The purpose of the study is to explore how preschool teachers, through reflection, understand and describe their pedagogical leadership. The theoretical framework of this study draws upon the theories of Aristotle [1967. Den nikomachiska etiken. [The Nicomachean Ethics]. Stockholm: Daidalos] who highlighted that knowledge can be seen from both theory and practice perspectives through episteme, techne, and phronesis. The study was conducted within a qualitative research paradigm. The methodological steps of dialogue seminar [Hammar & eacute;n, M. 1999. "Ledtr & aring;d i f & ouml;rvandling: om att skapa en reflekterande praxis." In Clues in Transformation: On Creating a Reflective Practice. Stockholm: Dialoger.] were completed with 12 preschool teachers in Sweden. Data were analyzed through a hermeneutic approach with several phases where the context and the study's knowledge-theoretical starting points formed an understanding of the empirical evidence [Gadamer, H. 1997. "Sanning och metod: i urval." In Truth and Method: In Selection. Gothenburg: Daidalos.]. The results reveal the complexity of pedagogical leadership in preschool, in which pedagogical actions are left to the responsibility of preschool teachers. Thus, regardless of theoretical knowledge, preschool teachers might need to use their judgment or practical wisdom (phronesis) to decide how to lead in an educational situation.