosion Challenges Leslie's Financial Stability
Investment Thesis • Updated 2026Q2
VerdictNegative: The company's inability to sustain profitability
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Seasonal Fixed Cost Deleveraging
Key Thesis Takeaways
- Leslie's faces a precarious fundamental outlook characterized by structural revenue contraction and significant seasonal operating leverage volatility.
- The company's transition to a negative equity position of $541.3 million as of 2026Q2, coupled with a sharp decline in goodwill to $29.0 million, suggests a fundamental impairment of its long-term asset base.
- Investors should remain cautious as the firm struggles to maintain positive net margins, with recent quarterly net losses reaching as high as $162.8 million in 2025Q4.
Verdict Logic
evidenced by a -28.4% net margin in 2026Q2 and a precarious cash position of only $16.9 million, presents substantial solvency risks for long-term investors.
LESL Growth Metrics
Leslie's, Inc. (LESL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years2.23%
3 Years-7.36%
TTM-7.46%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-512.43%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-505.91%
Return on Capital
10 Years25.14%
5 Years17.9%
3 Years7.78%
Last Year3.24%
LESL Recent Earnings
Leslie's, Inc. (LESL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$5.36-21.5%
$4.41
Rev
$185M+13.7%
$162M
Q1 2026
Feb 17, 2026Metric
Actual
Est
EPS
$5.24-22.7%
$4.27
Rev
$147M-7.1%
$158M
Q4 2025
Dec 2, 2025Metric
Actual
Est
EPS
$0.09-92.0%
$1.12
Rev
$389M+4.7%
$372M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$4.00-4.8%
$4.20
Rev
$500M+34.7%
$372M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $5.36vs $4.41-21.5% | $185Mvs $162M+13.7% |
| Q1 2026 | Feb 17, 2026 | $5.24vs $4.27-22.7% | $147Mvs $158M-7.1% |
| Q4 2025 | Dec 2, 2025 | $0.09vs $1.12-92.0% | $389Mvs $372M+4.7% |
| Q3 2025 | Aug 6, 2025 | $4.00vs $4.20-4.8% | $500Mvs $372M+34.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Leslie's, Inc. (LESL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $7.82 | $73.19M | -0.31 | -6.63% | -19.08% | — | — | |
| $69.55 | $372.48M | 19.59 | 6.86% | 6.79% | 17.68% | — | |
| $209.62 | $7.69B | 19.32 | -0.41% | 7.58% | 32.17% | — | |
| $192.11 | $7.95B | 23.31 | 4.51% | 14.92% | 16.86% | — | |
| $16.44 | $3.57B | 24.18 | 6.71% | 13.98% | 10.32% | — | |
| $389.44 | $15.83B | 31.79 | -4.98% | 6.85% | 15.31% | — |
Compare LESL vs Peers
Leslie's, Inc. (LESL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LESL SEC Filings & Documents
Leslie's, Inc. (LESL) SEC filings — annual & quarterly reports (10-K, 10-Q)
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LESL Frequently Asked Questions
Leslie's, Inc. (LESL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Leslie's, Inc.'s revenue?
Leslie's, Inc. (LESL) reported $1.22B in revenue for fiscal year 2025. This represents a 37% increase from $892.6M in 2018.
How fast is Leslie's, Inc. growing?
Leslie's, Inc. (LESL) saw revenue decline by 6.6% over the past year.
Is LESL profitable?
Leslie's, Inc. (LESL) reported a net loss of $276.6M for fiscal year 2025.
Dividend & Returns
What is Leslie's, Inc.'s free cash flow?
Leslie's, Inc. (LESL) generated $2.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.