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Side-by-side financial comparison of APA Corporation (APA) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.

Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.2B, roughly 1.1× APA Corporation). Tapestry, Inc. runs the higher net margin — 22.4% vs 15.0%, a 7.4% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs -24.3%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 1.4%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

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.

APA vs TPR — Head-to-Head

Bigger by revenue
TPR
TPR
1.1× larger
TPR
$2.5B
$2.2B
APA
Growing faster (revenue YoY)
TPR
TPR
+38.3% gap
TPR
14.0%
-24.3%
APA
Higher net margin
TPR
TPR
7.4% more per $
TPR
22.4%
15.0%
APA
Faster 2-yr revenue CAGR
TPR
TPR
Annualised
TPR
29.9%
1.4%
APA

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
APA
APA
TPR
TPR
Revenue
$2.2B
$2.5B
Net Profit
$331.0M
$561.3M
Gross Margin
75.5%
Operating Margin
32.5%
28.6%
Net Margin
15.0%
22.4%
Revenue YoY
-24.3%
14.0%
Net Profit YoY
-22.1%
80.8%
EPS (diluted)
$0.79
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
TPR
TPR
Q4 25
$2.2B
$2.5B
Q3 25
$2.3B
$1.7B
Q2 25
$2.3B
$1.7B
Q1 25
$2.7B
$1.6B
Q4 24
$2.9B
$2.2B
Q3 24
$2.7B
$1.5B
Q2 24
$2.8B
$1.6B
Q1 24
$2.1B
$1.5B
Net Profit
APA
APA
TPR
TPR
Q4 25
$331.0M
$561.3M
Q3 25
$205.0M
$274.8M
Q2 25
$603.0M
$-517.1M
Q1 25
$418.0M
$203.3M
Q4 24
$425.0M
$310.4M
Q3 24
$-223.0M
$186.6M
Q2 24
$541.0M
$159.3M
Q1 24
$212.0M
$139.4M
Gross Margin
APA
APA
TPR
TPR
Q4 25
75.5%
Q3 25
76.3%
Q2 25
76.3%
Q1 25
76.1%
Q4 24
74.4%
Q3 24
75.3%
Q2 24
74.9%
Q1 24
74.7%
Operating Margin
APA
APA
TPR
TPR
Q4 25
32.5%
28.6%
Q3 25
33.7%
19.3%
Q2 25
31.8%
-33.9%
Q1 25
31.9%
16.0%
Q4 24
31.4%
22.4%
Q3 24
-5.2%
16.7%
Q2 24
34.4%
14.8%
Q1 24
32.2%
13.8%
Net Margin
APA
APA
TPR
TPR
Q4 25
15.0%
22.4%
Q3 25
9.0%
16.1%
Q2 25
26.0%
-30.0%
Q1 25
15.4%
12.8%
Q4 24
14.6%
14.1%
Q3 24
-8.1%
12.4%
Q2 24
19.0%
10.0%
Q1 24
9.9%
9.4%
EPS (diluted)
APA
APA
TPR
TPR
Q4 25
$0.79
$2.68
Q3 25
$0.57
$1.28
Q2 25
$1.67
$-2.30
Q1 25
$0.96
$0.95
Q4 24
$0.97
$1.38
Q3 24
$-0.60
$0.79
Q2 24
$1.46
$0.67
Q1 24
$0.44
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
TPR
TPR
Cash + ST InvestmentsLiquidity on hand
$516.0M
$1.1B
Total DebtLower is stronger
$4.3B
$2.4B
Stockholders' EquityBook value
$6.1B
$551.2M
Total Assets
$17.8B
$6.5B
Debt / EquityLower = less leverage
0.70×
4.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
TPR
TPR
Q4 25
$516.0M
$1.1B
Q3 25
$475.0M
$743.2M
Q2 25
$107.0M
$1.1B
Q1 25
$67.0M
$1.1B
Q4 24
$625.0M
$1.0B
Q3 24
$64.0M
$7.3B
Q2 24
$160.0M
$7.2B
Q1 24
$102.0M
$7.4B
Total Debt
APA
APA
TPR
TPR
Q4 25
$4.3B
$2.4B
Q3 25
$4.3B
$2.4B
Q2 25
$4.3B
$2.4B
Q1 25
$5.2B
$2.4B
Q4 24
$6.0B
$2.4B
Q3 24
$6.4B
$7.0B
Q2 24
$6.7B
$6.9B
Q1 24
$5.2B
$7.7B
Stockholders' Equity
APA
APA
TPR
TPR
Q4 25
$6.1B
$551.2M
Q3 25
$6.0B
$399.5M
Q2 25
$5.9B
$857.8M
Q1 25
$5.4B
$1.5B
Q4 24
$5.3B
$1.3B
Q3 24
$5.1B
$3.0B
Q2 24
$5.4B
$2.9B
Q1 24
$2.6B
$2.8B
Total Assets
APA
APA
TPR
TPR
Q4 25
$17.8B
$6.5B
Q3 25
$17.7B
$6.4B
Q2 25
$18.1B
$6.6B
Q1 25
$18.5B
$7.3B
Q4 24
$19.4B
$7.3B
Q3 24
$19.4B
$13.7B
Q2 24
$20.2B
$13.4B
Q1 24
$15.0B
$13.7B
Debt / Equity
APA
APA
TPR
TPR
Q4 25
0.70×
4.32×
Q3 25
0.72×
5.95×
Q2 25
0.73×
2.77×
Q1 25
0.96×
1.59×
Q4 24
1.13×
1.78×
Q3 24
1.25×
2.35×
Q2 24
1.24×
2.39×
Q1 24
1.99×
2.77×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
TPR
TPR
Operating Cash FlowLast quarter
$808.0M
$1.1B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
41.5%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
2.44×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
TPR
TPR
Q4 25
$808.0M
$1.1B
Q3 25
$1.5B
$112.6M
Q2 25
$1.2B
$446.8M
Q1 25
$1.1B
$144.3M
Q4 24
$1.0B
$506.0M
Q3 24
$1.3B
$119.5M
Q2 24
$877.0M
$256.0M
Q1 24
$368.0M
$97.8M
Free Cash Flow
APA
APA
TPR
TPR
Q4 25
$1.0B
Q3 25
$80.2M
Q2 25
$411.5M
Q1 25
$113.4M
Q4 24
$475.1M
Q3 24
$93.9M
Q2 24
$209.8M
Q1 24
$78.8M
FCF Margin
APA
APA
TPR
TPR
Q4 25
41.5%
Q3 25
4.7%
Q2 25
23.9%
Q1 25
7.2%
Q4 24
21.6%
Q3 24
6.2%
Q2 24
13.2%
Q1 24
5.3%
Capex Intensity
APA
APA
TPR
TPR
Q4 25
1.7%
Q3 25
1.9%
Q2 25
2.0%
Q1 25
2.0%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
2.9%
Q1 24
1.3%
Cash Conversion
APA
APA
TPR
TPR
Q4 25
2.44×
1.93×
Q3 25
7.12×
0.41×
Q2 25
1.96×
Q1 25
2.62×
0.71×
Q4 24
2.44×
1.63×
Q3 24
0.64×
Q2 24
1.62×
1.61×
Q1 24
1.74×
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

TPR
TPR

Coach$1.4B57%
Other$787.0M31%
Kate Spade Company$290.0M12%

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