LESLQ on Nasdaq

Leslie's, Inc.

We operate primarily in the pool and spa aftermarket industry, a fundamentally attractive category in retail, given its scale, historical predictability, and growth outlook.4 From its latest annual report

Price unavailable

Last updated Oct 19, 2026.

Overview

$1.2BRevenue, fiscal 20252
-$237.0MNet income, fiscal 20252

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  • TickerLESLQ on Nasdaq1
  • IndustryRetail-Retail Stores, NEC1
  • HeadquartersPhoenix, Arizona1
  • Incorporated inDE3
  • Business address2005 E. Indian School Road, Phoenix, Az 850163
  • Filer categoryAccelerated filer, Smaller reporting company3

We operate primarily in the pool and spa aftermarket industry, a fundamentally attractive category in retail, given its scale, historical predictability, and growth outlook. More than 85% of our product assortment is comprised of non-discretionary products essential to the care of residential and commercial pools and spas. This includes chemicals, new and replacement parts, cleaning and maintenance equipment, safety, recreational, and fitness-related products. We also offer important essential services, such as equipment installation and repair for residential and commercial customers. We have relationships with professional pool operators from major hotel and apartment owners to municipal, county and state governments, all the way to sole proprietors. In addition to a strong consumer and commercial retail and service presence, we operate a wholesale specialty pool and spa parts distribu…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

35.4%Gross margin2
-13.7%Operating margin2
-19.1%Net margin2
-6.6%Revenue growth, 20252
-$16.7MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$802.3M
  • Selling, general and admin33¢$425.7M
  • Interest5¢$62.9M
  • Income tax0¢$4.2M

Out of $1.2B in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending100¢$25.5M

Out of $8.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2

Financial statements

Revenue56782$1.2B in 2025+34% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $928.2M$928.2M20192020: $1.1B$1.1B2020+20%2021: $1.3B$1.3B2021+21%2022: $1.6B$1.6B2022+16%2023: $1.5B$1.5B2023−7%2024: $1.3B$1.3B2024−8%2025: $1.2B$1.2B2025−7%
Gross profit56782$439.6M in 2025+16% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $379.7M$379.7M20192020: $460.7M$460.7M2020+21%2021: $595.2M$595.2M2021+29%2022: $673.7M$673.7M2022+13%2023: $548.2M$548.2M2023−19%2024: $476.8M$476.8M2024−13%2025: $439.6M$439.6M2025−8%
Operating income56782-$169.9M in 2025
-$200.0M0$200.0M$400.0M2019: $121.6M$121.6M20192020: $146.4M$146.4M2020+20%2021: $209.1M$209.1M2021+43%2022: $238.8M$238.8M2022+14%2023: $102.2M$102.2M2023−57%2024: $57.1M$57.1M2024−44%2025: -$169.9M-$169.9M2025
Net income56782-$237.0M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M$200.0M2019: $702.0K$702.0K20192020: $58.6M$58.6M2020+8242%2021: $126.6M$126.6M2021+116%2022: $159.0M$159.0M2022+26%2023: $27.2M$27.2M2023−83%2024: -$23.4M-$23.4M20242025: -$237.0M-$237.0M2025+914%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-09-302024-09-302023-09-30
Sales$1.2B$1.3B$1.5B
Cost of merchandise and services sold$802.3M$853.3M$903.0M
Gross profit$439.6M$476.8M$548.2M
Selling, general and administrative expenses$425.7M$419.7M$446.0M
Impairment$183.8M$0$0
Operating (loss) income-$169.9M$57.1M$102.2M
Interest expense$62.9M$70.4M$65.4M
Net (loss) income before taxes-$232.8M-$13.3M$36.7M
Income tax expense$4.2M$10.1M$9.5M
Net (loss) income-$237.0M-$23.4M$27.2M
Basic-$25.57-$2.53$2.96
Diluted-$25.57-$2.53$2.95
Basic9.3M shares9.2M shares9.2M shares
Diluted9.3M shares9.2M shares9.2M shares

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Leadership

Who has led Leslie's, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (25)

Timeline

  1. Sep 10, 2024New chief executive Jason McDonell becomes CEO12
  2. Oct 29, 2020New chief executive Michael R. Egeck becomes CEO13

Filings

343 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 57 major events, 189 insider forms, 47 large holders, 30 other. The latest 20:

  1. Oct 7, 20264 EDGAR
  2. Oct 5, 20268-K EDGAR
  3. Sep 30, 20268-K EDGAR
  4. Sep 10, 20264 EDGAR
  5. Aug 27, 20264 EDGAR
  6. Aug 27, 20264 EDGAR
  7. Aug 14, 2026SCHEDULE 13G/A EDGAR
  8. Aug 14, 20264 EDGAR
  9. Aug 13, 2026SCHEDULE 13G/A EDGAR
  10. Aug 12, 202610-Q EDGAR
  11. Aug 12, 20268-K EDGAR
  12. Aug 7, 2026SCHEDULE 13G/A EDGAR
  13. Aug 7, 2026SCHEDULE 13G/A EDGAR
  14. Jun 25, 2026SCHEDULE 13G EDGAR
  15. Jun 1, 20268-K EDGAR
  16. May 26, 20264 EDGAR
  17. May 20, 2026SCHEDULE 13G EDGAR
  18. May 19, 20264 EDGAR
  19. May 13, 202610-Q EDGAR
  20. May 13, 20268-K EDGAR

The 343 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 14 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 13, 2025Iskander Anthony ASee RemarksBuy63,995$0.78$49.9KForm 4
May 13, 2025Strain JohnDirectorBuy150,000$0.79$118.5KForm 4
May 13, 2025OFarrell Susan CDirectorBuy31,500$0.80$25.2KForm 4
May 13, 2025Naylor MaileDirectorBuy12,000$0.83$10.0KForm 4
Sep 6, 2024Daniel YolandaDirectorBuy6,000$3.09$18.5KForm 4
Sep 3, 2024Estep Jonathan SDirectorBuy17,200$2.90$49.9KForm 4
Aug 30, 2024Naylor MaileDirectorBuy8,300$3.00$24.9KForm 4
Aug 29, 2024Spofford ClaireDirectorBuy39,600$2.52$99.8KForm 4
Aug 29, 2024Bowman Scott JustinFormer Chief Financial OfficerBuy100,000$2.58$258.0KForm 4
Aug 29, 2024Strain JohnDirectorBuy120,000$2.53$303.6KForm 4
Aug 7, 2023Weddell Steven MSee RemarksBuy25,000$6.92$173.0KForm 4
Aug 7, 2023Egeck Michael R.Chief Executive OfficerBuy50,000$6.93$346.5KForm 4
Dec 12, 2022Dahnke Scott ArnoldSale9,343,499$12.02$112.3MForm 4
Sep 26, 2022Gazaway BradSee RemarksSale3,335$14.82$49.4KForm 4
May 12, 2022LaBode MoyoSee RemarksSale4,696$17.48$82.1KForm 4
Feb 8, 2022Egeck Michael R.Chief Executive OfficerBuy101,700$19.66$2.0MForm 4
Feb 8, 2022Weddell Steven MSee RemarksBuy25,000$19.80$495.0KForm 4
Dec 16, 2021GIC Special Investments Pte Ltd10% ownerSale8,249,690$20.25$167.1MForm 4
Dec 16, 2021Bubbles Investor Aggregator, L.P.Sale13,625,310$20.25$275.9MForm 4
Nov 22, 2021Baker PaulaChief Revenue OfficerSale25,156$20.70$520.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 46. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Ariel Investments, LLC2,416,405$24.5M0.2%−466,589
Jane Street Group, LLC546,799$5.6M0.0%+527,062
Lind Value II ApS454,620$4.6M0.7%No change
Josh Arnold Investment Consultant, LLC380,270$3.9M2.4%New
Vanguard Capital Management LLC253,234$2.6M0.0%−27,712
BlackRock, Inc.199,560$2.0M0.0%+3,394
Goldman Sachs Group Inc91,876$932.5K0.0%+1,619
Geode Capital Management, LLC80,740$820.0K0.0%−23,839
Performa Ltd (US), LLC57,700$585.7K0.1%−90,300
Sei Investments Co57,611$584.7K0.0%+2,760
State Street Corp44,624$452.9K0.0%No change
Bank Of America Corp /de/43,668$443.2K0.0%−43,055
Two Sigma Investments, LP42,127$427.6K0.0%−1,708
Scientech Research LLC39,420$400.1K0.3%New
Vanguard Portfolio Management LLC34,601$351.2K0.0%−78
Vanguard Fiduciary Trust Co34,177$346.9K0.0%No change
Trexquant Investment LP30,599$310.6K0.0%New
Renaissance Technologies LLC28,653$290.8K0.0%+10,300
Citadel Advisors LLC27,645$280.6K0.0%New
XTX Topco Ltd26,962$273.7K0.0%+2,558
Walleye Capital LLC26,768$271.7K0.0%New
Everhart Financial Group, Inc.23,529$238.8K0.0%+1,321
Bank of New York Mellon Corp22,456$227.9K0.0%No change
Group One Trading LLC16,364$166.1K0.0%New
Northern Trust Corp14,810$150.3K0.0%+4,578

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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