---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-009301"
form_type: "8-K"
ticker: "LEAT"
cik: "0001456189"
company_name: "Leatt Corp"
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T08:21:18.591317+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leatt Corp Q1 2025 revenue up 45% to $15.37M; net income $1.12M vs prior-year loss

## Summary
- Revenue $15.37M, +45% YoY; net income $1.12M ($0.18 basic EPS) vs net loss ($0.82M) in Q1 2024.
- Gross profit $6.72M (+68% YoY); margin expanded from 38% to 44%.
- Helmet revenues surged 101% YoY; body armor +37%; other products +33%.
- Cash & equivalents $12.70M; operating cash flow $768K; current ratio 7.3:1.
- U.S. dealer-direct sales declined 9%; international distributor sales rose 79%.

## SEC filing metadata
- accession: 0001062993-25-009301
- form_type: 8-K
- ticker: LEAT
- cik: 0001456189
- company_name: Leatt Corp
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1456189/000106299325009301/0001062993-25-009301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1456189/000106299325009301/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-009301
- JSON: https://secwatch.observer/filing/0001062993-25-009301.json
- Plain text: https://secwatch.observer/filing/0001062993-25-009301.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.