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Side-by-side financial comparison of Tapestry, Inc. (TPR) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.0B, roughly 1.9× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 17.9%, a 0.7% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 21.0%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 9.9%).
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.
Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.
TPR vs WAL — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.9B | $1.0B |
| Net Profit | $343.8M | $189.2M |
| Gross Margin | 76.9% | — |
| Operating Margin | 22.3% | — |
| Net Margin | 17.9% | 18.6% |
| Revenue YoY | 21.0% | 31.0% |
| Net Profit YoY | — | -5.0% |
| EPS (diluted) | $1.65 | $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.
| Q1 26 | $1.9B | $1.0B | ||
| Q4 25 | $2.5B | $980.9M | ||
| Q3 25 | $1.7B | $938.2M | ||
| Q2 25 | $1.7B | $845.9M | ||
| Q1 25 | $1.6B | $778.0M | ||
| Q4 24 | $2.2B | $838.4M | ||
| Q3 24 | $1.5B | $823.1M | ||
| Q2 24 | $1.6B | $771.8M |
| Q1 26 | $343.8M | $189.2M | ||
| Q4 25 | $561.3M | $286.1M | ||
| Q3 25 | $274.8M | $253.4M | ||
| Q2 25 | $-517.1M | $230.4M | ||
| Q1 25 | $203.3M | $199.1M | ||
| Q4 24 | $310.4M | $216.9M | ||
| Q3 24 | $186.6M | $199.8M | ||
| Q2 24 | $159.3M | $193.6M |
| 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% | — |
| Q1 26 | 22.3% | — | ||
| Q4 25 | 28.6% | 36.3% | ||
| Q3 25 | 19.3% | 33.4% | ||
| Q2 25 | -33.9% | 34.4% | ||
| Q1 25 | 16.0% | 31.7% | ||
| Q4 24 | 22.4% | 30.9% | ||
| Q3 24 | 16.7% | 30.6% | ||
| Q2 24 | 14.8% | 32.1% |
| Q1 26 | 17.9% | 18.6% | ||
| Q4 25 | 22.4% | 29.2% | ||
| Q3 25 | 16.1% | 27.0% | ||
| Q2 25 | -30.0% | 27.2% | ||
| Q1 25 | 12.8% | 25.6% | ||
| Q4 24 | 14.1% | 25.9% | ||
| Q3 24 | 12.4% | 24.3% | ||
| Q2 24 | 10.0% | 25.1% |
| Q1 26 | $1.65 | $1.65 | ||
| Q4 25 | $2.68 | $2.59 | ||
| Q3 25 | $1.28 | $2.28 | ||
| Q2 25 | $-2.30 | $2.07 | ||
| Q1 25 | $0.95 | $1.79 | ||
| Q4 24 | $1.38 | $1.94 | ||
| Q3 24 | $0.79 | $1.80 | ||
| Q2 24 | $0.67 | $1.75 |
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 | $4.3B |
| Stockholders' EquityBook value | $682.4M | $7.9B |
| Total Assets | $6.5B | $98.9B |
| Debt / EquityLower = less leverage | 3.48× | 0.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $743.2M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $7.2B | — |
| Q1 26 | $2.4B | $4.3B | ||
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.4B | $2.9B | ||
| Q2 25 | $2.4B | $2.9B | ||
| Q1 25 | $2.4B | $1.6B | ||
| Q4 24 | $2.4B | $2.4B | ||
| Q3 24 | $7.0B | $1.4B | ||
| Q2 24 | $6.9B | $436.0M |
| Q1 26 | $682.4M | $7.9B | ||
| Q4 25 | $551.2M | $7.7B | ||
| Q3 25 | $399.5M | $7.4B | ||
| Q2 25 | $857.8M | $7.1B | ||
| Q1 25 | $1.5B | $6.9B | ||
| Q4 24 | $1.3B | $6.7B | ||
| Q3 24 | $3.0B | $6.7B | ||
| Q2 24 | $2.9B | $6.3B |
| Q1 26 | $6.5B | $98.9B | ||
| Q4 25 | $6.5B | $92.8B | ||
| Q3 25 | $6.4B | $91.0B | ||
| Q2 25 | $6.6B | $86.7B | ||
| Q1 25 | $7.3B | $83.0B | ||
| Q4 24 | $7.3B | $80.9B | ||
| Q3 24 | $13.7B | $80.1B | ||
| Q2 24 | $13.4B | $80.6B |
| Q1 26 | 3.48× | 0.54× | ||
| Q4 25 | 4.32× | 0.18× | ||
| Q3 25 | 5.95× | 0.39× | ||
| Q2 25 | 2.77× | 0.41× | ||
| Q1 25 | 1.59× | 0.23× | ||
| Q4 24 | 1.78× | 0.36× | ||
| Q3 24 | 2.35× | 0.21× | ||
| Q2 24 | 2.39× | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.