Tapestry, Inc.TPREarnings & Financial Report
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
Revenue
$1.7B
Gross Profit
$1.3B
Operating Profit
$328.2M
Net Profit
$274.8M
Gross Margin
76.3%
Operating Margin
19.3%
Net Margin
16.1%
YoY Growth
13.1%
EPS
$1.28
Tapestry, Inc. Q1 FY2026 Financial Summary
Tapestry, Inc. reported revenue of $1.7B (up 13.1% YoY) for Q1 FY2026, with a net profit of $274.8M (up 47.3% YoY) (16.1% margin). Cost of goods sold was $404.1M, operating expenses totaled $972.3M.
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $274.8M |
| Gross Margin | 76.3% |
| Operating Margin | 19.3% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Tapestry, Inc. Q1 FY2026 revenue of $1.7B breaks down across 4 segments, led by Coach at $869.1M (51.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Coach | $869.1M | 51.0% |
| Other | $626.4M | 36.7% |
| Kate Spade Company | $199.7M | 11.7% |
| Stuart Weitzman | $9.4M | 0.6% |
Tapestry, Inc. Revenue by Segment — Quarterly Trend
Tapestry, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Coach and Other) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Coach | — | $1.4B | $869.1M | $877.7M |
| Other | — | $787.0M | $626.4M | $652.9M |
| Kate Spade Company | — | $290.0M | $199.7M | $192.6M |
| Stuart Weitzman | — | — | $9.4M | — |
Tapestry, Inc. Annual Revenue by Year
Tapestry, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.0B |
| 2024 | $6.7B |
| 2022 | $6.7B |
Tapestry, Inc. Quarterly Revenue & Net Profit History
Tapestry, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $1.9B | +21.0% | $343.8M | 17.9% |
| Q2 FY2026 | $2.5B | +14.0% | $561.3M | 22.4% |
| Q1 FY2026 | $1.7B | +13.1% | $274.8M | 16.1% |
| Q4 FY2025 | $1.7B | +8.3% | $-517.1M | -30.0% |
| Q3 FY2025 | $1.6B | +6.9% | $203.3M | 12.8% |
| Q2 FY2025 | $2.2B | +5.3% | $310.4M | 14.1% |
| Q1 FY2025 | $1.5B | -0.4% | $186.6M | 12.4% |
| Q4 FY2024 | $1.6B | +5.4% | $159.3M | 10.0% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.59B | $1.51B | $2.20B | $1.58B | $1.72B | $1.70B | $2.50B | $1.92B |
| YoY Growth | 5.4% | -0.4% | 5.3% | 6.9% | 8.3% | 13.1% | 14.0% | 21.0% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.40B | $13.73B | $7.25B | $7.31B | $6.58B | $6.36B | $6.53B | $6.47B |
| Liabilities | $10.50B | $10.75B | $5.92B | $5.81B | $5.72B | $5.96B | $5.98B | $5.78B |
| Equity | $2.90B | $2.98B | $1.34B | $1.49B | $857.8M | $399.5M | $551.2M | $682.4M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $256.0M | $119.5M | $506.0M | $144.3M | $446.8M | $112.6M | $1.08B |