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| 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 |