TANDY LEATHER FACTORY INCTLFEarnings & Financial Report
Tandy Leather Factory, Inc. is an American specialty retailer and wholesale distributor of leather and leatherwork related products. It operates more than 100 stores worldwide. Originally part of the Tandy Corporation, Tandy Leather has gone through a series of acquisitions and mergers, eventually being sold to The Leather Factory in 2000. The Tandy Leather flagship store next to their corporate headquarters in Fort Worth, Texas also houses the Al and Ann Stohlman Leathercraft Museum.
TLF Q4 FY2025 Key Financial Metrics
Revenue
$22.3M
Gross Profit
$12.1M
Operating Profit
$-613.0K
Net Profit
$-930.0K
Gross Margin
54.3%
Operating Margin
-2.8%
Net Margin
-4.2%
YoY Growth
8.7%
EPS
$-0.18
TANDY LEATHER FACTORY INC Q4 FY2025 Financial Summary
TANDY LEATHER FACTORY INC reported revenue of $22.3M (up 8.7% YoY) for Q4 FY2025, with a net profit of $-930.0K (down 379.3% YoY) (-4.2% margin). Cost of goods sold was $10.2M, operating expenses totaled $12.7M.
Key Financial Metrics
| Total Revenue | $22.3M |
|---|---|
| Net Profit | $-930.0K |
| Gross Margin | 54.3% |
| Operating Margin | -2.8% |
| Report Period | Q4 FY2025 |
TANDY LEATHER FACTORY INC Annual Revenue by Year
TANDY LEATHER FACTORY INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $76.3M).
TANDY LEATHER FACTORY INC Quarterly Revenue & Net Profit History
TANDY LEATHER FACTORY INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $22.3M | +8.7% | $-930.0K | -4.2% |
| Q3 FY2025 | $17.3M | -0.5% | $-1.4M | -7.8% |
| Q2 FY2025 | $17.8M | +2.8% | $-199.0K | -1.1% |
| Q1 FY2025 | $19.0M | -1.2% | $11.6M | 60.8% |
| Q4 FY2024 | $20.5M | -1.8% | $333.0K | 1.6% |
| Q3 FY2024 | $17.4M | -1.1% | $-132.0K | -0.8% |
| Q2 FY2024 | $17.3M | -1.1% | $101.0K | 0.6% |
| Q1 FY2024 | $19.3M | -5.3% | $525.0K | 2.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.3M | $17.3M | $17.4M | $20.5M | $19.0M | $17.8M | $17.3M | $22.3M |
| YoY Growth | -5.3% | -1.1% | -1.1% | -1.8% | -1.2% | 2.8% | -0.5% | 8.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $72.4M | $72.8M | $73.0M | $74.9M | $77.9M | $76.5M | $84.5M | $86.6M |
| Liabilities | $15.2M | $15.3M | $15.4M | $17.8M | $22.1M | $20.4M | $31.2M | $34.0M |
| Equity | $57.2M | $57.5M | $57.6M | $57.2M | $55.8M | $56.1M | $53.4M | $52.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.1M | $-514000 | $-535000 | $4.5M | $-536000 | $-4.0M | $-1.0M | $5.0M |