TANDY LEATHER FACTORY INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $76.3M | $74.4M | $76.2M | $80.3M | $82.7M |
| Cost of revenue | $32.8M | $32.6M | $31.1M | $33.8M | $35.7M |
| Gross profit | $43.5M | $41.8M | $45.2M | $46.5M | $47.0M |
| Operating income | -$963,000 | $628,000 | $4.4M | $1.4M | $2.3M |
| Interest expense | — | — | — | — | $16,000 |
| Pretax income | $12.3M | $1.1M | $4.5M | $1.4M | $2.2M |
| Income tax expense | $3.2M | $264,000 | $777,000 | $181,000 | $839,000 |
| Net income | $9.1M | $827,000 | $3.8M | $1.2M | $1.4M |
| Balance Sheet | |||||
| Cash and equivalents | $16.1M | $13.3M | $12.2M | $8.0M | $10.2M |
| Current assets | $50.6M | $50.5M | $51.3M | $47.3M | $50.4M |
| Total assets | $86.6M | $74.9M | $72.1M | $68.6M | $73.1M |
| Current liabilities | $9.8M | $9.9M | $8.9M | $8.9M | $12.2M |
| Stockholders' equity | $52.6M | $57.2M | $56.3M | $51.5M | $51.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$556,000 | $4.5M | $4.5M | $1.2M | $3.7M |
| Depreciation and amortization | $900,000 | $1.2M | $1.2M | $1.2M | $1.1M |
| Stock-based compensation | $484,000 | $548,000 | $770,000 | $1.1M | $797,000 |
| Capital expenditure | $7.5M | $3.0M | $576,000 | $635,000 | $1.0M |
| Free cash flow | -$8.1M | $1.6M | $4.0M | $519,000 | $2.7M |
| Dividends paid | $12.7M | $0 | — | — | — |
| Share repurchases | $1.4M | $0 | $11,000 | $1.8M | $2.7M |
| Impairments | $0 | $20,000 | $0 | $0 | $0 |
Shares outstanding 8.1M · Free float 1.8%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.