# Tandy Leather Factory Inc: overview TLF · Nasdaq · CIK 909724 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/tlf.md) · [Financials](/companies/tlf/financials.md) · [Filings](/companies/tlf/filings.md) · [Insiders](/companies/tlf/insiders.md) Latest reported revenue: [$18.0m](/filings/0001140361-26-032236.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001140361-26-032236). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [17.4](/filings/0001140361-25-041386.md) | [20.5 d](/filings/0001140361-26-006550.md) | [19.0](/filings/0001140361-26-020544.md) | [17.8](/filings/0001140361-26-032236.md) | [17.3](/filings/0001140361-25-041386.md) | [22.3 d](/filings/0001140361-26-006550.md) | [19.7](/filings/0001140361-26-020544.md) | [18.0](/filings/0001140361-26-032236.md) | | Gross margin | % | [57.8%](/filings/0001140361-25-041386.md) | [53.0% d](/filings/0001140361-26-006550.md) | [56.3%](/filings/0001140361-26-020544.md) | [59.5%](/filings/0001140361-26-032236.md) | [58.9%](/filings/0001140361-25-041386.md) | [54.3% d](/filings/0001140361-26-006550.md) | [61.0%](/filings/0001140361-26-020544.md) | [64.8%](/filings/0001140361-26-032236.md) | | Operating margin | % | [(1.5%)](/filings/0001140361-25-041386.md) | [0.9% d](/filings/0001140361-26-006550.md) | [1.4%](/filings/0001140361-26-020544.md) | [0.4%](/filings/0001140361-26-032236.md) | [(3.9%)](/filings/0001140361-25-041386.md) | [(2.8%) d](/filings/0001140361-26-006550.md) | [1.9%](/filings/0001140361-26-020544.md) | [3.0%](/filings/0001140361-26-032236.md) | | Net margin | % | [(0.8%)](/filings/0001140361-25-041386.md) | [1.6% d](/filings/0001140361-26-006550.md) | [59.8%](/filings/0001140361-26-032236.md) | [(1.1%)](/filings/0001140361-26-032236.md) | [(7.8%)](/filings/0001140361-25-041386.md) | [(4.2%) d](/filings/0001140361-26-006550.md) | [1.1%](/filings/0001140361-26-032236.md) | [2.3%](/filings/0001140361-26-032236.md) | | Diluted EPS | $ per share | [(0.02)](/filings/0001140361-25-041386.md) | not reported | [1.35](/filings/0001140361-26-020544.md) | [(0.02)](/filings/0001140361-26-032236.md) | [(0.17)](/filings/0001140361-25-041386.md) | not reported | [0.03](/filings/0001140361-26-020544.md) | [0.05](/filings/0001140361-26-032236.md) | | Free cash flow | $m | [(1.4) d](/filings/0001140361-25-041386.md) | [3.8 d](/filings/0001140361-26-006550.md) | [(1.9)](/filings/0001140361-26-020544.md) | [(7.3) d](/filings/0001140361-26-032236.md) | [(3.0) d](/filings/0001140361-25-041386.md) | [4.0 d](/filings/0001140361-26-006550.md) | [0.3](/filings/0001140361-26-020544.md) | [(3.7) d](/filings/0001140361-26-032236.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [82.7](/filings/0001140361-23-015325.md) | [80.3](/filings/0001140361-24-014799.md) | [76.2](/filings/0001140361-25-006103.md) | [74.4](/filings/0001140361-26-006550.md) | [76.3](/filings/0001140361-26-006550.md) | | Gross margin | % | [56.9%](/filings/0001140361-23-015325.md) | [57.9%](/filings/0001140361-24-014799.md) | [59.2%](/filings/0001140361-25-006103.md) | [56.2%](/filings/0001140361-26-006550.md) | [57.0%](/filings/0001140361-26-006550.md) | | Operating margin | % | [2.8%](/filings/0001140361-23-015325.md) | [1.7%](/filings/0001140361-24-014799.md) | [5.8%](/filings/0001140361-25-006103.md) | [0.8%](/filings/0001140361-26-006550.md) | [(1.3%)](/filings/0001140361-26-006550.md) | | Net margin | % | [1.6%](/filings/0001140361-23-015325.md) | [1.5%](/filings/0001140361-24-014799.md) | [4.9%](/filings/0001140361-25-006103.md) | [1.1%](/filings/0001140361-26-006550.md) | [11.9%](/filings/0001140361-26-006550.md) | | Diluted EPS | $ per share | [0.16](/filings/0001140361-23-015325.md) | [0.15](/filings/0001140361-24-014799.md) | [0.45](/filings/0001140361-25-006103.md) | [0.09](/filings/0001140361-26-006550.md) | [1.10](/filings/0001140361-26-006550.md) | | Free cash flow | $m | [2.7](/filings/0001140361-23-015325.md) | [0.5](/filings/0001140361-24-014799.md) | [4.0](/filings/0001140361-25-006103.md) | [1.6](/filings/0001140361-26-006550.md) | [(8.1)](/filings/0001140361-26-006550.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tlf/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [Bandera Partners LLC](/funds/1399386.md) | 2026-06-30 | $6.7m | 2,857,936 | | Unchanged | | [JCP Investment Management, LLC](/funds/1461945.md) | 2026-06-30 | $2.0m | 876,059 | | Unchanged | | [FIRST FOUNDATION ADVISORS](/funds/1086763.md) | 2026-06-30 | $522.7k | 224,345 | | Unchanged | | [Brooklands Fund Management Ltd](/funds/2036388.md) | 2026-06-30 | $498.3k | 215,717 | | Added +10,000 | | [Value Investment Professionals, LLC](/funds/2110205.md) | 2026-06-30 | $428.6k | 183,939 | | Unchanged | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $336.5k | 144,428 | | Added +13,018 | | [MONEY CONCEPTS CAPITAL CORP](/funds/716851.md) | 2026-06-30 | $187.8k | 80,599 | | Unchanged | | [Values First Advisors, Inc.](/funds/1913608.md) | 2026-06-30 | $134.6k | 57,779 | | Reduced −13 | | [George Kaiser Family Foundation](/funds/1265376.md) | 2026-06-30 | $101.2k | 43,443 | | Added +2,300 | | [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $62.7k | 26,912 | | Added +10,212 | ## Recent filings [All 619 filings](/companies/tlf/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-11 | 16:23 ET | [8-K](/filings/0001140361-26-032240.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-032240 | | 2026-08-11 | 16:16 ET | [10-Q](/filings/0001140361-26-032236.md) | Quarterly report, period 2026-06-30 | 0001140361-26-032236 | | 2026-06-10 | 17:03 ET | [8-K](/filings/0001140361-26-024802.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0001140361-26-024802 | | 2026-05-11 | 16:15 ET | [8-K](/filings/0001140361-26-020562.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-020562 | | 2026-05-11 | 16:01 ET | [10-Q](/filings/0001140361-26-020544.md) | Quarterly report, period 2026-03-31 | 0001140361-26-020544 | | 2026-04-27 | 09:03 ET | [DEF 14A](/filings/0001140361-26-016857.md) | Proxy statement, period 2026-06-09 | 0001140361-26-016857 | | 2026-03-11 | 16:07 ET | [10-K/A](/filings/0001140361-26-009032.md) | Annual report, amended, period 2025-12-31 | 0001140361-26-009032 | | 2026-02-24 | 16:16 ET | [8-K](/filings/0001140361-26-006558.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-26-006558 | | 2026-02-24 | 16:06 ET | [10-K](/filings/0001140361-26-006550.md) | Annual report, period 2025-12-31 | 0001140361-26-006550 | | 2025-11-10 | 16:31 ET | [8-K](/filings/0001140361-25-041397.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001140361-25-041397 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001140361-26-006550.md), filed Feb 24, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/cf893ffb-ea1d-4bb7-86a4-0806a92e92a5) ## About the filer - CIK: 909724 - Tickers: TLF - Exchange: Nasdaq - SIC code: 3100 Leather & Leather Products - State of incorporation: DE - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:28 ET. No prices; not investment advice.