NYSE : TLYS
Tilly's, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 4.34 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 132.75M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Tilly's, Inc. (TLYS) reported revenue of 582.94M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 582.94M | 553.59M | 569.45M | 623.08M | 672.28M | 775.69M |
| Cost of Revenue | 315.48M | 307.92M | 334.32M | 369.56M | 386.06M | 417.29M |
| Gross Profit | 267.47M | 245.66M | 235.14M | 253.52M | 286.22M | 358.41M |
| Selling, General & Admin | 265.57M | 263.85M | 280.62M | 281.07M | 275.02M | 270.68M |
| Operating Expenses | 265.57M | 263.85M | 280.62M | 281.07M | 275.02M | 270.68M |
| Operating Income | 1.90M | -18.18M | -45.48M | -27.55M | 11.20M | 87.73M |
| Other Non Operating Income (Expenses) | 1.43M | 1.35M | 2.04M | 3.30M | 1.58M | -726.00K |
| EBT Excluding Unusual Items | 3.33M | -16.83M | -43.45M | -24.25M | 12.78M | 87.00M |
| Gain (Loss) on Sale of Investments | 51.00K | 400.00K | 1.80M | 1.90M | 400.00K | 132.00K |
| Asset Writedown | -1.16M | -1.16M | -4.37M | -3.43M | -17.10K | -136.00K |
| Pretax Income | 2.23M | -17.59M | -46.01M | -25.78M | 13.17M | 87.00M |
| Income Tax Expense | 266.00K | -137.00K | 217.00K | 8.71M | 3.49M | 22.75M |
| Net Income | 1.96M | -17.45M | -46.23M | -34.49M | 9.68M | 64.25M |
| Net Income to Common | 1.96M | -17.45M | -46.23M | -34.49M | 9.68M | 64.25M |
| Shares Outstanding (Basic) | 30.15M | 30.09M | 30.03M | 29.85M | 30.11M | 30.56M |
| Shares Outstanding (Diluted) | 30.47M | 30.09M | 30.03M | 29.85M | 30.32M | 31.12M |
| EPS (Basic) | 0.07 | -0.58 | -1.54 | -1.16 | 0.32 | 2.10 |
| EPS (Diluted) | 0.06 | -0.58 | -1.54 | -1.16 | 0.32 | 2.06 |
| Free Cash Flow | 11.27M | -589.00K | -50.24M | -20.69M | -16.54M | 49.98M |
| Free Cash Flow Per Share | 0.37 | -0.02 | -1.67 | -0.69 | -0.55 | 1.61 |
| Gross Margin | 45.88% | 44.38% | 41.29% | 40.69% | 42.58% | 46.20% |
| Operating Margin | 0.33% | -3.28% | -7.99% | -4.42% | 1.67% | 11.31% |
| Profit Margin | 0.34% | -3.15% | -8.12% | -5.54% | 1.44% | 8.28% |
| Free Cash Flow Margin | 1.93% | -0.11% | -8.82% | -3.32% | -2.46% | 6.44% |
| EBITDA | 11.31M | -7.60M | -32.71M | -14.72M | 25.34M | 104.57M |
| EBITDA Margin | 1.94% | -1.37% | -5.74% | -2.36% | 3.77% | 13.48% |
| D&A For EBITDA | 9.41M | 10.58M | 12.77M | 12.83M | 14.13M | 16.84M |
| EBIT | 1.90M | -18.18M | -45.48M | -27.55M | 11.20M | 87.73M |
| EBIT Margin | 0.33% | -3.28% | -7.99% | -4.42% | 1.67% | 11.31% |
| Effective Tax Rate | 11.93% | 26.51% | 26.15% | |||
| Advertising Expenses | 25.30M | 24.00M | 24.40M | 23.20M | 24.50M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 52.33M | 46.31M | 21.06M | 47.03M | 73.53M | 42.20M |
| Short-Term Investments | 9.86M | 25.65M | 48.02M | 39.75M | 97.03M | |
| Cash & Short-Term Investments | 62.20M | 46.31M | 46.71M | 95.05M | 113.28M | 139.23M |
| Accounts Receivable | 12.59M | 2.90M | 2.21M | 5.08M | 7.22M | 4.06M |
| Other Receivables | 3.20M | 1.88M | 862.00K | 2.02M | 2.65M | |
| Receivables | 12.59M | 6.09M | 4.09M | 5.95M | 9.24M | 6.71M |
| Inventory | 80.16M | 61.69M | 69.18M | 63.16M | 62.12M | 65.64M |
| Prepaid Expenses | 6.97M | 8.77M | 8.28M | 7.39M | 6.53M | 5.89M |
| Other Current Assets | 2.32M | 2.70M | 4.51M | 11.23M | 10.51M | |
| Total Current Assets | 161.92M | 125.19M | 130.96M | 176.06M | 202.40M | 227.98M |
| Property, Plant & Equipment | 183.47M | 183.87M | 209.94M | 251.89M | 263.48M | 264.04M |
| Long-Term Deferred Tax Assets | 8.50M | 11.45M | ||||
| Other Long-Term Assets | 1.76M | 1.70M | 1.56M | 1.60M | 1.38M | 1.36M |
| Total Assets | 347.15M | 310.76M | 342.46M | 429.55M | 475.75M | 504.82M |
| Accounts Payable | 42.35M | 21.72M | 11.12M | 14.51M | 15.96M | 28.14M |
| Accrued Expenses | 32.28M | 18.82M | 20.99M | 19.35M | 19.06M | 33.20M |
| Current Portion of Leases | 49.01M | 45.05M | 51.81M | 51.79M | 51.70M | 54.04M |
| Current Unearned Revenue | 13.16M | 13.29M | 14.12M | 14.96M | 16.10M | 17.10M |
| Other Current Liabilities | 2.95M | 1.23M | 1.35M | 3.95M | 5.48M | 3.69M |
| Total Current Liabilities | 139.75M | 100.11M | 99.38M | 104.56M | 108.30M | 136.17M |
| Long-Term Leases | 120.40M | 125.40M | 142.06M | 179.80M | 190.30M | 192.97M |
| Other Long-Term Liabilities | 75.00K | 99.00K | 149.00K | 321.00K | 349.00K | 978.00K |
| Total Liabilities | 260.23M | 225.62M | 241.59M | 284.68M | 298.95M | 330.11M |
| Common Stock | 30.00K | 30.00K | 30.00K | 30.00K | 30.00K | 31.00K |
| Additional Paid-In Capital | 178.05M | 176.75M | 174.83M | 172.48M | 170.03M | 166.93M |
| Retained Earnings | -91.22M | -91.64M | -74.19M | -27.96M | 6.53M | 7.75M |
| Comprehensive Income & Other | 58.00K | 203.00K | 323.00K | 205.00K | -1.00K | |
| Shareholders' Equity | 86.92M | 85.14M | 100.87M | 144.87M | 176.80M | 174.71M |
| Total Liabilities & Equity | 347.15M | 310.76M | 342.46M | 429.55M | 475.75M | 504.82M |
| Total Debt | 169.41M | 170.46M | 193.87M | 231.59M | 242.00M | 247.00M |
| Net Cash (Debt) | -107.22M | -124.14M | -147.16M | -136.54M | -128.72M | -107.77M |
| Net Cash Per Share | -3.52 | -4.13 | -4.90 | -4.57 | -4.25 | -3.46 |
| Filing Date Shares Outstanding | 30.59M | 30.47M | 30.15M | 30.05M | 29.88M | 30.52M |
| Total Common Shares Outstanding | 30.59M | 30.47M | 30.15M | 30.02M | 29.87M | 31.02M |
| Working Capital | 22.17M | 25.08M | 31.58M | 71.50M | 94.09M | 91.81M |
| Book Value Per Share | 2.84 | 2.79 | 3.35 | 4.83 | 5.92 | 5.63 |
| Tangible Book Value | 86.92M | 85.14M | 100.87M | 144.87M | 176.80M | 174.71M |
| Tangible Book Value Per Share | 2.84 | 2.79 | 3.35 | 4.83 | 5.92 | 5.63 |
| Machinery | 126.81M | 126.68M | 129.55M | 130.95M | 126.93M | 123.55M |
| Construction In Progress | 4.70M | 4.43M | 2.94M | 4.64M | 6.21M | 3.62M |
| Leasehold Improvements | 148.86M | 150.34M | 156.46M | 160.57M | 158.51M | 150.24M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.96M | -17.45M | -46.23M | -34.49M | 9.68M | 64.25M |
| Depreciation & Amortization | 9.41M | 10.58M | 12.77M | 12.83M | 14.13M | 16.84M |
| Loss (Gain) From Sale of Assets | 48.00K | 62.00K | -29.00K | 38.00K | 92.00K | 74.00K |
| Asset Writedown & Restructuring Costs | 27.00K | 1.16M | 4.37M | 3.43M | 17.00K | 136.00K |
| Loss (Gain) From Sale of Investments | -50.00K | -363.00K | -1.82M | -1.97M | -466.00K | -132.00K |
| Stock-Based Compensation | 2.28M | 1.93M | 2.06M | 2.22M | 2.27M | 1.92M |
| Other Operating Activities | 8.50M | 2.97M | 620.00K | |||
| Change in Accounts Receivable | -808.00K | -1.58M | 2.86M | 5.56M | 1.71M | 4.02M |
| Change in Inventory | 1.07M | 7.49M | -6.02M | -1.04M | 3.50M | -10.06M |
| Change in Accounts Payable | 598.00K | 10.57M | -3.40M | -1.47M | -12.19M | 3.17M |
| Change in Unearned Revenue | 155.00K | -826.00K | -841.00K | -1.15M | -993.00K | 3.60M |
| Change in Other Net Operating Assets | 2.05M | -7.46M | -5.72M | 806.00K | -22.14M | -21.03M |
| Operating Cash Flow | 16.74M | 4.10M | -42.02M | -6.73M | -1.42M | 63.40M |
| Capital Expenditures | -5.47M | -4.69M | -8.22M | -13.96M | -15.12M | -13.43M |
| Sale of Property, Plant & Equipment | 21.00K | 30.00K | 24.00K | 10.00K | 6.00K | 37.00K |
| Investment in Securities | -9.76M | 25.82M | 23.95M | -6.04M | 57.92M | -31.97M |
| Other Investing Activities | 29.00K | |||||
| Investing Cash Flow | -15.20M | 21.16M | 15.75M | -19.99M | 42.80M | -45.33M |
| Issuance of Common Stock | 117.00K | 294.00K | 400.00K | 176.00K | 9.57M | |
| Repurchase of Common Stock | -10.90M | |||||
| Other Financing Activities | -173.00K | 661.00K | ||||
| Financing Cash Flow | 117.00K | 294.00K | 227.00K | -10.06M | -52.06M | |
| Net Cash Flow | 1.65M | 25.26M | -25.97M | -26.50M | 31.32M | -33.98M |
| Free Cash Flow | 11.27M | -589.00K | -50.24M | -20.69M | -16.54M | 49.98M |
| Free Cash Flow Margin | 1.93% | -0.11% | -8.82% | -3.32% | -2.46% | 6.44% |
| Free Cash Flow Per Share | 0.37 | -0.02 | -1.67 | -0.69 | -0.55 | 1.61 |
| Levered Free Cash Flow | 14.04M | 9.31M | -30.25M | -11.85M | -17.62M | 44.45M |
| Unlevered Free Cash Flow | 14.04M | 9.31M | -30.25M | -11.85M | -17.62M | 44.45M |
| Cash Interest Paid | 1.00K | |||||
| Cash Income Tax Paid | -375.00K | -2.46M | -6.43M | 1.47M | 38.50M | |
| Change in Working Capital | 3.06M | 8.19M | -13.13M | 2.71M | -30.11M | -20.30M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 134.28M | 44.80M | 130.56M | 225.40M | 259.64M | 394.50M |
| Enterprise Value | 241.49M | 171.70M | 284.58M | 376.03M | 406.44M | 497.50M |
| Last Close Price | 4.21 | 1.47 | 4.33 | 7.52 | 8.70 | 12.74 |
| PE Ratio | 74.30 | 26.83 | 6.14 | |||
| Forward PE | 33.77 | 84.34 | 84.34 | 84.34 | 40.94 | 8.04 |
| PS Ratio | 0.22 | 0.08 | 0.23 | 0.36 | 0.39 | 0.51 |
| PB Ratio | 1.48 | 0.53 | 1.29 | 1.56 | 1.47 | 2.26 |
| P/TBV Ratio | 1.48 | 0.53 | 1.29 | 1.56 | 1.47 | 2.26 |
| P/FCF Ratio | 11.43 | 7.89 | ||||
| P/OCF Ratio | 7.69 | 10.93 | 6.22 | |||
| PEG Ratio | 1.62 | 1.62 | 1.62 | 1.62 | 1.62 | |
| EV/Sales Ratio | 0.40 | 0.31 | 0.50 | 0.60 | 0.60 | 0.64 |
| EV/EBITDA Ratio | 20.87 | 16.04 | 4.76 | |||
| EV/EBIT Ratio | 124.14 | 36.28 | 5.67 | |||
| EV/FCF Ratio | 20.94 | 9.96 | ||||
| Debt / Equity Ratio | 1.95 | 2.00 | 1.92 | 1.60 | 1.37 | 1.41 |
| Debt / EBITDA Ratio | 1.83 | 2.26 | 3.54 | 3.08 | 2.19 | 1.31 |
| Debt / FCF Ratio | 15.03 | 4.94 | ||||
| Net Debt / Equity Ratio | 1.23 | 1.46 | 1.46 | 0.94 | 0.73 | 0.62 |
| Net Debt / EBITDA Ratio | 9.48 | -16.33 | -4.50 | -9.28 | 5.08 | 1.03 |
| Net Debt / FCF Ratio | 9.51 | -210.77 | -2.93 | -6.60 | -7.78 | 2.16 |
| Asset Turnover | 1.68 | 1.70 | 1.48 | 1.38 | 1.37 | 1.53 |
| Inventory Turnover | 3.91 | 4.71 | 5.05 | 5.90 | 6.04 | 6.88 |
| Quick Ratio | 0.54 | 0.52 | 0.51 | 0.97 | 1.13 | 1.07 |
| Current Ratio | 1.16 | 1.25 | 1.32 | 1.68 | 1.87 | 1.67 |
| Return on Equity (ROE) | 2.32% | -18.76% | -37.62% | -21.45% | 5.51% | 38.32% |
| Return on Assets (ROA) | 0.34% | -3.48% | -7.36% | -3.80% | 1.43% | 10.83% |
| Return on Invested Capital (ROIC) | 0.82% | -7.95% | -17.18% | -9.39% | 2.80% | 22.82% |
| Return on Capital Employed (ROCE) | 0.90% | -8.60% | -18.70% | -8.50% | 3.00% | 23.80% |
| Earnings Yield | 1.35% | -38.96% | -35.41% | -15.30% | 3.73% | 16.29% |
| FCF Yield | 8.75% | -1.31% | -38.48% | -9.18% | -6.37% | 12.67% |
| Buyback Yield / Dilution | -1.33% | -0.22% | -0.60% | 1.57% | 2.56% | -4.78% |