TILLY’S, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $553.6M | $569.5M | $623.1M | $672.3M | $775.7M | $531.3M | $619.3M | $598.5M |
| Cost of Revenue | $389.1M | $419.8M | $457.4M | $469.5M | $499.0M | $389.1M | $432.6M | $417.6M |
| Gross Profit | $164.5M | $149.7M | $165.7M | $202.7M | $276.7M | $142.2M | $186.7M | $180.9M |
| Gross Margin | 29.7% | 26.3% | 26.6% | 30.2% | 35.7% | 26.8% | 30.1% | 30.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $183.8M | $199.5M | $196.6M | $191.6M | $189.1M | $145.2M | $158.3M | $149.4M |
| Operating Income | $-19.3M | $-49.8M | $-31.0M | $11.2M | $87.6M | $-3.0M | $28.5M | $31.5M |
| Operating Margin | -3.5% | -8.8% | -5.0% | 1.7% | 11.3% | -0.6% | 4.6% | 5.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-17.6M | $-46.0M | $-25.8M | $13.2M | $87.0M | $-2.5M | $31.4M | $33.8M |
| Income Tax Expense | $-137.0K | $217.0K | $8.7M | $3.5M | $22.8M | $-1.3M | $8.7M | $8.9M |
| Net Income | $-17.5M | $-46.2M | $-34.5M | $9.7M | $64.2M | $-1.1M | $22.6M | $24.9M |
| Net Margin | -3.2% | -8.1% | -5.5% | 1.4% | 8.3% | -0.2% | 3.7% | 4.2% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | $-0.58 | $-1.54 | $-1.16 | — | — | — | — | — |
| Shares Outstanding (Basic) | 30.1M | 30.0M | 29.8M | 30.1M | 30.6M | 29.7M | 29.5M | 29.3M |
| Shares Outstanding (Diluted) | 30.1M | 30.0M | 29.8M | 30.3M | 31.1M | 29.7M | 29.8M | 29.8M |
| Dividends Per Share | — | — | — | — | $2.00 | — | — | — |