Filing Flows › Tandy Leather Factory (TLF) › Q2 2026 › vs Q2 2025
Tandy Leather Factory (TLF) Q2 2026 vs Q2 2025 (year over year)
Tandy Leather Factory's revenue rose $271K (+2%) from $17.8M in Q2 2025 to $18.0M in Q2 2026. Gross margin 64.8% against 59.5% (+5.3 pts).
Tandy Leather Factory, Q2 2026: revenue $18.0M (+2% year over year), operating margin 3.0%, net earnings $409K, operating cash flow −$3.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 64.8% | 59.5% | +5.3 pts |
| Operating margin | 3.0% | 0.4% | +2.6 pts |
| Net margin | 2.3% | -1.1% | +3.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $18.0M | $17.8M | $271K | +2% |
| Gross profit | $11.7M | $10.6M | $1.1M | +11% |
| Cost of revenue | $6.3M | $7.2M | −$851K | -12% |
| Other income, net | $79K | −$246K | $325K | — |
| Operating profit | $543K | $66K | $477K | +723% |
| Operating expenses | $11.2M | $10.5M | $645K | +6% |
| Pre-tax earnings | $622K | −$180K | $802K | — |
| Net earnings | $409K | −$199K | $608K | — |
| Income tax | $213K | $19K | $194K | 11× |
| Operating cash sources | $3.8M | $3.5M | $296K | +8% |
| Share-based compensation | $141K | $118K | $23K | +19% |
| Cash used in operations | $3.3M | $3.6M | −$335K | -9% |
| Working capital & other | $3.8M | $3.5M | $296K | +8% |
Questions
How much did Tandy Leather Factory's revenue grow year over year in Q2 2026?
Tandy Leather Factory's revenue rose $271K (+2%) from $17.8M in Q2 2025 to $18.0M in Q2 2026. Gross margin 64.8% against 59.5% (+5.3 pts).