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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›TTSH›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

TILE SHOP HOLDINGS, INC. (TTSH) financials

Income statement

TILE SHOP HOLDINGS, INC. (TTSH) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$324M$345M$357M$340M$325M$371M$395M$377M$347M$337M
Revenue growth—6.3%3.7%-4.7%-4.5%14.0%6.5%-4.4%-8.0%-3.0%
Gross profit$227M$236M$251M$236M$222M$253M$259M$243M$228M$215M
Gross margin70.0%68.5%70.4%69.4%68.1%68.3%65.6%64.4%65.7%63.8%
Operating income$32.9M$25.8M$18.1M-$1.36M$6.38M$20.6M$22.6M$16.2M$3.52M-$5.81M
Operating margin10.2%7.5%5.1%-0.4%2.0%5.6%5.7%4.3%1.0%-1.7%
Net income$18.5M$10.8M$10.4M-$4.46M$6.03M$14.8M$15.7M$10.1M$2.32M-$4.49M
Net margin5.7%3.1%2.9%-1.3%1.9%4.0%4.0%2.7%0.7%-1.3%
EPS (diluted)$0.36$0.21$0.20-$0.09$0.12$0.29$0.32$0.23$0.05-$0.10

Cash flow

TILE SHOP HOLDINGS, INC. (TTSH) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$53.6M$45.7M$18.2M$38.6M$65.6M$39.7M$2.71M$62.1M$27.1M$5.79M
Capital expenditures$27.3M$40.6M$35.3M$27.0M$1.97M$11.1M$14.0M$15.3M$14.5M$9.56M
Free cash flow$26.3M$5.13M-$17.1M$11.6M$63.6M$28.6M-$11.3M$46.7M$12.6M-$3.77M
Share buybacks———$10.5M——$30.2M——$32.0M
Dividends paid—$10.4M$10.4M$7.71M—$32.9M————

Balance sheet

TILE SHOP HOLDINGS, INC. (TTSH) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$6.07M$6.62M$5.56M$9.10M$9.62M$9.36M$5.95M$8.62M$21.0M$10.1M
Total assets$265M$271M$298M$400M$343M$341M$346M$317M$320M$302M
Total liabilities$126M$127M$151M$269M$204M$219M$237M$197M$197M$214M
Long-term debt$22.1M$18.2M$53.0M$63.0M—$5.00M$45.4M——$25.0M
Shareholders' equity$139M$144M$146M$131M$139M$122M$109M$120M$123M$87.2M
Retained earnings-$47.1M-$36.2M-$25.9M-$25.5M-$19.5M-$4.71M-$19.2M-$9.11M-$6.79M-$11.3M
Shares (wtd avg diluted)51.9M51.9M52.1M50.6M50.6M51.1M49.2M43.6M43.9M43.7M

Every figure is extracted from TILE SHOP HOLDINGS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is TILE SHOP HOLDINGS, INC.'s annual revenue?
TILE SHOP HOLDINGS, INC. (TTSH) reported $337M of revenue for fiscal year 2025 — down 3.0% from $347M in FY2024, per its annual report filed with the SEC.
Is TILE SHOP HOLDINGS, INC. profitable?
Not in FY2025 — TTSH reported a net loss of $4.49M, per SEC filings.
What is TILE SHOP HOLDINGS, INC.'s free cash flow?
-$3.77M in FY2025 (operating cash flow $5.79M minus $9.56M of capital expenditures), from the SEC cash-flow statement.
Does TTSH pay a dividend?
TILE SHOP HOLDINGS, INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TTSH analysis — verdict, score & filings →Is TTSH a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.