Tandy Leather Factory (TLF) Operating Expenses (2010 - 2026)

Tandy Leather Factory has reported Operating Expenses for 17 years, with the latest figure at $11.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 11.21% year-over-year to $11.6 million; the trailing twelve-month figure through Mar 2026 stood at $33.0 million (down 20.26% YoY), and the FY2024 full-year result was $41.2 million, up 1.04% from the prior year.
• Operating Expenses for Q1 2026 stood at $11.6 million, up from $10.8 million in the prior quarter.
• The five-year high for Operating Expenses was $12.1 million in Q4 2022, with the low at $9.7 million in Q4 2023.
• Historically, Operating Expenses has averaged $10.7 million across 5 years, with a median of $10.6 million in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses fell 19.95% — and 2026, when it gained 11.21%.
• Tandy Leather Factory's Operating Expenses stood at $12.1 million in 2022, then fell by 19.95% to $9.7 million in 2023, then rose by 9.61% to $10.7 million in 2024, then rose by 1.75% to $10.8 million in 2025, then rose by 7.19% to $11.6 million in 2026.
• The last three Operating Expenses figures came in at $11.6 million (Q1 2026), $10.8 million (Q3 2025), and $10.5 million (Q2 2025), per Business Quant data.