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

Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $964.5M, roughly 2.0× Pure Storage, Inc.). Tapestry, Inc. runs the higher net margin — 17.9% vs 5.7%, a 12.2% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (21.0% vs 16.0%). Over the past eight quarters, Pure Storage, Inc.'s revenue compounded faster (10.5% CAGR vs 9.9%).

Pure Storage, Inc. is an American publicly traded technology company headquartered in Santa Clara, California, United States. It develops all-flash data storage hardware and software products. Pure Storage was founded in 2009 and developed its products in stealth mode until 2011. Afterwards, the company grew in revenues by about 50% per quarter and raised more than $470 million in venture capital funding, before going public in 2015. Initially, Pure Storage developed the software for storage ...

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.

PSTG vs TPR — Head-to-Head

Bigger by revenue
TPR
TPR
2.0× larger
TPR
$1.9B
$964.5M
PSTG
Growing faster (revenue YoY)
TPR
TPR
+5.0% gap
TPR
21.0%
16.0%
PSTG
Higher net margin
TPR
TPR
12.2% more per $
TPR
17.9%
5.7%
PSTG
Faster 2-yr revenue CAGR
PSTG
PSTG
Annualised
PSTG
10.5%
9.9%
TPR

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
PSTG
PSTG
TPR
TPR
Revenue
$964.5M
$1.9B
Net Profit
$54.8M
$343.8M
Gross Margin
72.3%
76.9%
Operating Margin
5.6%
22.3%
Net Margin
5.7%
17.9%
Revenue YoY
16.0%
21.0%
Net Profit YoY
-13.9%
EPS (diluted)
$0.16
$1.65

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
PSTG
PSTG
TPR
TPR
Q1 26
$1.9B
Q4 25
$964.5M
$2.5B
Q3 25
$861.0M
$1.7B
Q2 25
$778.5M
$1.7B
Q1 25
$879.8M
$1.6B
Q4 24
$831.1M
$2.2B
Q3 24
$763.8M
$1.5B
Q2 24
$693.5M
$1.6B
Net Profit
PSTG
PSTG
TPR
TPR
Q1 26
$343.8M
Q4 25
$54.8M
$561.3M
Q3 25
$47.1M
$274.8M
Q2 25
$-14.0M
$-517.1M
Q1 25
$42.4M
$203.3M
Q4 24
$63.6M
$310.4M
Q3 24
$35.7M
$186.6M
Q2 24
$-35.0M
$159.3M
Gross Margin
PSTG
PSTG
TPR
TPR
Q1 26
76.9%
Q4 25
72.3%
75.5%
Q3 25
70.2%
76.3%
Q2 25
68.9%
76.3%
Q1 25
67.5%
76.1%
Q4 24
70.1%
74.4%
Q3 24
70.7%
75.3%
Q2 24
71.5%
74.9%
Operating Margin
PSTG
PSTG
TPR
TPR
Q1 26
22.3%
Q4 25
5.6%
28.6%
Q3 25
0.6%
19.3%
Q2 25
-4.0%
-33.9%
Q1 25
4.8%
16.0%
Q4 24
7.2%
22.4%
Q3 24
3.3%
16.7%
Q2 24
-6.0%
14.8%
Net Margin
PSTG
PSTG
TPR
TPR
Q1 26
17.9%
Q4 25
5.7%
22.4%
Q3 25
5.5%
16.1%
Q2 25
-1.8%
-30.0%
Q1 25
4.8%
12.8%
Q4 24
7.7%
14.1%
Q3 24
4.7%
12.4%
Q2 24
-5.0%
10.0%
EPS (diluted)
PSTG
PSTG
TPR
TPR
Q1 26
$1.65
Q4 25
$0.16
$2.68
Q3 25
$0.14
$1.28
Q2 25
$-0.04
$-2.30
Q1 25
$0.13
$0.95
Q4 24
$0.19
$1.38
Q3 24
$0.10
$0.79
Q2 24
$-0.11
$0.67

Balance Sheet & Financial Strength

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

Metric
PSTG
PSTG
TPR
TPR
Cash + ST InvestmentsLiquidity on hand
$852.8M
$1.1B
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.4B
$682.4M
Total Assets
$4.2B
$6.5B
Debt / EquityLower = less leverage
3.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSTG
PSTG
TPR
TPR
Q1 26
$1.1B
Q4 25
$852.8M
$1.1B
Q3 25
$887.8M
$743.2M
Q2 25
$739.3M
$1.1B
Q1 25
$723.6M
$1.1B
Q4 24
$894.6M
$1.0B
Q3 24
$965.0M
$7.3B
Q2 24
$900.6M
$7.2B
Total Debt
PSTG
PSTG
TPR
TPR
Q1 26
$2.4B
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
Stockholders' Equity
PSTG
PSTG
TPR
TPR
Q1 26
$682.4M
Q4 25
$1.4B
$551.2M
Q3 25
$1.3B
$399.5M
Q2 25
$1.2B
$857.8M
Q1 25
$1.3B
$1.5B
Q4 24
$1.4B
$1.3B
Q3 24
$1.5B
$3.0B
Q2 24
$1.4B
$2.9B
Total Assets
PSTG
PSTG
TPR
TPR
Q1 26
$6.5B
Q4 25
$4.2B
$6.5B
Q3 25
$4.0B
$6.4B
Q2 25
$3.8B
$6.6B
Q1 25
$4.0B
$7.3B
Q4 24
$3.9B
$7.3B
Q3 24
$3.8B
$13.7B
Q2 24
$3.6B
$13.4B
Debt / Equity
PSTG
PSTG
TPR
TPR
Q1 26
3.48×
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×

Cash Flow & Capital Efficiency

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

Metric
PSTG
PSTG
TPR
TPR
Operating Cash FlowLast quarter
$116.0M
Free Cash FlowOCF − Capex
$52.6M
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$566.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSTG
PSTG
TPR
TPR
Q1 26
Q4 25
$116.0M
$1.1B
Q3 25
$212.2M
$112.6M
Q2 25
$283.9M
$446.8M
Q1 25
$208.5M
$144.3M
Q4 24
$97.0M
$506.0M
Q3 24
$226.6M
$119.5M
Q2 24
$221.5M
$256.0M
Free Cash Flow
PSTG
PSTG
TPR
TPR
Q1 26
Q4 25
$52.6M
$1.0B
Q3 25
$150.1M
$80.2M
Q2 25
$211.6M
$411.5M
Q1 25
$152.4M
$113.4M
Q4 24
$35.2M
$475.1M
Q3 24
$166.6M
$93.9M
Q2 24
$172.7M
$209.8M
FCF Margin
PSTG
PSTG
TPR
TPR
Q1 26
Q4 25
5.5%
41.5%
Q3 25
17.4%
4.7%
Q2 25
27.2%
23.9%
Q1 25
17.3%
7.2%
Q4 24
4.2%
21.6%
Q3 24
21.8%
6.2%
Q2 24
24.9%
13.2%
Capex Intensity
PSTG
PSTG
TPR
TPR
Q1 26
Q4 25
6.6%
1.7%
Q3 25
7.2%
1.9%
Q2 25
9.3%
2.0%
Q1 25
6.4%
2.0%
Q4 24
7.4%
1.4%
Q3 24
7.9%
1.7%
Q2 24
7.0%
2.9%
Cash Conversion
PSTG
PSTG
TPR
TPR
Q1 26
Q4 25
2.12×
1.93×
Q3 25
4.50×
0.41×
Q2 25
Q1 25
4.91×
0.71×
Q4 24
1.52×
1.63×
Q3 24
6.35×
0.64×
Q2 24
1.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

TPR
TPR

Segment breakdown not available.

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