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Side-by-side financial comparison of TILLY'S, INC. (TLYS) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
TILLY'S, INC. is the larger business by last-quarter revenue ($139.6M vs $85.1M, roughly 1.6× VINCE HOLDING CORP.). VINCE HOLDING CORP. runs the higher net margin — 3.2% vs -1.0%, a 4.2% gap on every dollar of revenue. On growth, VINCE HOLDING CORP. posted the faster year-over-year revenue change (6.2% vs -2.7%). VINCE HOLDING CORP. produced more free cash flow last quarter ($-5.7M vs $-11.7M). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% CAGR vs -8.4%).
Tillys is an American retail clothing company that sells an assortment of branded apparel, accessories, shoes, and more. Tillys is headquartered and operated from Irvine, California.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
TLYS vs VNCE — Head-to-Head
Income Statement — Q4 2026 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $139.6M | $85.1M |
| Net Profit | $-1.4M | $2.7M |
| Gross Margin | 30.5% | 49.2% |
| Operating Margin | -1.4% | 6.4% |
| Net Margin | -1.0% | 3.2% |
| Revenue YoY | -2.7% | 6.2% |
| Net Profit YoY | 89.1% | -37.3% |
| EPS (diluted) | — | $0.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $139.6M | $85.1M | ||
| Q3 25 | $151.3M | $73.2M | ||
| Q2 25 | $107.6M | $57.9M | ||
| Q1 25 | — | $80.0M | ||
| Q4 24 | $143.4M | $80.2M | ||
| Q3 24 | $162.9M | $74.2M | ||
| Q2 24 | $115.9M | $59.2M | ||
| Q1 24 | — | $75.3M |
| Q4 25 | $-1.4M | $2.7M | ||
| Q3 25 | $3.2M | $12.1M | ||
| Q2 25 | $-22.2M | $-4.8M | ||
| Q1 25 | — | $-28.3M | ||
| Q4 24 | $-12.9M | $4.3M | ||
| Q3 24 | $-69.0K | $569.0K | ||
| Q2 24 | $-19.6M | $4.4M | ||
| Q1 24 | — | $-4.7M |
| Q4 25 | 30.5% | 49.2% | ||
| Q3 25 | 32.5% | 50.4% | ||
| Q2 25 | 19.8% | 50.3% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | 25.9% | 50.0% | ||
| Q3 24 | 30.7% | 47.4% | ||
| Q2 24 | 21.0% | 50.6% | ||
| Q1 24 | — | 45.4% |
| Q4 25 | -1.4% | 6.4% | ||
| Q3 25 | 1.8% | 15.2% | ||
| Q2 25 | -21.1% | -7.7% | ||
| Q1 25 | — | -37.1% | ||
| Q4 24 | -9.8% | 7.2% | ||
| Q3 24 | -0.5% | 1.5% | ||
| Q2 24 | -17.9% | 9.5% | ||
| Q1 24 | — | -2.2% |
| Q4 25 | -1.0% | 3.2% | ||
| Q3 25 | 2.1% | 16.5% | ||
| Q2 25 | -20.6% | -8.3% | ||
| Q1 25 | — | -35.5% | ||
| Q4 24 | -9.0% | 5.4% | ||
| Q3 24 | -0.0% | 0.8% | ||
| Q2 24 | -16.9% | 7.4% | ||
| Q1 24 | — | -6.2% |
| Q4 25 | — | $0.21 | ||
| Q3 25 | — | $0.93 | ||
| Q2 25 | — | $-0.37 | ||
| Q1 25 | — | $-2.25 | ||
| Q4 24 | — | $0.34 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.35 | ||
| Q1 24 | — | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.0M | $1.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $81.6M | $53.4M |
| Total Assets | $317.1M | $246.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.0M | $1.1M | ||
| Q3 25 | $50.7M | $777.0K | ||
| Q2 25 | $37.2M | $2.6M | ||
| Q1 25 | — | $607.0K | ||
| Q4 24 | $51.7M | $892.0K | ||
| Q3 24 | $76.7M | $711.0K | ||
| Q2 24 | $68.0M | $739.0K | ||
| Q1 24 | — | $357.0K |
| Q4 25 | $81.6M | $53.4M | ||
| Q3 25 | $82.5M | $49.3M | ||
| Q2 25 | $79.1M | $37.2M | ||
| Q1 25 | — | $41.8M | ||
| Q4 24 | $114.3M | $57.1M | ||
| Q3 24 | $126.8M | $52.4M | ||
| Q2 24 | $126.0M | $51.7M | ||
| Q1 24 | — | $47.2M |
| Q4 25 | $317.1M | $246.0M | ||
| Q3 25 | $345.5M | $239.0M | ||
| Q2 25 | $334.2M | $218.0M | ||
| Q1 25 | — | $222.7M | ||
| Q4 24 | $387.3M | $254.7M | ||
| Q3 24 | $429.2M | $253.6M | ||
| Q2 24 | $410.0M | $223.1M | ||
| Q1 24 | — | $225.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.4M | $-5.1M |
| Free Cash FlowOCF − Capex | $-11.7M | $-5.7M |
| FCF MarginFCF / Revenue | -8.4% | -6.7% |
| Capex IntensityCapex / Revenue | 0.9% | 0.7% |
| Cash ConversionOCF / Net Profit | — | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-32.9M | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-10.4M | $-5.1M | ||
| Q3 25 | $14.0M | $4.2M | ||
| Q2 25 | $-8.1M | $-11.8M | ||
| Q1 25 | — | $22.7M | ||
| Q4 24 | — | $6.4M | ||
| Q3 24 | $10.5M | $-3.2M | ||
| Q2 24 | $-25.7M | $-3.9M | ||
| Q1 24 | — | $14.8M |
| Q4 25 | $-11.7M | $-5.7M | ||
| Q3 25 | $13.4M | $2.1M | ||
| Q2 25 | $-9.6M | $-13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | $8.0M | $-3.9M | ||
| Q2 24 | $-27.8M | $-4.6M | ||
| Q1 24 | — | $14.2M |
| Q4 25 | -8.4% | -6.7% | ||
| Q3 25 | 8.9% | 2.9% | ||
| Q2 25 | -9.0% | -22.9% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | 4.9% | -5.2% | ||
| Q2 24 | -24.0% | -7.8% | ||
| Q1 24 | — | 18.9% |
| Q4 25 | 0.9% | 0.7% | ||
| Q3 25 | 0.3% | 2.9% | ||
| Q2 25 | 1.4% | 2.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | 1.5% | 0.9% | ||
| Q2 24 | 1.8% | 1.3% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | — | -1.86× | ||
| Q3 25 | 4.41× | 0.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | -5.61× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TLYS
| Retail Store | $110.3M | 79% |
| Ecommerce | $29.3M | 21% |
| Customer Loyalty Program | $1.6M | 1% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
