Tamron FY2025 results: softer profits, but a bigger RF push coming

By Louis Ferreira | Published: February 11, 2026


Tamron has published its latest full-year financial results (FY2025, year ended December 2025), and while the company’s profits were down year-over-year, the biggest takeaway for Canon shooters is strategic: Tamron says it’s aiming to launch 10+ new lenses per year starting in 2026 and continues to highlight Canon RF as part of its multi-mount expansion.

Tamron FY2025: the numbers (high-level)

  • Revenue: ¥85.071B (–3.8% YoY)
  • Operating profit: ¥16.638B (–13.4% YoY)
  • Ordinary profit: ¥16.699B (–13.5% YoY)
  • Net profit attributable to owners: ¥11.761B (–19.0% YoY)

According to Tamron’s own commentary in its earnings materials, a key headwind was a major decline in photo OEM shipments/orders alongside broader market sluggishness, while costs and investment (including development) also weighed on results.

Canon-related note: Tamron does not attribute OEM changes to any specific customer in its public slides. That said, OEM lens suppliers tend to rise/fall with the ordering cycles of the biggest camera companies, so it’s a metric worth watching for the overall interchangeable-lens ecosystem.

Why Canon RF shooters should care: “10+ new lenses” and RF is still under-served

In the same materials, Tamron outlines a plan to increase lens releases to 10+ new products per year in 2026. It also shows how uneven Tamron’s current mount coverage still is—Canon RF remains at the very beginning compared to Sony E and Nikon Z.

Right now, Tamron’s autofocus RF lineup is APS-C focused and includes two lenses:

That “only two lenses” reality is exactly why a ramp to 10+ launches per year could matter a lot—especially if Canon continues to allow more third-party autofocus development on RF.

Canon context: Canon keeps pushing high-end RF, leaving value gaps wide open

Canon’s own RF lineup continues to expand (especially at the premium end), which is great for pros—but it also makes space for third parties to compete hard on price-to-performance, particularly in the “everyday zoom” and “compact telephoto” categories.

If Tamron’s release cadence really accelerates, the most important question for RF shooters becomes:

Will we see more third-party full-frame RF autofocus lenses, or will expansion remain mostly APS-C?

Lenses Tamron (and others) should make for Canon RF next

Below is a practical wish list based on (1) what Tamron already makes successfully on other mounts, and (2) where Canon RF still has obvious pricing and lineup gaps.

1) Full-frame f/2.8 zoom “value trinity” (the instant best-sellers if RF full-frame opens up)

2) The “one lens travel zoom” that RF users love (huge demand)

3) APS-C RF lenses that already exist (and matter for EOS R7 / R10)

4) Telephoto workhorses RF shooters would jump on (especially at Tamron pricing)

5) RF-S “fast everyday zoom” and prime lineup (what Canon crop bodies need more of)

6) Macro: a classic Tamron strength Canon RF could use more of

7) Affordable stabilized primes (a “value lane” Tamron has owned before)

What to watch next

Tamron’s plan to increase releases to 10+ new lenses per year is the clearest sign yet that the company wants more share in the mirrorless era. For Canon RF, the opportunity is obvious: Tamron currently has only two RF autofocus lenses, both APS-C, leaving plenty of room to expand.

The big question is how far Canon opens the door—especially for full-frame RF autofocus. If that happens, the “Tamron classics” (28-75/2.8, 70-180/2.8, 28-200, 35-150, and long tele zooms) would be immediate, high-impact additions for Canon shooters who want strong performance without L-series pricing.

Related posts:

  1. Tamron Q1 Financial Results: “Slump in Sales” Because Of “Risks And Uncertainty Over The Policies Of The New US Administration”
  2. TAMRON announces the Launch of 18-300mm F3.5-6.3 VC (Model B061) for CANON RF mount
  3. Tamron SP 24-70mm f/2.8 Di VC USD G2 Discontinued
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