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

Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.7× VIASAT INC). Tapestry, Inc. runs the higher net margin — 17.9% vs 2.2%, a 15.7% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (21.0% vs 3.0%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (9.9% CAGR vs 0.3%).

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.

Viasat, Inc. is an American communications company based in Carlsbad, California, with additional operations across the United States and worldwide. Viasat is a provider of high-speed satellite broadband services and secure networking systems covering military and commercial markets.

TPR vs VSAT — Head-to-Head

Bigger by revenue
TPR
TPR
1.7× larger
TPR
$1.9B
$1.2B
VSAT
Growing faster (revenue YoY)
TPR
TPR
+18.0% gap
TPR
21.0%
3.0%
VSAT
Higher net margin
TPR
TPR
15.7% more per $
TPR
17.9%
2.2%
VSAT
Faster 2-yr revenue CAGR
TPR
TPR
Annualised
TPR
9.9%
0.3%
VSAT

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
TPR
TPR
VSAT
VSAT
Revenue
$1.9B
$1.2B
Net Profit
$343.8M
$25.0M
Gross Margin
76.9%
Operating Margin
22.3%
2.3%
Net Margin
17.9%
2.2%
Revenue YoY
21.0%
3.0%
Net Profit YoY
115.8%
EPS (diluted)
$1.65
$0.18

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
TPR
TPR
VSAT
VSAT
Q1 26
$1.9B
Q4 25
$2.5B
$1.2B
Q3 25
$1.7B
$1.1B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.1B
Q4 24
$2.2B
$1.1B
Q3 24
$1.5B
$1.1B
Q2 24
$1.6B
$1.1B
Net Profit
TPR
TPR
VSAT
VSAT
Q1 26
$343.8M
Q4 25
$561.3M
$25.0M
Q3 25
$274.8M
$-61.4M
Q2 25
$-517.1M
$-56.4M
Q1 25
$203.3M
$-246.1M
Q4 24
$310.4M
$-158.4M
Q3 24
$186.6M
$-137.6M
Q2 24
$159.3M
$-32.9M
Gross Margin
TPR
TPR
VSAT
VSAT
Q1 26
76.9%
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%
Operating Margin
TPR
TPR
VSAT
VSAT
Q1 26
22.3%
Q4 25
28.6%
2.3%
Q3 25
19.3%
3.1%
Q2 25
-33.9%
4.0%
Q1 25
16.0%
-13.4%
Q4 24
22.4%
1.9%
Q3 24
16.7%
-2.2%
Q2 24
14.8%
5.3%
Net Margin
TPR
TPR
VSAT
VSAT
Q1 26
17.9%
Q4 25
22.4%
2.2%
Q3 25
16.1%
-5.4%
Q2 25
-30.0%
-4.8%
Q1 25
12.8%
-21.5%
Q4 24
14.1%
-14.1%
Q3 24
12.4%
-12.3%
Q2 24
10.0%
-2.9%
EPS (diluted)
TPR
TPR
VSAT
VSAT
Q1 26
$1.65
Q4 25
$2.68
$0.18
Q3 25
$1.28
$-0.45
Q2 25
$-2.30
$-0.43
Q1 25
$0.95
$-1.92
Q4 24
$1.38
$-1.23
Q3 24
$0.79
$-1.07
Q2 24
$0.67
$-0.26

Balance Sheet & Financial Strength

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

Metric
TPR
TPR
VSAT
VSAT
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.3B
Total DebtLower is stronger
$2.4B
$6.2B
Stockholders' EquityBook value
$682.4M
$4.6B
Total Assets
$6.5B
$14.9B
Debt / EquityLower = less leverage
3.48×
1.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPR
TPR
VSAT
VSAT
Q1 26
$1.1B
Q4 25
$1.1B
$1.3B
Q3 25
$743.2M
$1.2B
Q2 25
$1.1B
$1.2B
Q1 25
$1.1B
$1.6B
Q4 24
$1.0B
$1.6B
Q3 24
$7.3B
$3.5B
Q2 24
$7.2B
$1.8B
Total Debt
TPR
TPR
VSAT
VSAT
Q1 26
$2.4B
Q4 25
$2.4B
$6.2B
Q3 25
$2.4B
$6.5B
Q2 25
$2.4B
$6.5B
Q1 25
$2.4B
$6.5B
Q4 24
$2.4B
$6.5B
Q3 24
$7.0B
$6.4B
Q2 24
$6.9B
$7.1B
Stockholders' Equity
TPR
TPR
VSAT
VSAT
Q1 26
$682.4M
Q4 25
$551.2M
$4.6B
Q3 25
$399.5M
$4.5B
Q2 25
$857.8M
$4.6B
Q1 25
$1.5B
$4.6B
Q4 24
$1.3B
$4.8B
Q3 24
$3.0B
$4.9B
Q2 24
$2.9B
$5.0B
Total Assets
TPR
TPR
VSAT
VSAT
Q1 26
$6.5B
Q4 25
$6.5B
$14.9B
Q3 25
$6.4B
$14.8B
Q2 25
$6.6B
$14.9B
Q1 25
$7.3B
$15.4B
Q4 24
$7.3B
$15.6B
Q3 24
$13.7B
$17.8B
Q2 24
$13.4B
$16.1B
Debt / Equity
TPR
TPR
VSAT
VSAT
Q1 26
3.48×
Q4 25
4.32×
1.37×
Q3 25
5.95×
1.44×
Q2 25
2.77×
1.43×
Q1 25
1.59×
1.43×
Q4 24
1.78×
1.37×
Q3 24
2.35×
1.30×
Q2 24
2.39×
1.42×

Cash Flow & Capital Efficiency

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

Metric
TPR
TPR
VSAT
VSAT
Operating Cash FlowLast quarter
$726.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
29.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPR
TPR
VSAT
VSAT
Q1 26
Q4 25
$1.1B
$726.9M
Q3 25
$112.6M
$282.2M
Q2 25
$446.8M
$258.5M
Q1 25
$144.3M
$298.4M
Q4 24
$506.0M
$219.5M
Q3 24
$119.5M
$239.2M
Q2 24
$256.0M
$151.1M
Free Cash Flow
TPR
TPR
VSAT
VSAT
Q1 26
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
FCF Margin
TPR
TPR
VSAT
VSAT
Q1 26
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%
Capex Intensity
TPR
TPR
VSAT
VSAT
Q1 26
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%
Cash Conversion
TPR
TPR
VSAT
VSAT
Q1 26
Q4 25
1.93×
29.11×
Q3 25
0.41×
Q2 25
Q1 25
0.71×
Q4 24
1.63×
Q3 24
0.64×
Q2 24
1.61×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TPR
TPR

Segment breakdown not available.

VSAT
VSAT

Products$334.2M29%
Aviation Services$303.7M26%
Government Satcom Services$202.4M17%
Maritime Services$114.9M10%
Information Security And Cyber Defense Products$97.0M8%
Tactical Networking Products$93.9M8%
Navarino Uk And Jsat Mobile$15.5M1%
Advanced Technologies And Other Products$6.1M1%

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