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CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Total revenue $ 732,524 $ 723,217 $ 769,365
Total costs 474,082 470,037 512,525
Total gross margin 258,442 253,180 256,840
Selling, marketing and administrative expenses 157,503 152,675 155,012
Earnings from operations 100,939 100,505 101,828
Other income (expense), net 36,297 26,366 18,066
Earnings before income taxes 137,236 126,871 119,894
Provision for income taxes 37,254 40,063 28,008
Net earnings 99,982 86,808 91,886
Less: net earnings (loss) attributable to noncontrolling interests (70) (19) (26)
Net earnings attributable to Tootsie Roll Industries, Inc. $ 100,052 $ 86,827 $ 91,912
Net earnings attributable to Tootsie Roll Industries, Inc. per share $ 1.37 $ 1.18 $ 1.28
Average number of shares outstanding (in shares) 72,905 73,438 71,903
Product      
Total revenue $ 724,675 $ 715,530 $ 763,252
Total costs 472,127 468,056 510,737
Total gross margin 252,548 247,474 252,515
Rental and Royalty      
Total revenue 7,849 7,687 6,113
Total costs 1,955 1,981 1,788
Total gross margin $ 5,894 $ 5,706 $ 4,325