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
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