Tapestry, Inc. (TPR) income statement
NYSE · Consumer Cyclical · Luxury Goods · 19,000 employees · CEO Joanne C. Crevoiserat
- Price
- $134.17 +7.07%
- Market cap
- $26.6B
- Enterprise value
- $30.3B
- Last report
- Q1 '27 filed 2026-11-05
- Next report
- 2027-02-04 EPS est. $3.02
Tapestry, Inc. (TPR) reported revenue of $1.89B for Q1 '27 (+11.1% year on year), operating income of $424M (22.4% of revenue) and net income of $360M. Over the last four quarters revenue was $8.19B.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.08B | $1.48B | $1.59B | $1.51B | $2.2B | $1.58B | $1.72B | $1.7B | $2.5B | $1.92B | $1.88B | $1.89B | |
| Cost of revenue | $591M | $375M | $400M | $373M | $562M | $379M | $408M | $404M | $614M | $444M | $313M | $406M | |
| Gross profit | $1.49B | $1.11B | $1.19B | $1.13B | $1.63B | $1.21B | $1.32B | $1.3B | $1.89B | $1.48B | $1.56B | $1.49B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.06B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $855M | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $1.05B | $903M | $956M | $883M | $1.14B | $952M | $1.9B | $972M | $1.17B | $1.05B | $1.12B | $1.06B | |
| Operating income | $448M | $204M | $235M | $252M | $493M | $254M | -$584M | $328M | $716M | $428M | $442M | $424M | |
| Interest expense | $49.2M | $32M | $30.5M | $30.7M | $24.5M | $15.4M | $14.8M | $12.8M | $17.4M | $13.1M | $11.9M | $13M | |
| Other non-operating income (gains on investments, FX ...) | -$4.7M | $2.8M | $3.7M | -$4.4M | $123M | -$800K | -$4.3M | -$3.3M | -$8.8M | -$1.6M | $12.3M | $0 | |
| Total non-operating income | -$44.5M | -$34.8M | -$34.2M | -$26.3M | -$148M | -$14.6M | -$10.5M | -$9.5M | -$19.3M | -$11.5M | -$13.5M | -$13M | |
| Income before tax | $403M | $170M | $201M | $226M | $345M | $239M | -$594M | $319M | $697M | $416M | $429M | $411M | |
| Income tax | $80.8M | $30.1M | $41.5M | $39.1M | $34.9M | $35.8M | -$76.9M | $43.9M | $136M | $72.2M | $81M | $51M | |
| Net income | $322M | $139M | $159M | $187M | $310M | $203M | -$517M | $275M | $561M | $344M | $348M | $360M | |
| EPS (basic) | $1.41 | $0.61 | $0.69 | $0.81 | $1.41 | $0.98 | -$2.49 | $1.32 | $2.75 | $1.70 | $1.72 | $1.81 | |
| EPS (diluted) | $1.39 | $0.60 | $0.68 | $0.79 | $1.38 | $0.95 | -$2.49 | $1.28 | $2.68 | $1.65 | $1.66 | $1.76 | |
| Shares (basic, weighted) | 229M | 230M | 230M | 232M | 220M | 207M | 208M | 215M | 204M | 203M | 204M | 199M | |
| Shares (diluted, weighted) | 232M | 234M | 235M | 236M | 225M | 214M | 208M | 216M | 210M | 208M | 210M | 205M | |
| Depreciation & amortization | $54.9M | $54.3M | $103M | $54.9M | $55.5M | $53M | $61.5M | $51.6M | $53.1M | $53.9M | $58.6M | $40M | |
| EBITDA | $507M | $256M | $335M | $311M | $425M | $308M | -$518M | $383M | $778M | $483M | $489M | $464M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.49B | $5.88B | $6.03B | $4.96B | $5.75B | $6.68B | $6.66B | $6.67B | $7.01B | $8B | |
| Cost of revenue | $1.41B | $2.03B | $1.97B | $1.72B | $1.66B | $2.03B | $1.95B | $1.78B | $1.72B | $1.78B | |
| Gross profit | $3.08B | $3.85B | $4.05B | $3.24B | $4.08B | $4.65B | $4.71B | $4.89B | $5.29B | $6.23B | |
| Other operating expenses | $0 | $0 | $0 | $478M | $0 | $0 | $0 | $0 | $855M | $0 | |
| Operating expenses | $2.29B | $3.18B | $3.23B | $3.79B | $3.11B | $3.47B | $3.54B | $3.75B | $4.87B | $4.31B | |
| Operating income | $787M | $672M | $820M | -$551M | $968M | $1.18B | $1.17B | $1.14B | $415M | $1.91B | |
| Interest expense | $28.4M | $74M | $47.9M | $60.1M | $71.4M | $58.7M | $27.6M | $125M | $85.4M | $55.2M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $1.2M | $5.6M | $13.3M | -$700K | $70.1M | $1.7M | $3.2M | $114M | -$1.4M | |
| Total non-operating income | -$28.4M | -$75.2M | -$53.5M | -$73.4M | -$70.7M | -$129M | -$29.3M | -$128M | -$199M | -$53.8M | |
| Income before tax | $759M | $597M | $766M | -$624M | $897M | $1.05B | $1.14B | $1.01B | $216M | $1.86B | |
| Income tax | $168M | $199M | $123M | $27.9M | $63.1M | $191M | $207M | $196M | $32.9M | $333M | |
| Net income | $591M | $398M | $643M | -$652M | $834M | $856M | $936M | $816M | $183M | $1.53B | |
| EPS (basic) | $2.11 | $1.39 | $2.22 | -$2.34 | $3.00 | $3.24 | $3.96 | $3.56 | $0.85 | $7.49 | |
| EPS (diluted) | $2.09 | $1.38 | $2.21 | -$2.34 | $2.95 | $3.17 | $3.88 | $3.50 | $0.82 | $7.27 | |
| Shares (basic, weighted) | 281M | 285M | 289M | 279M | 278M | 264M | 236M | 229M | 217M | 204M | |
| Shares (diluted, weighted) | 283M | 289M | 291M | 279M | 283M | 270M | 241M | 233M | 223M | 210M | |
| Depreciation & amortization | $213M | $260M | $268M | $248M | $219M | $206M | $224M | $229M | $225M | $217M | |
| EBITDA | $1B | $931M | $1.08B | -$316M | $1.19B | $1.31B | $1.39B | $1.37B | $526M | $2.13B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-26, 10-K 2026-06-27, 10-Q 2026-03-28, 10-Q 2025-12-27, 10-Q 2025-09-27, 10-K 2025-06-28, 10-Q 2025-03-29, 10-Q 2024-12-28, 10-Q 2024-09-28
Data as of 2026-11-06