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Side-by-side financial comparison of Lineage, Inc. (LINE) 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 $1.4B, roughly 1.8× Lineage, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs -7.3%, a 29.7% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 3.1%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $35.0M).
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
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.
LINE vs TPR — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.5B |
| Net Profit | $-100.0M | $561.3M |
| Gross Margin | 32.3% | 75.5% |
| Operating Margin | 2.5% | 28.6% |
| Net Margin | -7.3% | 22.4% |
| Revenue YoY | 3.1% | 14.0% |
| Net Profit YoY | 79.4% | 80.8% |
| EPS (diluted) | $-0.44 | $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.
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.3B | $1.6B | ||
| Q1 24 | $1.3B | $1.5B |
| Q4 25 | — | $561.3M | ||
| Q3 25 | $-100.0M | $274.8M | ||
| Q2 25 | $-6.0M | $-517.1M | ||
| Q1 25 | $0 | $203.3M | ||
| Q4 24 | $-71.0M | $310.4M | ||
| Q3 24 | $-485.0M | $186.6M | ||
| Q2 24 | $-68.0M | $159.3M | ||
| Q1 24 | $-40.0M | $139.4M |
| Q4 25 | — | 75.5% | ||
| Q3 25 | 32.3% | 76.3% | ||
| Q2 25 | 31.9% | 76.3% | ||
| Q1 25 | 32.2% | 76.1% | ||
| Q4 24 | 32.3% | 74.4% | ||
| Q3 24 | 32.8% | 75.3% | ||
| Q2 24 | 33.4% | 74.9% | ||
| Q1 24 | 33.4% | 74.7% |
| Q4 25 | — | 28.6% | ||
| Q3 25 | 2.5% | 19.3% | ||
| Q2 25 | 1.7% | -33.9% | ||
| Q1 25 | 4.3% | 16.0% | ||
| Q4 24 | -1.6% | 22.4% | ||
| Q3 24 | -38.6% | 16.7% | ||
| Q2 24 | 5.5% | 14.8% | ||
| Q1 24 | 7.6% | 13.8% |
| Q4 25 | — | 22.4% | ||
| Q3 25 | -7.3% | 16.1% | ||
| Q2 25 | -0.4% | -30.0% | ||
| Q1 25 | — | 12.8% | ||
| Q4 24 | -5.3% | 14.1% | ||
| Q3 24 | -36.3% | 12.4% | ||
| Q2 24 | -5.1% | 10.0% | ||
| Q1 24 | -3.0% | 9.4% |
| Q4 25 | — | $2.68 | ||
| Q3 25 | $-0.44 | $1.28 | ||
| Q2 25 | $-0.03 | $-2.30 | ||
| Q1 25 | $0.01 | $0.95 | ||
| Q4 24 | $-0.52 | $1.38 | ||
| Q3 24 | $-2.44 | $0.79 | ||
| Q2 24 | $-0.46 | $0.67 | ||
| Q1 24 | $-0.28 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | — | $2.4B |
| Stockholders' EquityBook value | $8.4B | $551.2M |
| Total Assets | $19.2B | $6.5B |
| Debt / EquityLower = less leverage | — | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.2M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $173.0M | $1.0B | ||
| Q3 24 | $409.0M | $7.3B | ||
| Q2 24 | $73.0M | $7.2B | ||
| Q1 24 | — | $7.4B |
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B | ||
| Q1 24 | — | $7.7B |
| Q4 25 | — | $551.2M | ||
| Q3 25 | $8.4B | $399.5M | ||
| Q2 25 | $8.6B | $857.8M | ||
| Q1 25 | $8.6B | $1.5B | ||
| Q4 24 | $8.6B | $1.3B | ||
| Q3 24 | $9.0B | $3.0B | ||
| Q2 24 | $4.9B | $2.9B | ||
| Q1 24 | $5.6B | $2.8B |
| Q4 25 | — | $6.5B | ||
| Q3 25 | $19.2B | $6.4B | ||
| Q2 25 | $19.4B | $6.6B | ||
| Q1 25 | $18.8B | $7.3B | ||
| Q4 24 | $18.7B | $7.3B | ||
| Q3 24 | $19.3B | $13.7B | ||
| Q2 24 | $18.8B | $13.4B | ||
| Q1 24 | — | $13.7B |
| Q4 25 | — | 4.32× | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 2.35× | ||
| Q2 24 | — | 2.39× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $230.0M | $1.1B |
| Free Cash FlowOCF − Capex | $35.0M | $1.0B |
| FCF MarginFCF / Revenue | 2.5% | 41.5% |
| Capex IntensityCapex / Revenue | 14.2% | 1.7% |
| Cash ConversionOCF / Net Profit | — | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | $230.0M | $112.6M | ||
| Q2 25 | $258.0M | $446.8M | ||
| Q1 25 | $139.0M | $144.3M | ||
| Q4 24 | — | $506.0M | ||
| Q3 24 | $186.0M | $119.5M | ||
| Q2 24 | $155.0M | $256.0M | ||
| Q1 24 | $105.0M | $97.8M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | $35.0M | $80.2M | ||
| Q2 25 | $95.0M | $411.5M | ||
| Q1 25 | $-12.0M | $113.4M | ||
| Q4 24 | — | $475.1M | ||
| Q3 24 | $33.0M | $93.9M | ||
| Q2 24 | $-31.0M | $209.8M | ||
| Q1 24 | $-42.0M | $78.8M |
| Q4 25 | — | 41.5% | ||
| Q3 25 | 2.5% | 4.7% | ||
| Q2 25 | 7.0% | 23.9% | ||
| Q1 25 | -0.9% | 7.2% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | 2.5% | 6.2% | ||
| Q2 24 | -2.3% | 13.2% | ||
| Q1 24 | -3.2% | 5.3% |
| Q4 25 | — | 1.7% | ||
| Q3 25 | 14.2% | 1.9% | ||
| Q2 25 | 12.1% | 2.0% | ||
| Q1 25 | 11.7% | 2.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 11.5% | 1.7% | ||
| Q2 24 | 13.9% | 2.9% | ||
| Q1 24 | 11.1% | 1.3% |
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 1.61× | ||
| Q1 24 | — | 0.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
