Tilly's, Inc. (TLYS) Income Statement
TLYS FY2026 at a glance
Fiscal year ended February 28, 2026 · U.S. dollarsTLYS revenue and net income
Where TLYS's revenue goes
FY2026Each bar shows an amount and its share of revenue. TLYS kept −3.2% of revenue as net income.
TLYS profit margins
TLYS growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.8% | −6.3% | +0.8% | +0.0% |
| Gross profit | +9.9% | −6.7% | +3.0% | −0.2% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TLYS quarterly EPS vs estimates
Tilly's beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: December 2, 2026 (estimate $0.09).
TLYS income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $553.6M | $569.5M | $623.1M | $672.3M | $775.7M | $531.3M | $619.3M | $598.5M | $576.9M | $569.0M |
| Cost of revenue | $389.1M | $419.8M | $457.4M | $469.5M | $499.0M | $389.1M | $432.6M | $417.6M | $401.5M | $400.5M |
| Gross profit | $164.5M | $149.7M | $165.7M | $202.8M | $276.7M | $142.2M | $186.7M | $180.9M | $175.4M | $168.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $183.8M | $199.5M | $196.6M | $191.6M | $189.1M | $145.2M | $158.3M | $149.4M | $151.4M | $149.1M |
| Total operating expenses | $183.8M | $199.0M | $193.2M | $191.3M | $189.1M | $145.2M | $158.3M | $149.4M | $151.4M | $149.1M |
| Operating income | −$19.3M | −$49.8M | −$27.6M | $11.5M | $87.6M | −$3.0M | $28.5M | $31.5M | $24.0M | $19.3M |
| Interest expense | — | — | — | $2.0M | $594,000 | $581,000 | $2.9M | $0 | $1.2M | $0 |
| Income before taxes | −$17.6M | −$46.0M | −$25.8M | $13.4M | $87.0M | −$2.5M | $31.4M | $33.8M | $25.2M | $19.7M |
| Income taxes | −$137,000 | $217,000 | $8.7M | $3.3M | $22.8M | −$1.3M | $8.7M | $8.8M | $10.5M | $8.3M |
| Net income | −$17.5M | −$46.2M | −$34.5M | $9.7M | $64.2M | −$1.1M | $22.6M | $24.9M | $14.7M | $11.4M |
| EBITDA | −$8.8M | −$37.1M | −$18.1M | $25.3M | $104.4M | $16.0M | $49.4M | $54.0M | $47.4M | $42.6M |
| EPS (diluted) | −$0.59 | −$1.36 | −$0.27 | $0.34 | $2.06 | −$0.05 | $1.06 | $0.55 | $0.69 | $0.48 |
| Gross margin | 29.7% | 26.3% | 26.6% | 30.2% | 35.7% | 26.8% | 30.1% | 30.2% | 30.4% | 29.6% |
| Operating margin | −3.5% | −8.8% | −4.4% | 1.7% | 11.3% | −0.6% | 4.6% | 5.3% | 4.2% | 3.4% |
| Net margin | −3.2% | −8.1% | −5.5% | 1.4% | 8.3% | −0.2% | 3.7% | 4.2% | 2.5% | 2.0% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $163.5M | $124.7M | $155.1M | $139.6M | $151.3M | $107.6M | $147.3M | $143.4M | $162.9M | $115.9M | $173.0M | $166.5M |
| Cost of revenue | $105.4M | $88.6M | $103.6M | $97.0M | $102.2M | $86.3M | $109.0M | $106.2M | $112.9M | $91.5M | $126.3M | $117.8M |
| Gross profit | $58.1M | $36.1M | $51.5M | $42.6M | $49.1M | $21.3M | $38.3M | $37.2M | $49.9M | $24.3M | $46.7M | $48.7M |
| Sales, general & admin | $49.9M | $44.2M | $48.9M | $44.4M | $46.3M | $44.0M | $62.5M | $51.3M | $50.9M | $45.1M | $55.2M | $51.2M |
| Total operating expenses | $75.7M | $44.2M | $48.9M | $44.4M | $46.4M | $44.0M | $52.3M | $51.3M | $50.6M | $43.4M | $54.4M | $51.2M |
| Operating income | −$17.6M | −$8.1M | $2.6M | −$1.8M | $2.7M | −$22.7M | −$14.1M | −$14.1M | −$728,000 | −$19.1M | −$7.7M | −$2.5M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $1.1M | — |
| Income before taxes | $8.5M | −$7.8M | $3.0M | −$1.4M | $3.1M | −$22.3M | −$13.4M | −$12.9M | −$73,000 | −$19.6M | −$6.9M | −$1.2M |
| Income taxes | $86,000 | $137,000 | $18,000 | $25,000 | −$41,000 | −$139,000 | $239,000 | −$5,000 | −$4,000 | −$13,000 | $13.6M | −$328,000 |
| Net income | $8.4M | −$8.0M | $2.9M | −$1.4M | $3.2M | −$22.2M | −$13.7M | −$12.9M | −$69,000 | −$19.6M | −$20.6M | −$847,000 |
| EBITDA | −$15.5M | −$5.8M | $5.0M | $603,500 | $5.9M | −$19.9M | −$11.0M | −$10.8M | $2.4M | −$16.5M | −$5.2M | $574,000 |
| EPS (diluted) | $0.27 | −$0.26 | $0.10 | −$0.05 | $0.10 | −$0.74 | −$0.45 | −$0.43 | −$0.00 | −$0.48 | −$0.17 | −$0.03 |
| Gross margin | 35.5% | 28.9% | 33.2% | 30.5% | 32.5% | 19.8% | 26.0% | 25.9% | 30.7% | 21.0% | 27.0% | 29.3% |
| Operating margin | −10.8% | −6.5% | 1.7% | −1.3% | 1.8% | −21.1% | −9.6% | −9.8% | −0.4% | −16.5% | −4.5% | −1.5% |
| Net margin | 5.1% | −6.4% | 1.9% | −1.0% | 2.1% | −20.6% | −9.3% | −9.0% | −0.0% | −16.9% | −11.9% | −0.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TLYS's financial statements (latest annual report filed April 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TLYS financial results
In fiscal year 2026 (ended February 28, 2026), Tilly's reported revenue of $553.6 million, down 2.8% from the year before. It had a net loss of $17.5 million, a net profit margin of −3.2%. Diluted earnings per share came to −$0.59. Over five years revenue grew at an average rate of 0.8% a year.
See the TLYS stock overview for the latest quote and news, or the TLYS chart for price history and technical indicators.
TLYS income statement FAQ
What is Tilly's's annual revenue?
Tilly's reported total revenue of $553.6 million for fiscal year 2026, which ended on February 28, 2026. That was down 2.8% from $569.5 million the previous year.
Is Tilly's profitable?
No. Tilly's reported a net loss of $17.5 million in fiscal 2026, a net profit margin of −3.2%; its operating margin was −3.5%.
What is Tilly's's gross margin?
Tilly's's gross margin was 29.7% in fiscal 2026: for every $100 of revenue, Tilly's kept $30 after the direct cost of its products and services.
How fast is Tilly's growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $531.3 million to $553.6 million.
What are Tilly's's earnings per share?
Tilly's earned $-0.59 per diluted share in fiscal 2026, compared with $-1.36 a year earlier.
When will Tilly's report its next earnings?
Tilly's is expected to report results for the quarter ending November 30, 2026 on December 2, 2026 after the market closes.
When does Tilly's's fiscal year end?
Tilly's's fiscal year ends in February. The latest annual report covers the year ended February 28, 2026 and was filed on April 9, 2026.