Tapestry Financial Statements
NYSE: TPRConsumer DiscretionaryApparelUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Tapestry revenue and earnings
In fiscal 2026, Tapestry generated $8.00 billion in revenue, up 14.2% from fiscal 2025, its 3rd consecutive year of revenue growth. Net income was $1.53 billion (+733.9% year over year), for a net margin of 19.1% versus a median of 12.8% in the prior 5 years. Gross margin was 77.8% (up from 75.4%) and operating margin 23.9%.
Diluted earnings per share came in at $7.27, up from $0.82. Over the last 5 fiscal years, TPR's revenue has grown at a 6.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tapestry income statement (annual)
| Fiscal year (USD) | FY 20262026-06-27 | FY 20252025-06-28 | FY 20242024-06-29 | FY 20232023-07-01 | FY 20222022-07-02 | FY 20212021-07-03 | FY 20202020-06-27 | FY 20192019-06-29 | FY 20182018-06-30 | FY 20172017-07-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.00B | 7.01B | 6.67B | 6.66B | 6.68B | 5.75B | 4.96B | 6.03B | 5.88B | 4.49B |
| Revenue growth (YoY) | +14.17% | +5.09% | +0.15% | -0.35% | +16.33% | +15.82% | -17.68% | +2.50% | +31.01% | -0.08% |
| 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 |
| Operating Expenses | 4.31B | 4.87B | 3.75B | 3.54B | 3.47B | 3.11B | 3.79B | 3.23B | 3.18B | 2.29B |
| Selling, General & Admin | 4.31B | 4.02B | 3.75B | 3.54B | 3.47B | 3.11B | — | 3.23B | 3.18B | 2.29B |
| Operating Income | 1.91B | 415.00M | 1.14B | 1.17B | 1.18B | 968.00M | -550.80M | 819.70M | 672.00M | 787.40M |
| Interest Expense | 119.30M | 271.20M | 369.60M | 72.80M | 68.80M | 73.50M | 71.50M | 66.90M | 86.30M | 26.80M |
| Other Income (Expense) | 1.40M | 6.60M | -3.20M | -1.70M | -16.40M | 700.00K | -13.30M | -5.60M | — | — |
| Pretax Income | 1.86B | 216.10M | 1.01B | 1.14B | 1.05B | 897.30M | -624.20M | 766.20M | 596.80M | 759.00M |
| Income Tax | 332.90M | 32.90M | 195.90M | 207.10M | 190.70M | 63.10M | 27.90M | 122.80M | 199.30M | 168.00M |
| Net Income | 1.53B | 183.20M | 816.00M | 936.00M | 856.30M | 834.20M | -652.10M | 643.40M | 397.50M | 591.00M |
| Net Income growth (YoY) | +733.90% | -77.55% | -12.82% | +9.31% | +2.65% | — | -201.35% | +61.86% | -32.74% | +28.34% |
| EPS (Basic) | 7.49 | 0.84 | 3.56 | 3.96 | 3.24 | 3.00 | -2.34 | 2.22 | 1.39 | 2.11 |
| EPS (Diluted) | 7.27 | 0.82 | 3.50 | 3.88 | 3.17 | 2.95 | -2.34 | 2.21 | 1.38 | 2.09 |
| Shares Outstanding (Basic) | 204.00M | 216.80M | 229.20M | 236.40M | 264.30M | 277.90M | 278.60M | 289.40M | 285.40M | 280.60M |
| Shares Outstanding (Diluted) | 210.20M | 222.50M | 233.20M | 241.30M | 270.10M | 283.00M | 278.60M | 290.80M | 288.60M | 282.80M |
| EBITDA | 2.08B | 577.90M | 1.31B | 1.35B | 1.37B | 1.19B | 278.40M | 1.09B | 943.30M | 1.01B |
| Gross Margin | 77.82% | 75.44% | 73.29% | 70.78% | 69.57% | 71.04% | 65.29% | 67.26% | 65.45% | 68.65% |
| Operating Margin | 23.92% | 5.92% | 17.09% | 17.60% | 17.59% | 16.85% | -11.10% | 13.60% | 11.43% | 17.54% |
| Net Margin | 19.09% | 2.61% | 12.23% | 14.05% | 12.81% | 14.52% | -13.14% | 10.68% | 6.76% | 13.17% |
This table shows 10 annual periods of Tapestry's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TPR's reporting calendar. What is a income statement?