Verdict
Head-to-head · Best EDC Multi-Tools

Leatherman Wave Alpha vs Leatherman Wave+

Which is the better buy? Side-by-side on rating, price, strengths, and watch-outs — with the published ratings we averaged to get there.

The short answer

Leatherman Wave Alpha comes out ahead by a narrow margin (4.8 vs 4.7). The gap is mostly about buyers who want the best-built, best-cutting full-size Leatherman — read the strengths below before deciding.

Leatherman Wave Alpha
Higher ratedRanked #1 in Best EDC Multi-Tools
Leatherman Wave Alpha
$199.95as of Jun 7

The Leatherman Wave Alpha, launched in October 2025, is the premium evolution of the best-selling Wave platform. It is the first Wave with a MagnaCut reverse-tanto blade, adds full-size one-handed scissors, and wraps it all in contoured topo-textured G10 handles. GearJunkie scored it 9.8/10, calling the MagnaCut blade and full-size scissors meaningful upgrades fans have asked for, and The Gadgeteer praised the scissors as cutting exquisitely. At $199.95 it costs about $80 more than the Wave+ and ships without a pouch or clip, but for buyers who want the best-built, best-cutting Wave, the Alpha is the new flagship.

Strengths
  • First Wave with a premium MagnaCut reverse-tanto blade for elite edge retention and rust resistance
  • Full-size, one-handed outside scissors, the largest cutting surface on any plier-based Leatherman
  • Contoured topo-textured G10 handle scales improve grip and look striking
Watch-outs
  • At $199.95 it costs roughly $80 more than the original Wave+
  • Ships without a pouch or pocket clip in the box
  • At 8.25 oz it is still a heavy pocket carry
Leatherman Wave+
Ranked #2 in Best EDC Multi-Tools
Leatherman Wave+
$103.95as of Jun 7

The Leatherman Wave+ has been the benchmark full-size multi-tool for years, and it remains the best all-around value in the category. Its 18 tools include outside-opening blades and a saw, spring-action scissors, replaceable wire cutters and a full set of drivers, all backed by a 25-year warranty. OutdoorGearLab scored it 74/100 and called the value undeniable, while CleverHiker rated it a perfect 5.0/5 as its overall favorite. The main knocks are weight and a proprietary bit format, but for someone who actually uses a multi-tool regularly, the Wave+ delivers the most capability per dollar of anything here.

Strengths
  • 18 tools cover nearly every EDC need: pliers, two blades, saw, file, scissors and screwdrivers
  • Four tools open from the outside, so blades and saw deploy without unfolding the pliers
  • Replaceable wire cutters mean the most-worn part can be swapped instead of scrapping the tool
Watch-outs
  • At around 8.5 oz it is heavy for pocket carry without the included sheath
  • Proprietary flat-bit driver is not compatible with standard 1/4-inch bits
  • Scissors are internally nested and smaller than the new Wave Alpha's

How they stack up

Leatherman Wave Alpha

The Wave Alpha is the premium version of the Leatherman Wave+, sharing its outside-opening layout but upgrading to a MagnaCut blade, G10 handles and full-size scissors at roughly double the price. It is dramatically more capable than the minimalist Leatherman Skeletool CX or the slim Gerber Armbar Drive, and unlike the non-locking Victorinox Huntsman, every tool locks. Its blade steel is the best in this group, outclassing the Wave+'s 420HC and the Skeletool CX's 154CM.

Leatherman Wave+

The Wave+ is the value champion of this group, delivering the same outside-opening design as the pricier Leatherman Wave Alpha for roughly half the money. It carries far more tools than the minimalist Leatherman Skeletool CX and the slim Gerber Armbar Drive, and unlike the no-lock Victorinox Huntsman, all 18 of its tools lock. Its scissors are nested and smaller than the Wave Alpha's new full-size pair, and its 420HC blade trails the Alpha's premium steel.

Specs side-by-side

SpecLeatherman Wave AlphaLeatherman Wave+
Tools1618
Blade SteelCPM MagnaCut420HC
Weight8.25 oz8.5 oz
Handle MaterialTopo-textured G10
ScissorsFull-size, one-handed
Key ToolsPliers, blade, saw, file, scissorsPliers, 2 blades, saw, file, scissors
OriginMade in USAMade in USA
Warranty25-year limited25-year limited
Closed Length4.0 in
Wire CuttersReplaceable
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