Tile Shop Holdings annual gross margin
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2025
Tile Shop Holdings Gross Margin Growth & History (TTSH)
Tile Shop Holdings's gross margin was 63.84% for fiscal 2025.
View full Tile Shop Holdings company overviewTile Shop Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 63.84% | −1.82 pp |
| 2024 | 2024-12-31 | 65.66% | +1.21 pp |
| 2023 | 2023-12-31 | 64.45% | −1.16 pp |
| 2022 | 2022-12-31 | 65.60% | −2.68 pp |
| 2021 | 2021-12-31 | 68.28% | +0.13 pp |
| 2020 | 2020-12-31 | 68.15% | −1.23 pp |
| 2019 | 2019-12-31 | 69.38% | −0.98 pp |
| 2018 | 2018-12-31 | 70.35% | +1.80 pp |
| 2017 | 2017-12-31 | 68.55% | −1.45 pp |
| 2016 | 2016-12-31 | 70.00% | +0.50 pp |
| 2015 | 2015-12-31 | 69.49% | −0.06 pp |
| 2014 | 2014-12-31 | 69.56% | −0.49 pp |
| 2013 | 2013-12-31 | 70.05% | −2.78 pp |
| 2012 | 2012-12-31 | 72.83% | −0.77 pp |
| 2011 | 2011-12-31 | 73.60% | +0.29 pp |
| 2010 | 2010-12-31 | 73.31% | — |
Tile Shop Holdings quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2025 | 2025-12-31 | 61.73% | −2.46 pp |
| Q3 2025 | 2025-09-30 | 62.94% | −3.60 pp |
| Q2 2025 | 2025-06-30 | 64.40% | −1.62 pp |
| Q1 2025 | 2025-03-31 | 65.98% | +0.22 pp |
| Q4 2024 | 2024-12-31 | 64.18% | −0.53 pp |
| Q3 2024 | 2024-09-30 | 66.54% | +1.87 pp |
| Q2 2024 | 2024-06-30 | 66.02% | +1.79 pp |
| Q1 2024 | 2024-03-31 | 65.76% | +1.52 pp |
| Q4 2023 | 2023-12-31 | 64.72% | +0.17 pp |
| Q3 2023 | 2023-09-30 | 64.66% | −1.84 pp |
| Q2 2023 | 2023-06-30 | 64.23% | −1.77 pp |
| Q1 2023 | 2023-03-31 | 64.24% | −0.99 pp |
| Q4 2022 | 2022-12-31 | 64.55% | −1.51 pp |
| Q3 2022 | 2022-09-30 | 66.50% | −1.74 pp |
| Q2 2022 | 2022-06-30 | 66.00% | −3.05 pp |
| Q1 2022 | 2022-03-31 | 65.23% | −4.47 pp |
| Q4 2021 | 2021-12-31 | 66.05% | −2.43 pp |
| Q3 2021 | 2021-09-30 | 68.24% | +0.38 pp |
| Q2 2021 | 2021-06-30 | 69.05% | +2.00 pp |
| Q1 2021 | 2021-03-31 | 69.70% | +0.81 pp |
| Q4 2020 | 2020-12-31 | 68.48% | +0.10 pp |
| Q3 2020 | 2020-09-30 | 67.86% | −0.98 pp |
| Q2 2020 | 2020-06-30 | 67.05% | −1.97 pp |
| Q1 2020 | 2020-03-31 | 68.90% | −2.26 pp |
| Q4 2019 | 2019-12-31 | 68.39% | −1.87 pp |
| Q3 2019 | 2019-09-30 | 68.85% | −1.75 pp |
| Q2 2019 | 2019-06-30 | 69.02% | −1.27 pp |
| Q1 2019 | 2019-03-31 | 71.16% | +0.89 pp |
| Q4 2018 | 2018-12-31 | 70.26% | +3.49 pp |
| Q3 2018 | 2018-09-30 | 70.59% | +3.48 pp |
| Q2 2018 | 2018-06-30 | 70.29% | +0.60 pp |
| Q1 2018 | 2018-03-31 | 70.27% | −0.00 pp |
| Q4 2017 | 2017-12-31 | 66.77% | −2.84 pp |
| Q3 2017 | 2017-09-30 | 67.12% | −3.10 pp |
| Q2 2017 | 2017-06-30 | 69.69% | +0.03 pp |
| Q1 2017 | 2017-03-31 | 70.27% | −0.21 pp |
| Q4 2016 | 2016-12-31 | 69.61% | −0.80 pp |
| Q3 2016 | 2016-09-30 | 70.21% | +0.17 pp |
| Q2 2016 | 2016-06-30 | 69.66% | +1.90 pp |
| Q1 2016 | 2016-03-31 | 70.48% | +0.62 pp |
| Q4 2015 | 2015-12-31 | 70.41% | +0.95 pp |
| Q3 2015 | 2015-09-30 | 70.04% | +0.85 pp |
| Q2 2015 | 2015-06-30 | 67.75% | −2.00 pp |
| Q1 2015 | 2015-03-31 | 69.86% | +0.06 pp |
| Q4 2014 | 2014-12-31 | 69.46% | +0.69 pp |
| Q3 2014 | 2014-09-30 | 69.19% | −0.90 pp |
| Q2 2014 | 2014-06-30 | 69.75% | −0.55 pp |
| Q1 2014 | 2014-03-31 | 69.79% | −1.24 pp |
| Q4 2013 | 2013-12-31 | 68.77% | −3.94 pp |
| Q3 2013 | 2013-09-30 | 70.10% | −2.37 pp |
| Q2 2013 | 2013-06-30 | 70.31% | −2.37 pp |
| Q1 2013 | 2013-03-31 | 71.04% | −2.42 pp |
| Q4 2012 | 2012-12-31 | 72.72% | −0.66 pp |
| Q3 2012 | 2012-09-30 | 72.46% | — |
| Q2 2012 | 2012-06-30 | 72.68% | — |
| Q1 2012 | 2012-03-31 | 73.46% | — |
| Q3 2011 | 2011-09-30 | 73.38% | — |
Tile Shop Holdings gross margin trends
Over the last five reported fiscal years, Tile Shop Holdings's gross margin decreased from 68.15% to 63.84%, a change of −4.31 percentage points. The latest reported quarter, Q4 2025, shows 61.73%.
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 Tile Shop Holdings filings at SEC.gov ↗