Tapestry Quarterly Income Statement
NYSE: TPRConsumer DiscretionaryApparelUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Tapestry revenue and earnings
In the quarter ended Jun 27, 2026, Tapestry generated $1.88 billion in revenue, up 8.9% from the same quarter a year earlier. Net income was $347.8 million, for a net margin of 18.5% versus a median of 16.1% in the prior 5 quarters. Gross margin was 83.3% (up from 76.3%) and operating margin 23.6%.
Diluted earnings per share came in at $1.66.
Summary generated from market data by MetaCap's automated system. Methodology
Tapestry income statement (quarterly)
| Quarter (USD) | Q4 20262026-06-27 | Q3 20262026-03-28 | Q2 20262025-12-27 | Q1 20262025-09-27 | Q4 20252025-06-28 | Q3 20252025-03-29 | Q2 20252024-12-28 | Q1 20252024-09-28 | Q4 20242024-06-29 | Q3 20242024-03-30 | Q2 20242023-12-30 | Q1 20242023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue growth (YoY) | +8.90% | +21.20% | +13.98% | +13.07% | +8.30% | +6.89% | +5.32% | -0.38% | -1.75% | -1.80% | +2.92% | +0.44% |
| Cost of Revenue | 313.00M | 444.10M | 614.00M | 404.10M | 408.10M | 378.80M | 562.30M | 372.60M | 399.90M | 375.00M | 591.30M | 415.50M |
| 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 |
| Operating Expenses | 1.12B | 1.05B | 1.17B | 972.30M | 1.90B | 952.10M | 1.14B | 882.90M | 956.20M | 903.10M | 1.05B | 844.50M |
| Selling, General & Admin | 1.12B | 1.05B | 1.17B | 972.30M | 1.04B | 952.10M | 1.14B | 882.90M | 956.20M | 903.10M | 1.05B | 844.50M |
| Operating Income | 442.30M | 427.50M | 716.40M | 328.20M | -583.50M | 253.70M | 492.80M | 252.00M | 235.00M | 204.30M | 447.60M | 253.20M |
| Interest Expense | 29.00M | 29.30M | 30.90M | 30.10M | 29.40M | 32.80M | 85.80M | 123.20M | 128.60M | 130.10M | 88.60M | 22.30M |
| Other Income (Expense) | -1.60M | 1.60M | -1.90M | 3.30M | 4.30M | 800.00K | -2.90M | 4.40M | -3.70M | -2.80M | 4.70M | -1.40M |
| Pretax Income | 428.80M | 416.00M | 697.10M | 318.70M | -594.00M | 239.10M | 345.30M | 225.70M | 200.80M | 169.50M | 403.10M | 238.50M |
| Income Tax | 81.00M | 72.20M | 135.80M | 43.90M | -76.90M | 35.80M | 34.90M | 39.10M | 41.50M | 30.10M | 80.80M | 43.50M |
| Net Income | 347.80M | 343.80M | 561.30M | 274.80M | -517.10M | 203.30M | 310.40M | 186.60M | 159.30M | 139.40M | 322.30M | 195.00M |
| Net Income growth (YoY) | — | +69.11% | +80.83% | +47.27% | -424.61% | +45.84% | -3.69% | -4.31% | -28.92% | -25.33% | -2.30% | -0.15% |
| EPS (Basic) | 1.72 | 1.70 | 2.75 | 1.32 | -2.36 | 0.98 | 1.41 | 0.81 | 0.69 | 0.61 | 1.41 | 0.85 |
| EPS (Diluted) | 1.66 | 1.65 | 2.68 | 1.28 | -2.30 | 0.95 | 1.38 | 0.79 | 0.67 | 0.60 | 1.39 | 0.84 |
| Shares Outstanding (Basic) | — | 202.50M | 204.10M | 207.60M | — | 207.30M | 219.90M | 231.50M | — | 229.50M | 229.30M | 228.30M |
| Shares Outstanding (Diluted) | — | 208.30M | 209.80M | 215.50M | — | 213.90M | 224.90M | 235.90M | — | 234.20M | 231.70M | 232.50M |
| EBITDA | 487.50M | 466.90M | 755.40M | 365.40M | -540.40M | 291.70M | 533.70M | 292.90M | 283.20M | 244.30M | 489.10M | 297.50M |
| Gross Margin | 83.32% | 76.88% | 75.46% | 76.29% | 76.32% | 76.09% | 74.39% | 75.28% | 74.87% | 74.70% | 71.63% | 72.54% |
| Operating Margin | 23.57% | 22.26% | 28.63% | 19.25% | -33.86% | 16.01% | 22.45% | 16.72% | 14.77% | 13.78% | 21.47% | 16.73% |
| Net Margin | 18.53% | 17.90% | 22.43% | 16.12% | -30.01% | 12.83% | 14.14% | 12.38% | 10.01% | 9.40% | 15.46% | 12.89% |
This table shows 12 quarterly periods of Tapestry's income statement, from Q4 2026 back to Q1 2024, 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?