Tandy Leather Factory Inc (TLF) stock
TLFNasdaqLeather & Leather ProductsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 12/30
$2.26−0.01 (-0.44%)
Close on Nov 13, 2026Market cap $18.51MP/E 113.0Yield –
Tandy Leather Factory gross margin
Gross margin is gross profit as a percentage of revenue.
Tandy Leather Factory's gross margin for the twelve months ending Sep 30, 2026 was 60.3%. For fiscal 2025 it was 57.0%, against 56.2% the year before. The highest annual figure on record is 63.1% in fiscal 2012.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 57.0% | +0.8 |
| FY2024 | Dec 31, 2024 | 56.2% | −3.1 |
| FY2023 | Dec 31, 2023 | 59.2% | +1.4 |
| FY2022 | Dec 31, 2022 | 57.9% | +1.0 |
| FY2021 | Dec 31, 2021 | 56.9% | +0.6 |
| FY2020 | Dec 31, 2020 | 56.3% | +0.3 |
| FY2019 | Dec 31, 2019 | 56.0% | −5.2 |
| FY2018 | Dec 31, 2018 | 61.2% | +1.7 |
| FY2017 | Dec 31, 2017 | 59.6% | −2.8 |
| FY2016 | Dec 31, 2016 | 62.4% | +0.5 |
| FY2015 | Dec 31, 2015 | 61.9% | −0.6 |
| FY2014 | Dec 31, 2014 | 62.5% | −0.5 |
| FY2013 | Dec 31, 2013 | 63.0% | −0.1 |
| FY2012 | Dec 31, 2012 | 63.1% | +2.1 |
| FY2011 | Dec 31, 2011 | 61.0% | +0.5 |
| FY2010 | Dec 31, 2010 | 60.5% | +0.7 |
| FY2009 | Dec 31, 2009 | 59.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 62.4% | +3.5 |
| Q2 FY2026 | Jun 30, 2026 | 64.8% | +5.3 |
| Q1 FY2026 | Mar 31, 2026 | 61.0% | +4.7 |
| Q4 FY2025 | Dec 31, 2025 | 54.3% | +1.3 |
| Q3 FY2025 | Sep 30, 2025 | 58.9% | +1.1 |
| Q2 FY2025 | Jun 30, 2025 | 59.5% | +1.5 |
| Q1 FY2025 | Mar 31, 2025 | 56.3% | −0.3 |
| Q4 FY2024 | Dec 31, 2024 | 53.0% | −2.1 |
| Q3 FY2024 | Sep 30, 2024 | 57.8% | −4.6 |
| Q2 FY2024 | Jun 30, 2024 | 58.0% | −4.5 |
| Q1 FY2024 | Mar 31, 2024 | 56.7% | −1.4 |
| Q4 FY2023 | Dec 31, 2023 | 55.1% | −0.6 |
| Q3 FY2023 | Sep 30, 2023 | 62.4% | +1.5 |
| Q2 FY2023 | Jun 30, 2023 | 62.5% | +5.4 |
| Q1 FY2023 | Mar 31, 2023 | 58.1% | −0.1 |
| Q4 FY2022 | Dec 31, 2022 | 55.7% | +2.6 |
| Q3 FY2022 | Sep 30, 2022 | 60.8% | +3.3 |
| Q2 FY2022 | Jun 30, 2022 | 57.0% | −3.7 |
| Q1 FY2022 | Mar 31, 2022 | 58.2% | +1.2 |
| Q4 FY2021 | Dec 31, 2021 | 53.1% | −0.3 |
| Q3 FY2021 | Sep 30, 2021 | 57.5% | −0.6 |
| Q2 FY2021 | Jun 30, 2021 | 60.8% | +3.4 |
| Q1 FY2021 | Mar 31, 2021 | 57.0% | −0.6 |
| Q4 FY2020 | Dec 31, 2020 | 53.5% | −2.7 |
| Q3 FY2020 | Sep 30, 2020 | 58.1% | +3.8 |
| Q2 FY2020 | Jun 30, 2020 | 57.3% | +2.8 |
| Q1 FY2020 | Mar 31, 2020 | 57.5% | −0.9 |
| Q4 FY2019 | Dec 31, 2019 | 56.2% | −1.2 |
| Q3 FY2019 | Sep 30, 2019 | 54.3% | −8.8 |
| Q2 FY2019 | Jun 30, 2019 | 54.5% | −9.3 |
| Q1 FY2019 | Mar 31, 2019 | 58.5% | −3.4 |
| Q4 FY2018 | Dec 31, 2018 | 57.3% | −5.1 |
| Q3 FY2018 | Sep 30, 2018 | 63.0% | −0.3 |
| Q2 FY2018 | Jun 30, 2018 | 63.8% | −3.1 |
| Q1 FY2018 | Mar 31, 2018 | 61.9% | +0.9 |
| Q4 FY2017 | Dec 31, 2017 | 62.4% | +2.2 |
| Q3 FY2017 | Sep 30, 2017 | 63.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 66.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 61.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 60.2% | – |
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