Despite surge in MTB helmet sales, Leatt revenue decreases 31% year-over-year

August 10, 2023

Leatt Corporation’s second-quarter revenue decreased 31% year-over-year despite mountain bike and moto helmet sales increasing 48% compared with the same time last year.

Global revenue for the quarter ending June 30 was $12.35 million, compared with $17.93 million at the same time last year. Helmet sales accounted for $3.52 million, making up 29% of the protective gear brand’s second-quarter total revenue. BRAIN