TANDY LEATHER FACTORY, INC
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $76.3M | $74.4M | $76.2M | $80.3M | $82.7M | $64.1M | $74.9M |
| Cost of Revenue | — | $32.8M | $32.6M | $31.1M | $33.8M | $35.7M | $28.0M | $33.0M |
| Gross Profit | — | $43.5M | $41.8M | $45.2M | $46.5M | $47.0M | $36.1M | $42.0M |
| Gross Margin | — | 57.0% | 56.2% | 59.2% | 57.9% | 56.9% | 56.3% | 56.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $-963.0K | $628.0K | $4.4M | $1.4M | $2.3M | $-6.3M | $-2.6M |
| Operating Margin | — | -1.3% | 0.8% | 5.8% | 1.7% | 2.8% | -9.9% | -3.5% |
| Interest Expense | — | — | — | — | — | $16.0K | $7.0K | $36.0K |
| Pretax Income | — | $12.3M | $1.1M | $4.5M | $1.4M | $2.2M | $-6.3M | $-2.6M |
| Income Tax Expense | — | $3.2M | $264.0K | $777.0K | $181.0K | $839.0K | $-1.4M | $-690.0K |
| Net Income | — | $9.1M | $827.0K | $3.8M | $1.2M | $1.4M | $-4.9M | $-1.9M |
| Net Margin | — | 11.9% | 1.1% | 4.9% | 1.5% | 1.6% | -7.6% | -2.5% |
| EPS (Basic) | — | $1.11 | $0.10 | $0.45 | $0.15 | $0.16 | $-0.54 | $-0.21 |
| EPS (Diluted) | — | $1.10 | $0.09 | $0.45 | $0.15 | $0.16 | $-0.54 | $-0.21 |
| Shares Outstanding (Basic) | 8.1M | 8.2M | 8.5M | 8.3M | 8.4M | 8.7M | 9.1M | 9.0M |
| Shares Outstanding (Diluted) | 8.1M | 8.3M | 8.8M | 8.4M | 8.4M | 8.7M | 9.1M | 9.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |