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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

Bigger by revenue
TPR
TPR
1.9× larger
TPR
$1.9B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+10.0% gap
WAL
31.0%
21.0%
TPR
Higher net margin
WAL
WAL
0.7% more per $
WAL
18.6%
17.9%
TPR
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
9.9%
TPR

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
TPR
TPR
WAL
WAL
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.

Revenue
TPR
TPR
WAL
WAL
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
Net Profit
TPR
TPR
WAL
WAL
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
Gross Margin
TPR
TPR
WAL
WAL
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
WAL
WAL
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%
Net Margin
TPR
TPR
WAL
WAL
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%
EPS (diluted)
TPR
TPR
WAL
WAL
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
TPR
TPR
WAL
WAL
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.

Cash + ST Investments
TPR
TPR
WAL
WAL
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
Total Debt
TPR
TPR
WAL
WAL
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
Stockholders' Equity
TPR
TPR
WAL
WAL
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
Total Assets
TPR
TPR
WAL
WAL
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
Debt / Equity
TPR
TPR
WAL
WAL
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.

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