TPR · Tapestry, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.92B | $2.50B | $1.70B | $2.20B | $1.58B | $1.51B | $2.08B | $1.48B | $1.51B | $1.51B |
| Cost of Revenue | $444.10M | $614.00M | $404.10M | $562.30M | $378.80M | $372.60M | $591.30M | $375.00M | $415.50M | $411.20M |
| Gross Profit | $1.48B | $1.89B | $1.30B | $1.63B | $1.21B | $1.13B | $1.49B | $1.11B | $1.10B | $1.10B |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.05B | $1.17B | $972.30M | $1.14B | $952.10M | $882.90M | $1.05B | $903.10M | $844.50M | $872.00M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $41.50M | $40.90M | $37.20M | $40.90M | $40.00M | $40.90M | $41.50M | $40.00M | $44.30M | $41.90M |
| Operating Income | $427.50M | $716.40M | $328.20M | $492.80M | $253.70M | $252.00M | $447.60M | $204.30M | $253.20M | $226.30M |
| Interest Expense | $29.30M | $30.90M | $30.10M | $85.80M | $32.80M | $123.20M | $88.60M | $130.10M | $22.30M | $19.00M |
| Income Tax | $72.20M | $135.80M | $43.90M | $34.90M | $35.80M | $39.10M | $80.80M | $30.10M | $43.50M | $36.50M |
| Net Income | $343.80M | $561.30M | $274.80M | $310.40M | $203.30M | $186.60M | $322.30M | $139.40M | $195.00M | $186.70M |
| EPS - Basic | $1.70 | $2.75 | $1.32 | $1.41 | $0.98 | $0.81 | $1.41 | $0.61 | $0.85 | $0.80 |
| EPS - Diluted | $1.65 | $2.68 | $1.28 | $1.38 | $0.95 | $0.79 | $1.39 | $0.60 | $0.84 | $0.78 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.05B | $1.05B | $719.50M | $1.10B | $1.04B | $6.46B | $6.14B | $6.98B | $622.10M | $726.10M |
| Accounts Receivable | $305.00M | $338.00M | $289.50M | $239.30M | $255.80M | $279.00M | $228.20M | $276.70M | $264.80M | $211.50M |
| Inventory | $843.90M | $896.40M | $1.02B | $860.70M | $873.50M | $1.03B | $824.80M | $824.10M | $942.50M | $919.50M |
| Accounts Payable | $499.70M | $564.60M | $495.50M | $456.10M | $393.30M | $544.00M | $452.20M | $373.10M | $386.50M | $416.90M |
| Current Assets | $2.72B | $2.79B | $2.62B | $2.91B | $2.86B | $9.15B | $8.80B | $9.00B | $2.41B | $2.36B |
| Total Assets | $6.47B | $6.53B | $6.36B | $6.58B | $7.31B | $13.73B | $13.40B | $13.73B | $7.14B | $7.12B |
| Current Liabilities | $1.48B | $1.72B | $1.72B | $1.56B | $1.63B | $1.85B | $1.71B | $1.37B | $1.19B | $1.29B |
| Long-term Debt | $2.40B | $2.40B | $2.40B | $2.40B | $2.40B | $7.07B | $7.00B | $7.74B | $1.64B | $1.64B |
| Total Liabilities | $5.78B | $5.98B | $5.96B | $5.72B | $5.81B | $10.75B | $10.50B | $10.95B | $4.73B | $4.84B |
| Stockholders' Equity | $682.40M | $551.20M | $399.50M | $857.80M | $1.49B | $2.98B | $2.90B | $2.78B | $2.42B | $2.28B |
| Retained Earnings | ($3.17B) | ($3.29B) | ($3.36B) | ($2.56B) | ($1.91B) | ($617.00M) | ($722.20M) | ($801.00M) | ($1.10B) | ($1.22B) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $112.60M | - | - | $119.50M | - | - | $75.30M | - |
| Investing Cash Flow | - | - | $69.30M | - | - | $190.10M | - | - | ($22.80M) | - |
| Financing Cash Flow | - | - | ($550.80M) | - | - | ($74.50M) | - | - | ($149.40M) | - |
| CapEx | - | - | $32.40M | - | - | $25.60M | - | - | $20.90M | - |
| Free Cash Flow | - | - | $80.20M | - | - | $93.90M | - | - | $54.40M | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 76.9% | 75.5% | 76.3% | 74.4% | 76.1% | 75.3% | 71.6% | 74.7% | 72.5% | 72.8% |
| Operating margin | 22.3% | 28.6% | 19.3% | 22.4% | 16.0% | 16.7% | 21.5% | 13.8% | 16.7% | 15.0% |
| EBITDA margin | 24.4% | 30.3% | 21.4% | 24.3% | 18.5% | 19.4% | 23.5% | 16.5% | 19.7% | 17.8% |
| Net margin | 17.9% | 22.4% | 16.1% | 14.1% | 12.8% | 12.4% | 15.5% | 9.4% | 12.9% | 12.4% |
| Free cash flow margin | - | - | 4.7% | - | - | 6.2% | - | - | 3.6% | - |
| FCF / Net income | - | - | 0.29 | - | - | 0.50 | - | - | 0.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 54.6% | 46.8% | 57.0% | 51.9% | 60.1% | 58.6% | 50.2% | 60.9% | 55.8% | 57.8% |
| Effective tax rate | 17.4% | 19.5% | 13.8% | 10.1% | 15.0% | 17.3% | 20.0% | 17.8% | 18.2% | 16.4% |
| Return on assets | 5.3% | 8.6% | 4.3% | 4.7% | 2.8% | 1.4% | 2.4% | 1.0% | 2.7% | 2.6% |
| Return on equity | 50.4% | 101.8% | 68.8% | 36.2% | 13.6% | 6.3% | 11.1% | 5.0% | 8.1% | 8.2% |
| Return on invested capital | 11.5% | 19.6% | 10.1% | 13.6% | 5.5% | 2.1% | 3.6% | 1.6% | 5.1% | 4.8% |
| Liquidity | ||||||||||
| Current ratio | 1.84 | 1.63 | 1.52 | 1.87 | 1.76 | 4.93 | 5.14 | 6.59 | 2.02 | 1.84 |
| Quick ratio | 1.27 | 1.10 | 0.93 | 1.31 | 1.22 | 4.38 | 4.66 | 5.98 | 1.23 | 1.12 |
| Cash ratio | 0.71 | 0.61 | 0.42 | 0.71 | 0.64 | 3.49 | 3.59 | 5.11 | 0.52 | 0.56 |
| Leverage | ||||||||||
| Debt / Equity | 3.51 | 4.35 | 6.00 | 2.79 | 1.60 | 2.37 | 2.42 | 2.79 | 0.68 | 0.72 |
| Debt / Assets | 0.37 | 0.37 | 0.38 | 0.36 | 0.33 | 0.52 | 0.52 | 0.56 | 0.23 | 0.23 |
| Debt / EBITDA | 5.11 | 3.16 | 6.56 | 4.49 | 8.16 | 24.14 | 14.32 | 31.70 | 5.50 | 6.13 |
| Interest coverage | 14.6x | 23.2x | 10.9x | 5.7x | 7.7x | 2.0x | 5.1x | 1.6x | 11.4x | 11.9x |
| Equity multiplier | 9.48 | 11.85 | 15.93 | 7.67 | 4.89 | 4.60 | 4.62 | 4.95 | 2.96 | 3.12 |
| Liabilities / Assets | 0.89 | 0.92 | 0.94 | 0.87 | 0.80 | 0.78 | 0.78 | 0.80 | 0.66 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | 0.38 | 0.27 | 0.33 | 0.22 | 0.11 | 0.16 | 0.11 | 0.21 | 0.21 |
| Inventory turnover | 0.53 | 0.68 | 0.40 | 0.65 | 0.43 | 0.36 | 0.72 | 0.46 | 0.44 | 0.45 |
| Days sales outstanding | 58d | 49d | 62d | 40d | 59d | 68d | 40d | 68d | 64d | 51d |
| Days inventory outstanding | 694d | 533d | 920d | 559d | 842d | 1010d | 509d | 802d | 828d | 816d |
| Days payable outstanding | 411d | 336d | 448d | 296d | 379d | 533d | 279d | 363d | 340d | 370d |
| Cash conversion cycle | 341d | 247d | 534d | 302d | 522d | 544d | 270d | 507d | 552d | 497d |
| Valuation | ||||||||||
| P / E | 84.1x | 49.0x | 85.2x | 63.1x | 73.9x | 60.7x | 30.8x | 79.1x | 34.2x | 54.9x |
| P / B | 42.4x | 50.0x | 58.8x | 22.8x | 10.1x | 3.8x | 3.4x | 4.0x | 2.8x | 4.5x |
| P / S | 15.1x | 11.0x | 13.8x | 8.9x | 9.5x | 7.5x | 4.8x | 7.5x | 4.4x | 6.8x |
| EV / EBITDA | 64.5x | 38.1x | 68.9x | 39.1x | 55.8x | 40.7x | 22.0x | 48.7x | 25.9x | 41.7x |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.2% | 14.0% | 13.1% | 5.3% | 6.9% | -0.4% | 2.9% | -1.8% | 0.4% | 5.0% |
| Revenue CAGR (3y) | 8.4% | 7.3% | 4.2% | 0.8% | 3.3% | 0.6% | 7.3% | 5.2% | 8.9% | 12.1% |
| Revenue CAGR (5y) | 8.6% | 8.2% | 7.8% | 3.9% | 8.1% | 2.1% | 3.0% | 2.3% | 1.8% | 2.7% |
| Gross profit growth (YoY) | 22.4% | 15.6% | 14.6% | 9.4% | 8.9% | 3.4% | 7.5% | 0.8% | 4.1% | 9.3% |
| Operating income growth (YoY) | 68.5% | 45.4% | 30.2% | 10.1% | 24.2% | -0.5% | 7.0% | -9.7% | -0.4% | 33.5% |
| Net income growth (YoY) | 69.1% | 80.8% | 47.3% | -3.7% | 45.8% | -4.3% | -2.3% | -25.3% | -0.2% | 52.2% |
| EPS growth (YoY) | 73.7% | 94.2% | 62.0% | -0.7% | 58.3% | -6.0% | 2.2% | -23.1% | 6.3% | 69.6% |
| EPS CAGR (3y) | 28.4% | 25.4% | 17.5% | 6.3% | 27.3% | -0.4% | 7.8% | 23.3% | 0.4% | - |
| EPS CAGR (5y) | 38.8% | 19.3% | 9.1% | 5.0% | - | 62.4% | 9.6% | 8.4% | 14.9% | 10.2% |
| FCF growth (YoY) | - | - | -14.6% | - | - | 72.6% | - | - | - | - |
| FCF CAGR (5y) | - | - | 4.6% | - | - | - | - | - | - | - |
| Book value growth (YoY) | -54.3% | -35.7% | -86.6% | -70.4% | -46.2% | 23.4% | 25.2% | 21.8% | 7.1% | -0.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-28.
Business segments
$7.01B totalCoach$5.60B · 79.9%
Kate Spade Company$1.20B · 17.1%
Stuart Weitzman Segment$215.10M · 3.1%
Product / service
$5.60B totalHandbags$3.22B · 57.6%
Accessories$1.54B · 27.5%
Other$493.20M · 8.8%
Footwear$342.50M · 6.1%
Geographic
$12.61B totalUS$4.21B · 33.4%
North America$3.43B · 27.2%
Other Countries$1.23B · 9.7%
CN$1.06B · 8.4%
Greater China$970.20M · 7.7%
Other Asia$769.60M · 6.1%
JP$514.80M · 4.1%
Non Us$429.10M · 3.4%
Peer comparison
Same SIC group: Leather & Leather Products
Comparing TAPESTRY against the 3 most active filers in the same SIC group.
Dividends
$1.55/share trailing 12 months · +10.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $0.4000 |
| Dec 5, 2025 | $0.4000 |
| Sep 5, 2025 | $0.4000 |
| Jun 6, 2025 | $0.3500 |
| Mar 6, 2025 | $0.3500 |
| Dec 6, 2024 | $0.3500 |
| Sep 6, 2024 | $0.3500 |
| Jun 7, 2024 | $0.3500 |
| Mar 7, 2024 | $0.3500 |
| Dec 7, 2023 | $0.3500 |
| Sep 7, 2023 | $0.3500 |
| Jun 8, 2023 | $0.3000 |
| Mar 9, 2023 | $0.3000 |
| Dec 8, 2022 | $0.3000 |
| Sep 8, 2022 | $0.3000 |
| Jun 2, 2022 | $0.2500 |
| Mar 3, 2022 | $0.2500 |
| Dec 2, 2021 | $0.2500 |
| Sep 3, 2021 | $0.2500 |
| Mar 5, 2020 | $0.3380 |
| Dec 5, 2019 | $0.3380 |
| Sep 5, 2019 | $0.3380 |
| Jun 6, 2019 | $0.3380 |
| Mar 7, 2019 | $0.3380 |