Tilly's, Inc. (TLYS) Financial Statements
Industry: Apparel & Accessory Stores (Retail)
In fiscal 2025, Tilly's reported revenue of $553.6M, down 2.8% from $569.5M the year before. Net income was -$17.5M (a -3.2% net margin), or -$0.58 per diluted share. Gross margin was 29.7% and operating margin was -3.5%. Operating activities generated $4.1M of cash, leaving -$589,000 of free cash flow. At fiscal year end, Tilly's held $310.8M in total assets against $225.6M in total liabilities, including $46.3M of cash and equivalents.
Open the full interactive Tilly's financials → Quarterly statements, key ratios, valuation history and price charts.
Tilly's Key Stats
| Share Price | $4.68 |
|---|---|
| Market Cap | $145.8M |
| Revenue YoY Growth | -2.8% |
| 52-Week Range | $1.18 – $5.45 |
| Shares Outstanding | 30.3 million (basic, 2026 Q2) |
Tilly's Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $531.3M | $775.7M | $672.3M | $623.1M | $569.5M | $553.6M |
| Cost of Goods Sold | $389.1M | $499.0M | $469.5M | $457.4M | $419.8M | $389.1M |
| Gross Profit | $142.2M | $276.7M | $202.7M | $165.7M | $149.7M | $164.5M |
| Operating Income | -$3.0M | $87.6M | $11.2M | -$31.0M | -$49.8M | -$19.3M |
| Pre-Tax Income | -$2.5M | $87.0M | $13.2M | -$25.8M | -$46.0M | -$17.6M |
| Income Tax | -$1.3M | $22.8M | $3.5M | $8.7M | $217,000 | -$137,000 |
| Net Income | -$1.1M | $64.2M | $9.7M | -$34.5M | -$46.2M | -$17.5M |
| Diluted EPS | $0.29 | $2.06 | $0.32 | -$1.16 | -$1.54 | -$0.58 |
Tilly's Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $139.6M | $155.1M | $124.7M | $163.5M |
| Net Income | -$1.4M | $2.9M | -$8.0M | $8.4M |
| Diluted EPS | -$0.05 | $0.10 | -$0.26 | $0.27 |
Tilly's Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $76.2M | $42.2M | $73.5M | $47.0M | $21.1M | $46.3M |
| Current Assets | $212.2M | $228.0M | $202.4M | $176.1M | $131.0M | $125.2M |
| Total Assets | $505.5M | $504.8M | $475.8M | $429.5M | $342.5M | $310.8M |
| Current Liabilities | $133.6M | $136.2M | $108.3M | $104.6M | $99.4M | $100.1M |
| Total Liabilities | $344.9M | $330.1M | $299.0M | $284.7M | $241.6M | $225.6M |
| Shareholders' Equity | $160.6M | $174.7M | $176.8M | $144.9M | $100.9M | $85.1M |
Tilly's Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $38.9M | $63.4M | -$1.4M | -$6.7M | -$42.0M | $4.1M |
| Cash From Investing | -$3.2M | -$45.3M | $42.8M | -$20.0M | $15.8M | $21.2M |
| Cash From Financing | -$29.7M | -$52.1M | -$10.1M | $227,000 | $294,000 | $0 |
| Free Cash Flow | $30.4M | $50.0M | -$16.5M | -$20.7M | -$50.2M | -$589,000 |
| Dividends Paid | $29.7M | $61.6M | $0 | $0 | — | — |
Figures from Tilly's' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Tilly's financials page for every line item.
Tilly's Company Profile
| Ticker | TLYS |
|---|---|
| Exchange | NYSE |
| Industry | Apparel & Accessory Stores (Retail) |
| Headquarters | Irvine, California |
| Incorporated in | Delaware |
| Fiscal Year End | January 28 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001524025 |
Frequently Asked Questions
What was Tilly's' revenue in fiscal 2025?
Tilly's (TLYS) reported revenue of $553.6M for fiscal 2025.
What is Tilly's' annual revenue history?
Tilly's' annual revenue by fiscal year: 2020: $531.3M; 2021: $775.7M; 2022: $672.3M; 2023: $623.1M; 2024: $569.5M; 2025: $553.6M.
What was Tilly's' net income in fiscal 2025?
Tilly's reported net income of -$17.5M for fiscal 2025.
What was Tilly's' earnings per share (EPS) in fiscal 2025?
Tilly's' diluted EPS was -$0.58 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Tilly's generate in fiscal 2025?
Tilly's generated -$589,000 of free cash flow in fiscal 2025.
What was Tilly's' revenue last quarter?
In its most recent reported quarter (2026 Q2), Tilly's reported revenue of $163.5M.
How many shares of Tilly's are outstanding?
Tilly's reported a weighted average of 30.3 million basic shares outstanding in 2026 Q2.
What is Tilly's' market cap?
Based on its latest closing price, Tilly's (TLYS) has a market capitalization of about $145.8M.
When does Tilly's' fiscal year end?
Tilly's' fiscal year end, as registered with the SEC, is January 28.
Where is Tilly's headquartered?
Tilly's lists its business address in Irvine, California in its SEC filings.