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Side-by-side financial comparison of Atlassian Corp (TEAM) 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 $1.6B, roughly 1.6× Atlassian Corp). Tapestry, Inc. runs the higher net margin — 22.4% vs -2.7%, a 25.1% gap on every dollar of revenue. On growth, Atlassian Corp posted the faster year-over-year revenue change (23.3% vs 14.0%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $168.5M).

The Dragoneer Investment Group (Dragoneer) is an American investment firm based in San Francisco, California. The firm focuses on technology investments in both public and private markets globally.

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.

TEAM vs TPR — Head-to-Head

Bigger by revenue
TPR
TPR
1.6× larger
TPR
$2.5B
$1.6B
TEAM
Growing faster (revenue YoY)
TEAM
TEAM
+9.3% gap
TEAM
23.3%
14.0%
TPR
Higher net margin
TPR
TPR
25.1% more per $
TPR
22.4%
-2.7%
TEAM
More free cash flow
TPR
TPR
$869.0M more FCF
TPR
$1.0B
$168.5M
TEAM

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
TEAM
TEAM
TPR
TPR
Revenue
$1.6B
$2.5B
Net Profit
$-42.6M
$561.3M
Gross Margin
85.0%
75.5%
Operating Margin
-3.0%
28.6%
Net Margin
-2.7%
22.4%
Revenue YoY
23.3%
14.0%
Net Profit YoY
-11.6%
80.8%
EPS (diluted)
$-0.16
$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
TEAM
TEAM
TPR
TPR
Q4 25
$1.6B
$2.5B
Q3 25
$1.4B
$1.7B
Q2 25
$1.4B
$1.7B
Q1 25
$1.4B
$1.6B
Q4 24
$1.3B
$2.2B
Q3 24
$1.2B
$1.5B
Q2 24
$1.6B
Q1 24
$1.2B
$1.5B
Net Profit
TEAM
TEAM
TPR
TPR
Q4 25
$-42.6M
$561.3M
Q3 25
$-51.9M
$274.8M
Q2 25
$-23.9M
$-517.1M
Q1 25
$-70.8M
$203.3M
Q4 24
$-38.2M
$310.4M
Q3 24
$-123.8M
$186.6M
Q2 24
$159.3M
Q1 24
$12.8M
$139.4M
Gross Margin
TEAM
TEAM
TPR
TPR
Q4 25
85.0%
75.5%
Q3 25
82.0%
76.3%
Q2 25
83.1%
76.3%
Q1 25
83.8%
76.1%
Q4 24
82.7%
74.4%
Q3 24
81.7%
75.3%
Q2 24
74.9%
Q1 24
82.1%
74.7%
Operating Margin
TEAM
TEAM
TPR
TPR
Q4 25
-3.0%
28.6%
Q3 25
-6.7%
19.3%
Q2 25
-2.1%
-33.9%
Q1 25
-0.9%
16.0%
Q4 24
-4.5%
22.4%
Q3 24
-2.7%
16.7%
Q2 24
14.8%
Q1 24
1.5%
13.8%
Net Margin
TEAM
TEAM
TPR
TPR
Q4 25
-2.7%
22.4%
Q3 25
-3.6%
16.1%
Q2 25
-1.7%
-30.0%
Q1 25
-5.2%
12.8%
Q4 24
-3.0%
14.1%
Q3 24
-10.4%
12.4%
Q2 24
10.0%
Q1 24
1.1%
9.4%
EPS (diluted)
TEAM
TEAM
TPR
TPR
Q4 25
$-0.16
$2.68
Q3 25
$-0.20
$1.28
Q2 25
$-0.08
$-2.30
Q1 25
$-0.27
$0.95
Q4 24
$-0.15
$1.38
Q3 24
$-0.48
$0.79
Q2 24
$0.67
Q1 24
$0.05
$0.60

Balance Sheet & Financial Strength

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

Metric
TEAM
TEAM
TPR
TPR
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.1B
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.6B
$551.2M
Total Assets
$6.2B
$6.5B
Debt / EquityLower = less leverage
4.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TEAM
TEAM
TPR
TPR
Q4 25
$1.6B
$1.1B
Q3 25
$2.8B
$743.2M
Q2 25
$2.9B
$1.1B
Q1 25
$3.0B
$1.1B
Q4 24
$2.5B
$1.0B
Q3 24
$2.2B
$7.3B
Q2 24
$7.2B
Q1 24
$2.1B
$7.4B
Total Debt
TEAM
TEAM
TPR
TPR
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
Stockholders' Equity
TEAM
TEAM
TPR
TPR
Q4 25
$1.6B
$551.2M
Q3 25
$1.4B
$399.5M
Q2 25
$1.3B
$857.8M
Q1 25
$1.4B
$1.5B
Q4 24
$1.2B
$1.3B
Q3 24
$1.0B
$3.0B
Q2 24
$2.9B
Q1 24
$1.1B
$2.8B
Total Assets
TEAM
TEAM
TPR
TPR
Q4 25
$6.2B
$6.5B
Q3 25
$5.7B
$6.4B
Q2 25
$6.0B
$6.6B
Q1 25
$5.9B
$7.3B
Q4 24
$5.4B
$7.3B
Q3 24
$5.0B
$13.7B
Q2 24
$13.4B
Q1 24
$5.1B
$13.7B
Debt / Equity
TEAM
TEAM
TPR
TPR
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
TEAM
TEAM
TPR
TPR
Operating Cash FlowLast quarter
$177.8M
$1.1B
Free Cash FlowOCF − Capex
$168.5M
$1.0B
FCF MarginFCF / Revenue
10.6%
41.5%
Capex IntensityCapex / Revenue
0.6%
1.7%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TEAM
TEAM
TPR
TPR
Q4 25
$177.8M
$1.1B
Q3 25
$128.7M
$112.6M
Q2 25
$375.3M
$446.8M
Q1 25
$652.7M
$144.3M
Q4 24
$351.9M
$506.0M
Q3 24
$80.5M
$119.5M
Q2 24
$256.0M
Q1 24
$565.4M
$97.8M
Free Cash Flow
TEAM
TEAM
TPR
TPR
Q4 25
$168.5M
$1.0B
Q3 25
$114.6M
$80.2M
Q2 25
$360.3M
$411.5M
Q1 25
$638.3M
$113.4M
Q4 24
$342.6M
$475.1M
Q3 24
$74.3M
$93.9M
Q2 24
$209.8M
Q1 24
$554.9M
$78.8M
FCF Margin
TEAM
TEAM
TPR
TPR
Q4 25
10.6%
41.5%
Q3 25
8.0%
4.7%
Q2 25
26.0%
23.9%
Q1 25
47.0%
7.2%
Q4 24
26.6%
21.6%
Q3 24
6.3%
6.2%
Q2 24
13.2%
Q1 24
46.7%
5.3%
Capex Intensity
TEAM
TEAM
TPR
TPR
Q4 25
0.6%
1.7%
Q3 25
1.0%
1.9%
Q2 25
1.1%
2.0%
Q1 25
1.1%
2.0%
Q4 24
0.7%
1.4%
Q3 24
0.5%
1.7%
Q2 24
2.9%
Q1 24
0.9%
1.3%
Cash Conversion
TEAM
TEAM
TPR
TPR
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
44.34×
0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TEAM
TEAM

Cloud Deployment Services$1.1B67%
Data Center Deployment$435.6M27%
Marketplace And Services Deployment$83.7M5%

TPR
TPR

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

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