Tile Shop Holdings, Inc. (TTSH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 77.49M | 83.06M | 88.26M | 88.01M | 79.45M | 84.5M | 91.38M | 91.73M | 84.46M | 92.11M | 98.56M | 102.02M | 87.47M | 97.15M | 107.6M | 102.47M | 90.18M | 92.24M | 96.19M | 92.08M |
| Revenue Growth % | -2.48% | -1.71% | -3.42% | -4.05% | -5.92% | -8.26% | -7.28% | -10.09% | -3.45% | -5.19% | -8.41% | -0.44% | -3.01% | 5.33% | 11.86% | 11.28% | 10.58% | 13.19% | 42.02% | -2.33% |
| Cost of Goods Sold | 25.95M | 34.5M | 31.42M | 29.94M | 28.46M | 28.28M | 31.05M | 31.41M | 29.8M | 32.55M | 35.26M | 36.48M | 31.01M | 32.54M | 36.59M | 35.63M | 30.61M | 29.29M | 29.77M | 27.9M |
| COGS % of Revenue | 33.48% | 41.53% | 35.6% | 34.02% | 35.82% | 33.46% | 33.98% | 34.24% | 35.28% | 35.34% | 35.77% | 35.76% | 35.45% | 33.5% | 34% | 34.77% | 33.95% | 31.76% | 30.95% | 30.3% |
| Gross Profit | 51.54M | 48.57M | 56.84M | 58.07M | 51M | 56.23M | 60.33M | 60.32M | 54.66M | 59.56M | 63.3M | 65.54M | 56.46M | 64.61M | 71.02M | 66.84M | 59.57M | 62.95M | 66.42M | 64.19M |
| Gross Margin % | 66.52% | 58.47% | 64.4% | 65.98% | 64.18% | 66.54% | 66.02% | 65.76% | 64.72% | 64.66% | 64.23% | 64.24% | 64.55% | 66.5% | 66% | 65.23% | 66.05% | 68.24% | 69.05% | 69.7% |
| Gross Profit Growth % | 1.07% | -13.62% | -5.78% | -3.73% | -6.7% | -5.6% | -4.69% | -7.96% | -3.19% | -7.81% | -10.86% | -1.96% | -5.22% | 2.64% | 6.91% | 4.14% | 6.66% | 13.82% | 46.27% | -1.18% |
| Operating Expenses | 56.01M | 50.53M | 56.4M | 57.89M | 51.86M | 55.98M | 58.48M | 58.04M | 53.19M | 56.73M | 55.57M | 61.41M | 53.87M | 59.11M | 61.24M | 62.11M | 56.64M | 59.79M | 58.81M | 57.28M |
| OpEx % of Revenue | 72.29% | 60.84% | 63.9% | 65.77% | 65.27% | 66.24% | 63.99% | 63.27% | 62.98% | 61.59% | 56.38% | 60.2% | 61.58% | 60.84% | 56.91% | 60.61% | 62.81% | 64.82% | 61.14% | 62.2% |
| Selling, General & Admin | 52.3M | 50.53M | 56.4M | 57.89M | 51.86M | 55.98M | 58.48M | 58.04M | 52.78M | 56.73M | 55.57M | 61.41M | 52.65M | 59.11M | 61.24M | 62.11M | 56.64M | 59.79M | 58.81M | 57.28M |
| SG&A % of Revenue | 67.49% | 60.84% | 63.9% | 65.77% | 65.27% | 66.24% | 63.99% | 63.27% | 62.49% | 61.59% | 56.38% | 60.2% | 60.19% | 60.84% | 56.91% | 60.61% | 62.81% | 64.82% | 61.14% | 62.2% |
| Research & Development | 0 | 0 | 0 | 0 | 1.8M | 0 | 0 | 0 | 1.6M | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 1.5M | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | 2.27% | - | - | - | 1.89% | - | - | - | 2.29% | - | - | - | 1.66% | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | -777K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 |
| Operating Income | -4.47M | -1.97M | 440K | 183K | -867K | 250K | 1.85M | 2.28M | 1.47M | 2.83M | 7.73M | 4.13M | 2.59M | 5.5M | 9.78M | 4.74M | 2.93M | 3.16M | 7.61M | 6.91M |
| Operating Margin % | -5.77% | -2.37% | 0.5% | 0.21% | -1.09% | 0.3% | 2.03% | 2.49% | 1.74% | 3.07% | 7.85% | 4.04% | 2.96% | 5.66% | 9.09% | 4.62% | 3.25% | 3.42% | 7.92% | 7.5% |
| Operating Income Growth % | -415.57% | -886.4% | -76.23% | -91.98% | -158.98% | -91.16% | -76.07% | -44.65% | -43.29% | -48.59% | -20.9% | -12.9% | -11.54% | 74.26% | 28.42% | -31.44% | 9.53% | 8.86% | 524.41% | 166.31% |
| EBITDA | 7.73M | 1.75M | 4.63M | 4.19M | 3.09M | 4.71M | 6.45M | 7.03M | 6.3M | 7.89M | 13.28M | 9.91M | 8.72M | 11.66M | 16.19M | 11.18M | 9.36M | 9.85M | 14.68M | 14.1M |
| EBITDA Margin % | 9.98% | 2.1% | 5.25% | 4.76% | 3.89% | 5.57% | 7.06% | 7.66% | 7.47% | 8.57% | 13.48% | 9.71% | 9.97% | 12% | 15.05% | 10.91% | 10.38% | 10.68% | 15.26% | 15.31% |
| EBITDA Growth % | 150.16% | -62.94% | -28.25% | -40.38% | -50.99% | -40.34% | -51.42% | -29.1% | -27.72% | -32.32% | -17.97% | -11.34% | -6.82% | 18.41% | 10.31% | -20.76% | -8.88% | -6.73% | 141.71% | 30.47% |
| D&A (Non-Cash Add-back) | 12.2M | 3.71M | 4.19M | 4M | 3.96M | 4.46M | 4.6M | 4.74M | 4.83M | 5.06M | 5.55M | 5.78M | 6.13M | 6.16M | 6.42M | 6.44M | 6.43M | 6.69M | 7.07M | 7.19M |
| EBIT | -4.43M | -1.96M | 440K | 183K | -867K | 250K | 1.85M | 2.28M | 1.47M | 2.83M | 7.73M | 4.13M | 2.59M | 5.5M | 9.78M | 4.74M | 2.93M | 3.16M | 7.61M | 6.91M |
| Net Interest Income | -111K | 4K | 29K | 18K | 19K | -71K | -57K | -166K | -244K | -453K | -668K | -798K | -793K | -319K | -201K | -266K | -139K | -204K | -145K | -168K |
| Interest Income | 18K | 4K | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 129K | 0 | 0 | 0 | -19K | 71K | 57K | 166K | 244K | 453K | 668K | 798K | 793K | 319K | 201K | 266K | 139K | 204K | 145K | 168K |
| Other Income/Expense | -92K | 4K | 29K | 18K | 19K | -71K | -57K | -166K | -244K | -453K | -668K | -798K | -793K | -319K | -201K | -266K | -139K | -204K | -145K | -168K |
| Pretax Income | -4.56M | -1.96M | 469K | 201K | -848K | 179K | 1.79M | 2.12M | 1.23M | 2.38M | 7.07M | 3.33M | 1.8M | 5.18M | 9.58M | 4.47M | 2.79M | 2.95M | 7.47M | 6.74M |
| Pretax Margin % | -5.89% | -2.36% | 0.53% | 0.23% | -1.07% | 0.21% | 1.96% | 2.31% | 1.45% | 2.58% | 7.17% | 3.26% | 2.06% | 5.34% | 8.9% | 4.36% | 3.09% | 3.2% | 7.76% | 7.32% |
| Income Tax | -1.12M | -348K | 77K | 29K | -220K | 138K | 575K | 428K | 590K | 532K | 1.99M | 815K | 346K | 1.36M | 2.66M | 957K | 983K | 779K | 1.98M | 1.44M |
| Effective Tax Rate % | 24.52% | 17.74% | 16.42% | 14.43% | 25.94% | 77.09% | 32.05% | 20.22% | 48.12% | 22.39% | 28.12% | 24.5% | 19.23% | 26.25% | 27.81% | 21.41% | 35.22% | 26.37% | 26.44% | 21.41% |
| Net Income | -3.44M | -1.61M | 392K | 172K | -628K | 41K | 1.22M | 1.69M | 636K | 1.84M | 5.08M | 2.51M | 1.45M | 3.82M | 6.91M | 3.51M | 1.81M | 2.17M | 5.49M | 5.3M |
| Net Margin % | -4.44% | -1.94% | 0.44% | 0.2% | -0.79% | 0.05% | 1.33% | 1.84% | 0.75% | 2% | 5.15% | 2.46% | 1.66% | 3.94% | 6.43% | 3.43% | 2% | 2.36% | 5.71% | 5.75% |
| Net Income Growth % | -448.41% | -4036.59% | -67.84% | -89.82% | -198.74% | -97.78% | -76% | -32.76% | -56.23% | -51.77% | -26.54% | -28.49% | -19.63% | 75.77% | 25.85% | -33.68% | 31.49% | 13.64% | 822.89% | 51.26% |
| Net Income (Continuing) | -3.44M | -1.61M | 392K | 172K | -628K | 41K | 1.22M | 1.69M | 636K | 1.84M | 5.08M | 2.51M | 1.45M | 3.82M | 6.91M | 3.51M | 1.81M | 2.17M | 5.49M | 5.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -0.04 | 0.01 | 0.00 | -0.01 | 0.00 | 0.03 | 0.04 | 0.01 | 0.04 | 0.12 | 0.06 | 0.03 | 0.08 | 0.13 | 0.07 | 0.04 | 0.04 | 0.11 | 0.10 |
| EPS Growth % | -439.86% | - | -68.1% | -89.9% | -197.95% | -97.87% | -76.75% | -33.1% | -56.02% | -44.03% | -7.69% | -16.01% | -5.41% | 78.25% | 18.18% | -31.3% | 30% | 11.9% | 823.68% | 42.86% |
| EPS (Basic) | -0.08 | -0.04 | 0.01 | 0.00 | -0.01 | 0.00 | 0.03 | 0.04 | 0.01 | 0.04 | 0.12 | 0.06 | 0.03 | 0.08 | 0.14 | 0.07 | 0.04 | 0.04 | 0.11 | 0.11 |
| Diluted Shares Outstanding | 43.7M | 43.97M | 43.89M | 43.93M | 43.8M | 43.89M | 43.76M | 43.72M | 43.67M | 43.73M | 43.51M | 43.51M | 43.83M | 50.72M | 51.25M | 51.16M | 51.45M | 51.38M | 51.33M | 51.06M |
| Basic Shares Outstanding | 43.7M | 43.97M | 43.88M | 43.82M | 43.8M | 43.79M | 43.69M | 43.57M | 43.5M | 43.52M | 43.36M | 43.24M | 43.46M | 50.42M | 50.89M | 50.71M | 50.66M | 50.55M | 50.26M | 50.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1822.4% | - | - | - |