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% quarter-over-quarter from $10.8 million in Q3 2025, and up 11.21% year-on-year from $10.5 million in Q1 2025.

Tandy Leather Factory (TLF) Operating Expenses (2010 - 2026) Analysis & Trends

Tandy Leather Factory (TLF) has reported Operating Expenses for 17 consecutive years, with $11.6 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $11.6 million, up 11.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.0 million (down 20.26% YoY), and the FY2024 annual result was $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.
  • Over five years, Operating Expenses peaked at $12.1 million in Q4 2022 and troughed at $9.7 million in Q4 2023.
  • Average Operating Expenses over 5 years is $10.7 million, with a median of $10.6 million recorded in 2022.
  • Year-over-year, Operating Expenses decreased 19.95% in 2023 and climbed 11.21% in 2026.
  • Over 5 years, Operating Expenses stood at $12.1 million in 2022, then slipped by 19.95% to $9.7 million in 2023, then climbed by 9.61% to $10.7 million in 2024, then climbed by 1.75% to $10.8 million in 2025, then climbed by 7.19% to $11.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 Tandy Leather Factory 19.20 Mn 9.10 Mn 11.99 Mn 11.63 Mn

Historic Data

Download Data
DateValue
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