Tandy Leather Factory annual gross margin
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2025
Tandy Leather Factory Gross Margin Growth & History (TLF)
Tandy Leather Factory's gross margin was 57.04% for fiscal 2025.
View full Tandy Leather Factory company overviewTandy Leather Factory annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 57.04% | +0.85 pp |
| 2024 | 2024-12-31 | 56.19% | −3.05 pp |
| 2023 | 2023-12-31 | 59.25% | +1.37 pp |
| 2022 | 2022-12-31 | 57.88% | +1.02 pp |
| 2021 | 2021-12-31 | 56.86% | +0.59 pp |
| 2020 | 2020-12-31 | 56.27% | +0.26 pp |
| 2019 | 2019-12-31 | 56.01% | −5.22 pp |
| 2018 | 2018-12-31 | 61.22% | +1.67 pp |
| 2017 | 2017-12-31 | 59.56% | −2.81 pp |
| 2016 | 2016-12-31 | 62.36% | +0.49 pp |
| 2015 | 2015-12-31 | 61.87% | −0.61 pp |
| 2014 | 2014-12-31 | 62.48% | −0.53 pp |
| 2013 | 2013-12-31 | 63.01% | −0.11 pp |
| 2012 | 2012-12-31 | 63.13% | +2.10 pp |
| 2011 | 2011-12-31 | 61.02% | +0.50 pp |
| 2010 | 2010-12-31 | 60.53% | +0.67 pp |
| 2009 | 2009-12-31 | 59.85% | — |
Tandy Leather Factory quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 64.81% | +5.32 pp |
| Q1 2026 | 2026-03-31 | 61.03% | +4.72 pp |
| Q4 2025 | 2025-12-31 | 54.28% | +1.33 pp |
| Q3 2025 | 2025-09-30 | 58.91% | +1.15 pp |
| Q2 2025 | 2025-06-30 | 59.49% | +1.53 pp |
| Q1 2025 | 2025-03-31 | 56.30% | −0.35 pp |
| Q4 2024 | 2024-12-31 | 52.95% | −2.15 pp |
| Q3 2024 | 2024-09-30 | 57.76% | −4.59 pp |
| Q2 2024 | 2024-06-30 | 57.95% | −4.52 pp |
| Q1 2024 | 2024-03-31 | 56.65% | −1.40 pp |
| Q4 2023 | 2023-12-31 | 55.10% | −0.65 pp |
| Q3 2023 | 2023-09-30 | 62.35% | +1.50 pp |
| Q2 2023 | 2023-06-30 | 62.47% | +5.43 pp |
| Q1 2023 | 2023-03-31 | 58.05% | −0.15 pp |
| Q4 2022 | 2022-12-31 | 55.74% | +2.62 pp |
| Q3 2022 | 2022-09-30 | 60.85% | +3.34 pp |
| Q2 2022 | 2022-06-30 | 57.04% | −3.72 pp |
| Q1 2022 | 2022-03-31 | 58.20% | +1.24 pp |
| Q4 2021 | 2021-12-31 | 53.13% | −0.35 pp |
| Q3 2021 | 2021-09-30 | 57.51% | −0.58 pp |
| Q2 2021 | 2021-06-30 | 60.76% | +3.44 pp |
| Q1 2021 | 2021-03-31 | 56.96% | −0.58 pp |
| Q4 2020 | 2020-12-31 | 53.48% | −2.68 pp |
| Q3 2020 | 2020-09-30 | 58.09% | +3.84 pp |
| Q2 2020 | 2020-06-30 | 57.33% | +2.84 pp |
| Q1 2020 | 2020-03-31 | 57.54% | −0.93 pp |
| Q4 2019 | 2019-12-31 | 56.16% | −0.06 pp |
| Q3 2019 | 2019-09-30 | 54.25% | −8.76 pp |
| Q2 2019 | 2019-06-30 | 54.49% | −9.27 pp |
| Q1 2019 | 2019-03-31 | 58.47% | −4.83 pp |
| Q4 2018 | 2018-12-31 | 56.21% | +6.34 pp |
| Q3 2018 | 2018-09-30 | 63.01% | −0.26 pp |
| Q2 2018 | 2018-06-30 | 63.76% | −3.12 pp |
| Q1 2018 | 2018-03-31 | 63.30% | +2.33 pp |
| Q4 2017 | 2017-12-31 | 49.87% | −10.38 pp |
| Q3 2017 | 2017-09-30 | 63.28% | +0.76 pp |
| Q2 2017 | 2017-06-30 | 66.88% | +0.83 pp |
| Q1 2017 | 2017-03-31 | 60.97% | −0.23 pp |
| Q4 2016 | 2016-12-31 | 60.25% | −0.97 pp |
| Q3 2016 | 2016-09-30 | 62.51% | +1.38 pp |
| Q2 2016 | 2016-06-30 | 66.05% | +1.25 pp |
| Q1 2016 | 2016-03-31 | 61.21% | +0.68 pp |
| Q4 2015 | 2015-12-31 | 61.22% | +2.15 pp |
| Q3 2015 | 2015-09-30 | 61.13% | −1.57 pp |
| Q2 2015 | 2015-06-30 | 64.81% | −0.05 pp |
| Q1 2015 | 2015-03-31 | 60.53% | −3.57 pp |
| Q4 2014 | 2014-12-31 | 59.07% | −4.86 pp |
| Q3 2014 | 2014-09-30 | 62.70% | −0.46 pp |
| Q2 2014 | 2014-06-30 | 64.86% | +2.03 pp |
| Q1 2014 | 2014-03-31 | 64.10% | +2.08 pp |
| Q4 2013 | 2013-12-31 | 63.93% | −0.01 pp |
| Q3 2013 | 2013-09-30 | 63.16% | +1.96 pp |
| Q2 2013 | 2013-06-30 | 62.83% | −1.89 pp |
| Q1 2013 | 2013-03-31 | 62.02% | −0.51 pp |
| Q4 2012 | 2012-12-31 | 63.93% | +1.89 pp |
| Q3 2012 | 2012-09-30 | 61.20% | +1.16 pp |
| Q2 2012 | 2012-06-30 | 64.72% | +2.93 pp |
| Q1 2012 | 2012-03-31 | 62.53% | +2.54 pp |
| Q4 2011 | 2011-12-31 | 62.04% | +2.05 pp |
| Q3 2011 | 2011-09-30 | 60.05% | −0.68 pp |
| Q2 2011 | 2011-06-30 | 61.79% | — |
| Q1 2011 | 2011-03-31 | 59.98% | — |
| Q3 2010 | 2010-09-30 | 59.99% | — |
| Q2 2010 | 2010-06-30 | 60.73% | — |
Tandy Leather Factory gross margin trends
Over the last five reported fiscal years, Tandy Leather Factory's gross margin increased from 56.27% to 57.04%, a change of +0.78 percentage points. The latest reported quarter, Q2 2026, shows 64.81%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tandy Leather Factory filings at SEC.gov ↗