Tile Shop Holdings Inc
tileshop.comWhat Do They Do?
Sells man-made tiles, along with natural stone and luxury vinyl tiles, setting and maintenance materials, and accessories, to homeowners and professionals through specialty retail.
10-K for FY2025, filed Feb 26, 2026The Tile Shop, LLC (“The Tile Shop”) was founded in 1985 and Tile Shop Holdings, Inc. (“Holdings,” and together with its wholly owned…View ↗
We believe that our long-term vendor relationships, together with our design, manufacturing and distribution capabilities, enable us to…View ↗
Years Ended December 31, 2025 2024 Man-made tiles 56 % 54 % Natural stone tiles 19 21 Setting and maintenance materials 15 15 Accessories 8…View ↗
How Do They Make Money?
Customers buy tiles and related products in stores or online. Available store items are paid for at purchase; orders for items not in stock require a deposit and are completed when customers pick them up or receive delivery.
10-K for FY2025, filed Feb 26, 2026The Company generates revenues by selling tile products, setting and maintenance materials, accessories, and delivery services to its…View ↗
Revenue recognized when an order is placed – If a customer places an order in a store and the contents of their order are available, the…View ↗
Revenue recognized when an order is picked up – If a customer places an order for items held in a centralized distribution center, the…View ↗
Revenue recognized when an order is delivered – If a customer places an order in a store and requests delivery of their order, the Company…View ↗
The Company generally requires customers to pay a deposit when purchasing inventory that is not regularly carried at the store location, or…View ↗
$336.8M
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10-K for FY2025, filed Feb 26, 2026
$336.8M ↗
Who Are Their Customers?
Sells directly to homeowners and professionals through its stores and website. Buyers can order samples, shop in stores or online, and choose store pickup or delivery.
10-K for FY2025, filed Feb 26, 2026
Do Revenues Turn Into Profits?
No. It lost $4.5M in FY2025.
10-K for FY2025, filed Feb 26, 2026
−$5.8MView ↗
10-K for FY2025, filed Feb 26, 2026
−$4.5MView ↗
10-K for FY2025, filed Feb 26, 2026
−$3.8MView ↗
How Are They Changing?
Shrinking. Revenue fell 9% in 4 years, from $370.7M in FY2021 to $336.8M in FY2025, about 2% a year.
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