Quick Answer
Leatt Corp reported R&D Expense of $2.70 million for fiscal year 2025.
Leatt Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.70M | +7.1% |
| 2024 | $2.52M | -0.1% |
| 2023 | $2.53M | +15.9% |
| 2022 | $2.18M | +19.3% |
| 2021 | $1.83M | +20.0% |
| 2020 | $1.52M | +2.1% |
| 2019 | $1.49M | +5.5% |
| 2018 | $1.41M | +4.0% |
| 2017 | $1.36M | -5.9% |
| 2016 | $1.44M | +22.3% |
| 2015 | $1.18M | -3.4% |
| 2014 | $1.22M | +4.5% |
| 2013 | $1.17M | +5.7% |
| 2012 | $1.11M | -9.6% |
| 2011 | $1.22M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $688.2K | +11.0% | +11.6% |
| June 30, 2025 | $616.8K | -1.9% | -7.2% |
| March 31, 2025 | $664.5K | +19.6% | +7.2% |
| September 30, 2024 | $620.0K | +1.5% | -1.4% |
| June 30, 2024 | $628.8K | -0.7% | +13.1% |
| March 31, 2024 | $555.8K | -5.0% | -9.0% |
| September 30, 2023 | $610.6K | +21.7% | -3.5% |
| June 30, 2023 | $633.0K | +31.6% | +8.2% |
- Leatt Corp showed an increase of +7.1% in R&D Expense compared to the prior fiscal year.
- Over the 2011–2025 period, Leatt Corp’s r&d expense has grown by 120.7% (from $1.22 million to $2.70 million).
- The most recent figure is from Leatt Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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