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TILE SHOP HOLDINGS, INC.

CIK: 1552800 SIC: 5700
$336.82M
Revenue
$-4.49M
Net Income
63.84%
Gross Margin
-1.73%
Op. Margin
$9.61M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 14 of 38 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $77.49M $83.06M $88.26M $88.01M $79.45M $84.50M $91.38M $91.73M $84.46M $92.11M $98.56M $102.02M $87.47M $97.15M
Revenue Growth % (YoY) -2.5% -1.7% -3.4% -4.1% -5.9% -8.3% -7.3% -10.1% -3.4% -5.2% nan% nan% nan% nan%
Cost of Revenue $29.66M $30.79M $31.42M $29.94M $28.46M $28.28M $31.05M $31.41M $29.80M $32.55M $35.26M $36.48M $31.01M $32.54M
+ Gross Profit $47.83M $52.28M $56.84M $58.07M $51.00M $56.23M $60.33M $60.32M $54.66M $59.56M $63.30M $65.54M $56.46M $64.61M
Gross Margin % 61.7% 62.9% 64.4% 66.0% 64.2% 66.5% 66.0% 65.8% 64.7% 64.7% 64.2% 64.2% 64.5% 66.5%
Selling General & Admin $52.30M $54.24M $56.40M $57.89M $51.86M $55.98M $58.48M $58.04M $53.19M $56.73M $55.57M $61.41M $53.87M $59.11M
+ Operating Income $-4.47M $-1.97M $440.00K $183.00K $-867.00K $250.00K $1.85M $2.28M $1.47M $2.83M $7.73M $4.12M $2.59M $5.50M
Operating Margin % -5.8% -2.4% 0.5% 0.2% -1.1% 0.3% 2.0% 2.5% 1.7% 3.1% 7.8% 4.0% 3.0% 5.7%
Interest Expense $93.00K $-4.00K $-29.00K $-18.00K $-19.00K $71.00K $57.00K $166.00K $244.00K $453.00K $668.00K $798.00K $793.00K $319.00K
Income Before Tax $-4.56M $-1.96M $469.00K $201.00K $-848.00K $179.00K $1.79M $2.12M $1.23M $2.38M $7.07M $3.33M $1.80M $5.18M
Income Tax Expense $-1.12M $-348.00K $77.00K $29.00K $-220.00K $138.00K $575.00K $428.00K $590.00K $532.00K $1.99M $815.00K $346.00K $1.36M
+ Net Income $-3.44M $-1.61M $392.00K $172.00K $-628.00K $41.00K $1.22M $1.69M $636.00K $1.84M $5.08M $2.51M $1.45M $3.82M
Net Margin % -4.4% -1.9% 0.4% 0.2% -0.8% 0.0% 1.3% 1.8% 0.8% 2.0% 5.2% 2.5% 1.7% 3.9%
Basic EPS -0.08 -0.04 0.01 0.00 -0.02 0.00 0.03 0.04 0.01 0.04 0.12 0.06 0.04 0.08
Diluted EPS -0.08 -0.04 0.01 0.00 -0.02 0.00 0.03 0.04 0.01 0.04 0.12 0.06 0.04 0.08
Basic Shares Outstanding - 44.0M 43.9M 43.8M 29K 43.8M 43.7M 43.6M 39K 43.5M 43.4M 43.2M -1.8M 50.4M
Diluted Shares Outstanding - 44.0M 43.9M 43.9M 68K 43.9M 43.8M 43.7M 65K 43.7M 43.5M 43.5M -1.8M 50.7M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $10.12M $24.14M $27.76M $27.06M $20.96M $25.06M $25.34M $24.03M $8.62M $16.37M $14.59M $8.62M $5.95M $12.42M
Accounts Receivable $3.46M $3.77M $4.34M $3.86M $3.08M $3.27M $3.65M $3.94M $2.88M $3.50M $3.87M $3.82M $3.41M $4.10M
Inventory $89.40M $87.24M $85.97M $88.14M $86.27M $84.53M $86.07M $88.83M $93.68M $98.71M $106.86M $115.48M $120.95M $121.48M
Other Current Assets $8.86M $8.41M $6.67M $7.79M $8.66M $9.20M $8.50M $9.74M $9.25M $10.35M $9.01M $10.46M $10.42M $11.60M
Total Current Assets $113.00M $124.94M $126.27M $127.70M $119.82M $123.17M $124.98M $126.67M $114.56M $130.02M $135.86M $139.25M $146.40M $152.84M
Property Plant & Equipment $54.32M $56.68M $59.09M $59.57M $59.73M $60.90M $59.96M $62.37M $64.32M $65.13M $66.94M $68.38M $71.09M $73.37M
Other Non-current Assets $1.59M $1.66M $1.87M $2.10M $2.30M $1.84M $2.18M $2.94M $3.45M $3.46M $3.49M $3.10M $3.29M $2.97M
Total Assets $301.73M $315.44M $324.11M $324.79M $319.60M $320.70M $322.30M $325.92M $316.67M $322.71M $325.44M $334.70M $345.82M $360.98M
Accounts Payable $25.33M $24.07M $25.61M $27.32M $23.81M $21.37M $21.92M $24.26M $23.34M $26.25M $24.39M $25.56M $23.51M $32.81M
Accrued Liabilities $23.92M $27.60M $27.86M $29.52M $25.64M $30.89M $31.34M $34.06M $27.00M $32.76M $33.65M $37.51M $31.92M $40.12M
Deferred Revenue $9.90M - - - $10.90M - - - - - - - - -
Total Current Liabilities $79.21M $81.23M $82.78M $86.48M $78.39M $81.10M $82.03M $87.68M $78.75M $86.33M $85.53M $91.17M $83.29M $103.13M
Long-term Debt $25.00M - - - - - - - - $10.00M $20.00M $25.00M $45.40M $30.40M
Other Non-current Liabilities $5.32M $5.31M $5.05M $4.36M $4.60M $4.59M $4.65M $5.02M $5.54M $3.84M $4.48M $4.48M $5.01M $4.15M
Total Liabilities $214.49M $192.88M $200.23M $201.60M $196.69M $197.47M $199.50M $204.62M $196.99M $203.95M $208.85M $223.44M $237.05M $239.25M
Common Stock $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $5.00K
Retained Earnings $-11.28M $-7.84M $-6.23M $-6.62M $-6.79M $-6.16M $-6.20M $-7.42M $-9.11M $-9.74M $-11.59M $-16.67M $-19.18M $-6.01M
Total Stockholders Equity $87.24M $122.56M $123.88M $123.19M $122.91M $123.23M $122.79M $121.30M $119.69M $118.75M $116.59M $111.26M $108.77M $121.73M
Total Liabilities & Equity $301.73M $315.44M $324.11M $324.79M $319.60M $320.70M $322.30M $325.92M $316.67M $322.71M $325.44M $334.70M $345.82M $360.98M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $-3.44M $-1.61M $392.00K $172.00K $-628.00K $2.95M $1.22M $1.69M $636.00K $1.84M $5.08M $2.51M $1.45M $3.82M
Depreciation & Amortization $4.07M $3.71M $4.19M $4.00M $3.96M $13.80M $9.34M $4.74M $4.83M $16.39M $11.33M $5.78M $6.13M $19.01M
Stock-based Compensation $301.00K $296.00K $307.00K $378.00K $330.00K $1.01M $672.00K $392.00K $320.00K $1.07M $706.00K $405.00K $215.00K $1.62M
Change in Receivables $-312.00K $688.00K $1.25M $774.00K $-179.00K $382.00K $772.00K $1.05M $-618.00K $90.00K $460.00K $412.00K $-693.00K $902.00K
Change in Inventory $2.16M $973.00K $-302.00K $1.88M $1.74M $-9.15M $-7.61M $-4.84M $-5.03M $-22.24M $-14.09M $-5.47M $-528.00K $24.30M
Change in Payables $1.10M $162.00K $1.34M $3.30M $2.47M $-1.65M $-1.12M $800.00K $-2.37M $2.49M $984.00K $2.12M $-9.89M $1.83M
Operating Cash Flow $-5.46M $11.26M $13.49M $9.99M $-1.40M $28.51M $23.45M $18.59M $5.89M $56.17M $41.44M $25.82M $-4.47M $7.18M
Capital Expenditure $1.64M $7.92M $6.47M $3.62M $2.78M $11.76M $6.26M $2.72M $4.27M $11.05M $8.08M $3.37M $3.69M $10.34M
Investing Cash Flow $-1.58M $-7.79M $-6.40M $-3.62M $-2.67M $-11.66M $-6.26M $-2.72M $-4.27M $-10.99M $-8.08M $-3.37M $-3.69M $-10.34M
Stock Repurchased - - - - - - - - - - - - $14.63M $15.54M
Financing Cash Flow $-6.98M $-284.00K $-284.00K $-267.00K $-22.00K $-481.00K $-463.00K $-455.00K $-10.04M $-35.89M $-25.85M $-20.83M $343.00K $8.77M
Net Change in Cash $-14.03M $3.19M $6.80M $6.10M $-4.10M $16.44M $16.72M $15.41M $-8.41M $9.27M $7.49M $1.63M $-7.79M $5.54M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $83.06M $84.50M $259.33M $267.62M
Cost of Revenue $30.79M $28.28M $92.14M $90.74M
Gross Profit $52.28M $56.23M $167.19M $176.88M
Selling General & Admin $54.24M $55.98M $168.53M $172.49M
Operating Income $-1.97M $250.00K $-1.34M $4.38M
Interest Expense $-4.00K $71.00K $-52.00K $294.00K
Income Before Tax $-1.96M $179.00K $-1.29M $4.09M
Income Tax Expense $-348.00K $138.00K $-242.00K $1.14M
Net Income $-1.61M $41.00K $-1.05M $2.95M
Basic EPS -0.04 0.00 -0.02 0.07
Diluted EPS -0.04 0.00 -0.02 0.07
Basic Shares Outstanding $43.97M $43.79M $43.89M $43.69M
Diluted Shares Outstanding $43.97M $43.89M $43.89M $43.78M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $24.14M $20.96M
Accounts Receivable $3.77M $3.08M
Inventory $87.24M $86.27M
Other Current Assets $8.41M $8.66M
Total Current Assets $124.94M $119.82M
Property Plant & Equipment $56.68M $59.73M
Other Non-current Assets $1.66M $2.30M
Total Assets $315.44M $319.60M
Accounts Payable $24.07M $23.81M
Accrued Liabilities $27.60M $25.64M
Total Current Liabilities $81.23M $78.39M
Long-term Debt - -
Other Non-current Liabilities $5.31M $4.60M
Total Liabilities $192.88M $196.69M
Common Stock $4.00K $4.00K
Retained Earnings $-7.84M $-6.79M
Total Stockholders Equity $122.56M $122.91M
Total Liabilities & Equity $315.44M $319.60M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-1.61M $41.00K $-1.05M $2.95M
Depreciation & Amortization $3.71M $4.46M $11.91M $13.80M
Stock-based Compensation $296.00K $336.00K $981.00K $1.01M
Change in Receivables - - $688.00K $382.00K
Change in Inventory - - $973.00K $-9.15M
Change in Payables - - $162.00K $-1.65M
Operating Cash Flow - - $11.26M $28.51M
Capital Expenditure - - $7.92M $11.76M
Investing Cash Flow - - $-7.79M $-11.66M
Financing Cash Flow - - $-284.00K $-481.00K
Net Change in Cash - - $3.19M $16.44M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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