CAPE TOWN, South Africa (BRAIN) — Leatt Corporation third-quarter revenue increased 43% year-over-year, the protective brand's best quarter in four years.
For the period ending Sept. 30, Leatt revenue was $20.46 million, compared with $14.34 million at the same time last year. Consumer-direct sales grew 24% and global distributors sales were up 52%.
U.S. sales jumped 24% to $5.33 million during the quarter, while internationally, sales rose 50% to $15.12 million. Other than neck brace sales, all other product categories showed growth.
"The third quarter of 2026 was a strong quarter by nearly every measure," said CEO Sean Macdonald.
During the quarter, Leatt introduced the GRiTT lineup of bike-care products for cleaning, maintenance, and protection for pedal and motorized applications. Leatt said initial shipments have exceeded expectations.
Net income increased 309% to $2.2 million, compared with $539,256 at the same time last year, while earnings per share increased from $0.09 to $0.35.
Leatt is traded on the OTCQB markets under the LEAT symbol.
