Flagship explainer

How LESLIE’S, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.2B · 100%Cost of revenue$802M · 65%Gross profit$440M · 35%Operating income−$170M · −14%Income before tax−$233M · −19%Income tax$4.2M · 0%Net income−$237M · −19%As of 2025-10-04 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.2B100%
Cost of revenue$802M65%
$440M35%
−$170M−14%
Income before tax−$233M−19%
Income tax$4.2M0%
−$237M−19%
Source: · event Oct 4, 2025 · retrieved Jul 26, 2026 · annual-row source set
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