Tapestry, Inc. (TPR) Income Statement
TPR FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsTPR revenue and net income
Where TPR's revenue goes
FY2026Each bar shows an amount and its share of revenue. TPR kept 19.1% of revenue as net income.
TPR profit margins
TPR growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.2% | +6.3% | +6.9% | +5.9% |
| Gross profit | +17.8% | +9.7% | +8.8% | +7.4% |
| Operating income | +361.3% | +17.8% | +14.6% | +11.3% |
| Net income | +733.9% | +17.7% | +12.9% | +12.7% |
| EPS (diluted) | +38.5% | +22.0% | +18.8% | +13.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TPR quarterly EPS vs estimates
Tapestry beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 5, 2026 (estimate $1.55).
TPR income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.00B | $7.01B | $6.67B | $6.66B | $6.68B | $5.75B | $4.96B | $6.03B | $5.88B | $4.49B |
| Cost of revenue | $1.78B | $1.72B | $1.78B | $1.95B | $2.03B | $1.66B | $1.72B | $1.97B | $2.03B | $1.41B |
| Gross profit | $6.23B | $5.29B | $4.89B | $4.71B | $4.65B | $4.08B | $3.24B | $4.05B | $3.85B | $3.08B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $4.31B | $4.02B | $3.63B | $3.54B | $3.47B | $3.11B | $3.79B | $3.24B | $3.18B | $2.29B |
| Total operating expenses | $4.31B | $4.87B | $3.75B | $3.54B | $3.47B | $3.11B | $3.79B | $3.23B | $3.18B | $2.29B |
| Operating income | $1.91B | $415.0M | $1.14B | $1.17B | $1.18B | $968.0M | −$550.8M | $819.7M | $670.8M | $787.4M |
| Interest income | — | $85.4M | $125.0M | $27.6M | $58.7M | $71.4M | $60.1M | $47.9M | $74.0M | $28.4M |
| Interest expense | $55.2M | $85.4M | $125.0M | $27.6M | $58.7M | $71.4M | $60.1M | $47.9M | $74.0M | $28.4M |
| Income before taxes | $1.86B | $216.1M | $1.01B | $1.14B | $1.05B | $897.3M | −$624.2M | $766.2M | $596.8M | $759.0M |
| Income taxes | $332.9M | $32.9M | $195.9M | $207.1M | $190.7M | $63.1M | $27.9M | $122.8M | $199.3M | $168.0M |
| Net income | $1.53B | $183.2M | $816.0M | $936.0M | $856.3M | $834.2M | −$652.1M | $643.4M | $397.5M | $591.0M |
| EBITDA | $2.13B | $526.4M | $1.37B | $1.39B | $1.31B | $1.19B | −$315.8M | $1.08B | $931.1M | $1.00B |
| EPS (diluted) | $7.05 | $5.09 | $4.29 | $3.88 | $3.44 | $2.98 | $0.98 | $2.58 | $2.63 | $2.16 |
| Gross margin | 77.8% | 75.4% | 73.3% | 70.8% | 69.6% | 71.0% | 65.3% | 67.3% | 65.5% | 68.6% |
| Operating margin | 23.9% | 5.9% | 17.1% | 17.6% | 17.6% | 16.8% | −11.1% | 13.6% | 11.4% | 17.5% |
| Net margin | 19.1% | 2.6% | 12.2% | 14.1% | 12.8% | 14.5% | −13.1% | 10.7% | 6.8% | 13.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.92B | $2.50B | $1.70B | $1.72B | $1.58B | $2.20B | $1.51B | $1.59B | $1.48B | $2.08B | $1.51B |
| Cost of revenue | $313.0M | $444.1M | $614.0M | $404.1M | $408.1M | $378.8M | $562.3M | $372.6M | $399.9M | $375.0M | $591.3M | $415.5M |
| Gross profit | $1.56B | $1.48B | $1.89B | $1.30B | $1.32B | $1.21B | $1.63B | $1.13B | $1.19B | $1.11B | $1.49B | $1.10B |
| Sales, general & admin | $1.12B | $1.05B | $1.17B | $972.3M | $1.04B | $952.1M | $1.14B | $882.9M | $922.9M | $903.1M | $1.05B | $844.5M |
| Total operating expenses | $1.12B | $1.05B | $1.17B | $972.3M | $1.90B | $952.1M | $1.14B | $882.9M | $956.2M | $903.1M | $1.05B | $844.5M |
| Operating income | $442.3M | $427.5M | $716.4M | $328.2M | −$583.5M | $253.7M | $492.8M | $252.0M | $235.0M | $204.3M | $447.6M | $253.2M |
| Interest income | — | — | $17.4M | $12.8M | $14.8M | $15.4M | $24.5M | $30.7M | — | — | — | $13.3M |
| Interest expense | $11.9M | $13.1M | $17.4M | $12.8M | $14.8M | $15.4M | $24.5M | $30.7M | $30.5M | $32.0M | $49.2M | $13.3M |
| Income before taxes | $428.8M | $416.0M | $697.1M | $318.7M | −$594.0M | $239.1M | $345.3M | $225.7M | $200.8M | $169.5M | $403.1M | $238.5M |
| Income taxes | $81.0M | $72.2M | $135.8M | $43.9M | −$76.9M | $35.8M | $34.9M | $39.1M | $41.5M | $30.1M | $80.8M | $43.5M |
| Net income | $347.8M | $343.8M | $561.3M | $274.8M | −$517.1M | $203.3M | $310.4M | $186.6M | $159.3M | $139.4M | $322.3M | $195.0M |
| EBITDA | $488.6M | $483.0M | $778.3M | $383.1M | −$517.7M | $307.5M | $425.3M | $311.3M | $334.5M | $255.8M | $507.2M | $309.5M |
| EPS (diluted) | $1.32 | $1.66 | $2.69 | $1.38 | $1.04 | $1.03 | $2.00 | $1.02 | $0.92 | $0.81 | $1.63 | $0.93 |
| Gross margin | 83.3% | 76.9% | 75.5% | 76.3% | 76.3% | 76.1% | 74.4% | 75.3% | 74.9% | 74.7% | 71.6% | 72.5% |
| Operating margin | 23.6% | 22.3% | 28.6% | 19.3% | −33.9% | 16.0% | 22.4% | 16.7% | 14.8% | 13.8% | 21.5% | 16.7% |
| Net margin | 18.5% | 17.9% | 22.4% | 16.1% | −30.0% | 12.8% | 14.1% | 12.4% | 10.0% | 9.4% | 15.5% | 12.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TPR's financial statements (latest annual report filed August 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TPR financial results
In fiscal year 2026 (ended June 30, 2026), Tapestry reported revenue of $8.0 billion, up 14.2% from the year before. It had net income of $1.5 billion (up 733.9%), a net profit margin of 19.1%. Diluted earnings per share came to $7.05. Over five years revenue grew at an average rate of 6.9% a year.
See the TPR stock overview for the latest quote and news, or the TPR chart for price history and technical indicators.
TPR income statement FAQ
What is Tapestry's annual revenue?
Tapestry reported total revenue of $8.0 billion for fiscal year 2026, which ended on June 30, 2026. That was up 14.2% from $7.0 billion the previous year.
Is Tapestry profitable?
Yes. Tapestry reported net income of $1.5 billion in fiscal 2026, a net profit margin of 19.1%; its operating margin was 23.9%.
What is Tapestry's gross margin?
Tapestry's gross margin was 77.8% in fiscal 2026: for every $100 of revenue, Tapestry kept $78 after the direct cost of its products and services.
How fast is Tapestry growing?
Revenue grew 6.9% a year on average over the last five fiscal years, from $5.7 billion to $8.0 billion.
What are Tapestry's earnings per share?
Tapestry earned $7.05 per diluted share in fiscal 2026, compared with $5.09 a year earlier.
When will Tapestry report its next earnings?
Tapestry is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Tapestry's fiscal year end?
Tapestry's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 13, 2026.