Tandy Leather Factory (TLF) Operating Expenses (2010 - 2026)
Tandy Leather Factory (TLF) posted Operating Expenses of $11.6 million for Q1 2026, up 7.19% on a QoQ basis from $10.8 million in Q3 2025, and up 11.21% year-over-year from $10.5 million in Q1 2025.
Tandy Leather Factory (TLF) Operating Expenses (2010 - 2026) Analysis & Trends
Tandy Leather Factory's Operating Expenses history runs 17 years deep, the most recent figure standing at $11.6 million for Q1 2026.
- Quarterly Operating Expenses rose 11.21% year-over-year to $11.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.0 million (down 20.26% YoY) and the FY2024 annual result came in at $41.2 million, up 1.04% from the prior year.
- Operating Expenses was $11.6 million for Q1 2026 at Tandy Leather Factory, up from $10.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $12.1 million in Q4 2022 and bottomed at $9.7 million in Q4 2023.
- A 5-year average of $10.7 million and a median of $10.6 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slipped 19.95% — and 2026, when it grew 11.21%.
- Tandy Leather Factory's Operating Expenses stood at $12.1 million in 2022, then decreased by 19.95% to $9.7 million in 2023, then advanced by 9.61% to $10.7 million in 2024, then advanced by 1.75% to $10.8 million in 2025, then advanced by 7.19% to $11.6 million in 2026.
- Business Quant data shows TLF's Operating Expenses at $11.6 million in Q1 2026, $10.8 million in Q3 2025, and $10.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.35 Bn | 31.83 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.76 Bn | 30.76 Bn | - | - |
| 3 | Williams Sonoma | 28.07 Bn | 27.05 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 22.98 Bn | 22.49 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.17 Bn | 16.42 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.47 Bn | 15.12 Bn | 1.77 Bn | 1.57 Bn |
| 7 | Tractor Supply | 15.98 Bn | 15.76 Bn | 1.30 Bn | 941.15 Mn |
| 8 | MINISO Group Holding | 15.79 Bn | 14.72 Bn | 414.86 Mn | -290.69 Mn |
| 9 | Five Below | 11.82 Bn | 10.89 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Tandy Leather Factory | 22.96 Mn | 12.86 Mn | 11.99 Mn | 11.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.63 Mn |
| Sep 30, 2025 | 10.85 Mn |
| Jun 30, 2025 | 10.51 Mn |
| Mar 31, 2025 | 10.46 Mn |
| Dec 31, 2024 | 10.66 Mn |
| Sep 30, 2024 | 10.29 Mn |
| Jun 30, 2024 | 9.96 Mn |
| Mar 31, 2024 | 10.27 Mn |
| Dec 31, 2023 | 9.73 Mn |
| Sep 30, 2023 | 10.06 Mn |
| Jun 30, 2023 | 10.13 Mn |
| Mar 31, 2023 | 10.84 Mn |
| Dec 31, 2022 | 12.15 Mn |
| Sep 30, 2022 | 10.62 Mn |
| Jun 30, 2022 | 11.24 Mn |
| Mar 31, 2022 | 11.10 Mn |
| Dec 31, 2021 | 11.84 Mn |
| Sep 30, 2021 | 11.08 Mn |
| Jun 30, 2021 | 10.56 Mn |
| Mar 31, 2021 | 11.22 Mn |