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Financials · TLF

Tandy Leather Factory Inc. (TLF) financials

For the twelve months ended Jun 30, 2026, Tandy Leather Factory Inc. reported $77.21M of revenue and -$1.65M of net income.

Revenue, TTM
$77.21M
Revenue growth, YoY
+3.4%
Net income, TTM
-$1.65M
Net margin
-2.1%
Free cash flow, TTM
-$2.30M
EPS, diluted, TTM
-$0.15
Cash
$6.44M
P/S
0.22
Market cap
$17.4M
Annual revenue$76.32M
FY2016FY2025
Annual net income$9.10M
FY2016FY2025
Annual free cash flow-$8.09M
FY2016FY2025

TLF revenue and earnings growth

TLF revenueQ2 2026$18.04M

Quarter YoY
+1.5%
QoQ
-8.2%
FY YoY
+2.6%
5Y CAGR
+3.6%
10Y CAGR
-1.0%

TLF revenue was $18.04M in fiscal Q2 2026 (ended Jun 30, 2026), up 1.5% from a year earlier and down 8.2% from the prior quarter. For the full fiscal 2025 it was $76.32M, up 2.6% from fiscal 2024. Compound annual growth was +3.6% over 5 years and -1.0% over 10 years. It rose in 3 of the last 10 fiscal years.

TLF net incomeQ2 2026$409.0K

QoQ
+84.2%
FY YoY
11x
10Y CAGR
+3.6%

TLF net income was $409.0K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$199.0K a year earlier and up 84.2% from the prior quarter. For the full fiscal 2025 it was $9.10M, up about 11-fold from fiscal 2024. Compound annual growth was +3.6% over 10 years. It rose in 2 of the last 4 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

TLF EPSQ2 2026$0.05

QoQ
+66.7%
FY YoY
12x
10Y CAGR
+5.7%

TLF diluted EPS was $0.05 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.02 a year earlier and up 66.7% from the prior quarter. For the full fiscal 2025 it was $1.10, up about 12-fold from fiscal 2024. Compound annual growth was +5.7% over 10 years.

TLF free cash flowQ2 2026-$3.69M

TLF free cash flow was -$3.69M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$7.29M a year earlier. For the full fiscal 2025 it was -$8.09M, compared with $1.56M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$76.32M$74.39M$76.23M$80.33M$82.66M$64.08M$74.92M$83.20M$82.42M$82.92M
Cost of revenue$32.78M$32.59M$31.07M$33.84M$35.66M$28.03M$32.96M$32.26M$33.33M$31.21M
Gross profit$43.54M$41.80M$45.16M$46.50M$47.00M$36.06M$41.96M$50.94M$49.09M$51.71M
Operating income-$963.0K$628.0K$4.41M$1.39M$2.30M-$6.35M-$2.60M$5.96M$6.38M$10.30M
Interest expense----$16.0K$7.0K$36.0K$305.0K$205.6K$155.2K
Pre-tax income$12.30M$1.09M$4.54M$1.41M$2.19M-$6.28M-$2.59M$6.21M$6.34M$10.20M
Income tax$3.20M$264.0K$777.0K$181.0K$839.0K-$1.38M-$690.0K$1.81M$3.86M$3.80M
Net income$9.10M$827.0K$3.77M$1.23M$1.35M-$4.90M-$1.90M$4.40M$2.48M$6.40M
EPS, basic$1.11$0.10$0.45$0.15$0.16-$0.54-$0.21$0.48$0.27$0.69
EPS, diluted$1.10$0.09$0.45$0.15$0.16-$0.54-$0.21$0.48$0.27$0.69
Diluted shares8.3M8.8M8.4M8.4M8.7M9.1M9.0M9.2M9.2M9.3M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$16.09M$13.27M$12.16M$7.97M$10.15M$10.33M$15.90M$24.07M$18.08M$16.86M
Short-term investments------$9.15M$0--
Receivables$425.0K$331.0K$300.0K$400.0K$600.0K$400.0K$409.0K$408.2K$461.2K$561.0K
Inventory$33.24M$35.56M$37.99M$38.23M$38.08M$36.78M$24.04M$33.30M$34.55M$33.18M
Current assets$50.58M$50.54M$51.25M$47.25M$50.45M$51.01M$52.52M$59.82M$54.81M$53.31M
Goodwill------$0$954.8K$962.9K$956.2K
Total assets$86.63M$74.92M$72.14M$68.58M$73.08M$75.69M$80.11M$76.78M$72.87M$70.65M
Current liabilities$9.80M$9.89M$8.93M$8.87M$12.21M$12.92M$12.23M$8.08M$8.42M$8.25M
Short-term debt---$0$79.0K$0$0$519.5K$614.3K$614.3K
Long-term debt---$0$336.0K$446.0K$0$8.45M$6.76M$6.76M
Total debt---$0$415.0K$446.0K$0$8.97M$7.37M$7.37M
Shareholders' equity$52.59M$57.15M$56.35M$51.46M$51.50M$52.19M$56.42M$58.29M$55.90M$52.54M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$556.0K$4.55M$4.54M$1.15M$3.72M-$12.53M$10.47M$7.77M$2.47M$7.72M
Capital expenditures$7.54M$2.98M$576.0K$635.0K$1.00M$1.31M$269.0K$1.09M$1.69M$1.70M
Free cash flow-$8.09M$1.56M$3.96M$519.0K$2.71M-$13.84M$10.20M$6.68M$773.8K$6.02M
Investing cash flow$17.36M-$2.98M-$576.0K-$625.0K-$1.00M$6.26M-$9.16M-$1.06M-$1.66M-$1.55M
Financing cash flow-$14.11M-$1.0K-$26.0K-$2.17M-$2.78M$416.0K-$9.70M-$57.0K$150.7K-$94.5K
Dividends paid$12.74M$0--------
Share repurchases$1.36M$0$11.0K$1.80M$2.74M$0$735.0K$1.65M$0$3.68M
Stock-based compensation$484.0K$548.0K$770.0K$1.06M$797.0K$887.0K$770.0K$327.6K$239.6K$199.9K
Depreciation and amortization-------$1.80M$1.88M$1.72M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY2.6%-2.4%-5.1%-2.8%29.0%-14.5%-10.0%0.9%-0.6%-1.5%
Net income growth, YoY1000.6%-78.1%207.1%-9.4%---77.5%-61.3%-0.0%
EPS growth, YoY1122.2%-80.0%200.0%-6.3%---77.8%-60.9%9.5%
Gross margin57.0%56.2%59.2%57.9%56.9%56.3%56.0%61.2%59.6%62.4%
Operating margin-1.3%0.8%5.8%1.7%2.8%-9.9%-3.5%7.2%7.7%12.4%
Net margin11.9%1.1%4.9%1.5%1.6%-7.6%-2.5%5.3%3.0%7.7%
Free cash flow margin-10.6%2.1%5.2%0.6%3.3%-21.6%13.6%8.0%0.9%7.3%
Return on equity17.3%1.4%6.7%2.4%2.6%-9.4%-3.4%7.5%4.4%12.2%
Return on assets10.5%1.1%5.2%1.8%1.9%-6.5%-2.4%5.7%3.4%9.1%
Current ratio5.165.115.745.334.133.954.297.416.516.47
Debt to equity---0.000.010.010.000.150.130.14

Source: XBRL data Tandy Leather Factory Inc. files with the SEC, latest filing dated Aug 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TLF peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TLF$77.21M+3.4%-$1.65M-2.1%$17.4M
TPR$8.19B+13.7%$1.61B19.7%$26.74B
AS$6.57B+26.7%$427.40M6.5%$18.10B
LULU$11.09B+1.7%$1.42B12.8%$11.88B
LEVI$6.68B+6.6%$589.70M8.8%$9.24B
GIL$3.62B+10.7%$398.88M11.0%$6.76B
ZGN€1.92B-1.5%€98.58M5.1%$3.85B
COLM$3.43B+0.1%$238.77M7.0%$3.65B
FIGS$749.11M+28.9%$72.45M9.7%$3.58B

TLF FAQ

9 questions
  • What is TLF revenue?
    Tandy Leather Factory Inc. (TLF) reported $77.21M of revenue for the twelve months ended Jun 30, 2026. That is up 3.4% from the year before. Revenue for fiscal 2025 was $76.32M.
  • Is TLF profitable?
    No. Tandy Leather Factory Inc. reported a net loss of $1.65M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does TLF have?
    Tandy Leather Factory Inc. reported $6.44M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is TLF revenue growing?
    Tandy Leather Factory Inc.'s revenue changed +2.6% in fiscal 2025, to $76.32M. Its compound annual growth rate was +3.6% over 5 years and -1.0% over 10 years.
  • What is TLF gross margin?
    Tandy Leather Factory Inc.'s gross profit was $45.94M on $77.21M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 59.5%.
  • What is TLF free cash flow?
    Tandy Leather Factory Inc. generated -$2.30M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $1.22M less capital expenditures.
  • What is TLF earnings per share?
    Diluted earnings per share were -$0.15 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did TLF last report financial results?
    The latest statements here come from Tandy Leather Factory Inc.'s 10-Q filed on Aug 11, 2026, covering the period ended Jun 30, 2026.
  • Where does this TLF financial data come from?
    Quantisnow builds these statements from the structured XBRL data Tandy Leather Factory Inc. files with the SEC. It is provided for information only and is not investment advice.