TAPESTRY, INC. TPR

Industrials SIC 3100 - Leather & Leather Products NAICS Manufacturing › Leather and Allied Product Manufacturing derived NYSE

Tapestry, Inc. (the "Company") is a global house of iconic accessories and lifestyle brands uniting the magic of Coach and kate spade new york. Together, we stretch what's possible – advancing brands further than they could go alone, expanding their reach to new geographies and generations. Inspired by our consumers, we create experiences and products that build lasting brand love and elevate everyday life.

•Coach - Coach is a global fashion house of accessories and lifestyle collections, founded in New York City in 1941. Inspired by the vision of Expressive Luxury and the inclusive and courageous spirit of its hometown, the brand makes beautiful things, crafted to last – for you to be yourself in. Coach has built a legacy of craftsmanship and a community that champions the courage to be real. Coach includes global sales of primarily Coach brand products to customers through our direct-to-consumer ("DTC"), wholesale and licensing businesses. This segment represented 86.4% of total net sales in fiscal 2026.

Last close 110.37 2026-10-23
Market cap $22.01B 2026-06-27 share count
52-week range 93.00 - 164.80

Valuation FY2026 figures against the last close

P/S2.7x
P/E15.2x
P/FCF12.1x
EV/EBITDA11.2x
Dividend yield1.5%
Diluted EPS7.27

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Other
  • China
  • Japan
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2026 United States, FY2026: 4.7B (58.7%) 59% United States Other, FY2026: 1.4B (18.0%) 18% Other China, FY2026: 1.4B (17.5%) 17% China Japan, FY2026: 465.7M (5.8%) 6% Japan FY2025 United States, FY2025: 4.2B (60.0%) 60% Other, FY2025: 1.2B (17.5%) 18% China, FY2025: 1.1B (15.1%) 15% Japan, FY2025: 514.8M (7.3%) 7% FY2024 United States, FY2024: 3.9B (59.2%) 59% Other, FY2024: 1.2B (17.3%) 17% China, FY2024: 1B (15.2%) 15% Japan, FY2024: 554.4M (8.3%) 8%
Region FY2026FY2025FY2024
United States $4.70B $4.21B $3.95B
Other $1.44B $1.23B $1.15B
China $1.40B $1.06B $1.01B
Japan $465.7M $514.8M $554.4M

As the company reported it, from the “SEGMENT INFORMATION - Schedule of Geographical Area Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Coach
  • Kate Spade
  • Other
Revenue by segment, 3 categories over 1 years. The same figures are in the table below. FY2026 Coach, FY2026: 6.9B (86.4%) 86% Coach Kate Spade, FY2026: 1.1B (13.4%) 13% Kate Spade Other, FY2026: 14.6M (0.2%)
Segment FY2026
Coach $6.91B
Kate Spade $1.07B
Other $14.6M

As the company reported it, from the “REVENUE - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
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
SG&A $4.31B$4.02B$3.75B$3.54B$3.47B$3.11B—$3.23B$3.18B$2.29B
Operating income $1.91B$415.0M$1.14B$1.17B$1.18B$968.0M-$550.8M$819.7M$672.0M$787.4M
Interest expense $55.2M$85.4M$125.0M$27.6M$58.7M$71.4M$60.1M$47.9M$74.0M$28.4M
Pre-tax income $1.86B$216.1M$1.01B$1.14B$1.05B$897.3M-$624.2M$766.2M$596.8M$759.0M
Income tax $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
EPS, basic 7.490.843.563.963.243.00-2.342.221.392.11
EPS, diluted 7.270.823.503.883.172.95-2.342.211.382.09
Shares, diluted (wtd. avg.) 210.2M222.5M233.2M241.3M270.1M283.0M278.6M290.8M288.6M282.8M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $974.7M$1.10B$6.14B$726.1M$789.8M$2.01B$1.43B$969.2M$1.24B$2.67B
Short-term investments $177.3M$19.6M$1.06B$15.4M$163.4M$8.1M$8.1M$264.6M$6.6M$410.7M
Receivables $237.1M$239.3M$228.2M$211.5M$252.3M$200.2M$193.3M$298.1M$314.1M$268.0M
Inventory $826.2M$860.7M$824.8M$919.5M$994.2M$734.8M$736.9M$778.3M$673.8M$469.7M
Total current assets $2.88B$2.91B$8.80B$2.36B$2.57B$3.38B$2.55B$2.56B$2.43B$3.95B
Property, plant and equipment ——————$775.2M$938.8M$885.4M$691.4M
Goodwill $957.7M$983.3M$1.20B$1.23B$1.24B$1.30B$1.30B$1.52B$1.48B$480.5M
Other intangibles $716.5M$719.6M$1.35B$1.36B$1.37B$1.37B$1.38B$1.71B$1.73B$340.8M
Total assets $6.69B$6.58B$13.40B$7.12B$7.27B$8.38B$7.92B$6.88B$6.68B$5.83B
Accounts payable $582.3M$456.1M$452.2M$416.9M$520.7M$445.2M$130.8M$243.6M$264.3M$194.6M
Short-term debt $0$16.7M$303.4M$25.0M$31.2M$0$711.5M$800.0K$700.0K$0
Total current liabilities $1.65B$1.56B$1.71B$1.29B$1.47B$1.43B$1.74B$918.0M$938.2M$753.8M
Long-term debt $2.40B$2.40B$7.00B$1.64B$1.67B$1.60B$1.60B$1.62B$1.62B$1.60B
Total liabilities $6.00B$5.72B$10.50B$4.84B$4.98B$5.12B$5.65B$3.36B$3.43B$2.83B
Retained earnings -$3.21B-$2.56B-$722.2M-$1.22B-$1.17B-$158.5M-$992.7M$291.6M$119.0M$107.7M
Total equity $692.1M$857.8M$2.90B$2.28B$2.29B$3.26B$2.28B$3.51B$3.24B$3.00B

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow $1.98B$1.22B$1.26B$975.2M$853.2M$1.32B$407.0M$792.4M$997.5M$853.8M
Depreciation and amortisation $160.8M$162.9M$174.0M$182.2M$195.3M$220.5M$829.2M$270.4M$271.3M$218.9M
Stock-based compensation $104.5M$87.3M$85.9M$78.8M$72.2M$64.1M$53.1M$84.8M$81.3M$73.6M
Capital expenditure $166.0M$122.7M$108.9M$184.2M$93.9M$116.0M$205.4M$274.2M$267.4M$283.1M
Investing cash flow -$218.3M$914.0M-$1.04B$5.7M-$253.6M-$91.0M$44.3M-$574.2M-$2.16B$593.0M
Financing cash flow -$1.86B-$7.18B$5.21B-$1.04B-$1.78B-$666.0M$5.9M-$485.6M-$250.7M$369.5M
Dividends paid $326.1M$299.3M$321.4M$283.3M$264.4M$0$380.3M$390.7M$384.1M$378.0M
Buybacks $1.55B$1.72B$0$703.5M$1.60B$0$300.0M$100.0M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001116132-26-000018.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2.5B 0 2.5B 5B 7.5B 10B Revenue, FY2017: 4.5B Gross profit, FY2017: 3.1B Net income, FY2017: 591M Revenue, FY2018: 5.9B Gross profit, FY2018: 3.8B Net income, FY2018: 397.5M Revenue, FY2019: 6B Gross profit, FY2019: 4.1B Net income, FY2019: 643.4M Revenue, FY2020: 5B Gross profit, FY2020: 3.2B Net income, FY2020: -652.1M Revenue, FY2021: 5.7B Gross profit, FY2021: 4.1B Net income, FY2021: 834.2M Revenue, FY2022: 6.7B Gross profit, FY2022: 4.7B Net income, FY2022: 856.3M Revenue, FY2023: 6.7B Gross profit, FY2023: 4.7B Net income, FY2023: 936M Revenue, FY2024: 6.7B Gross profit, FY2024: 4.9B Net income, FY2024: 816M Revenue, FY2025: 7B Gross profit, FY2025: 5.3B Net income, FY2025: 183.2M Revenue, FY2026: 8B Gross profit, FY2026: 6.2B Net income, FY2026: 1.5B FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $4.49B $5.88B $6.03B $4.96B $5.75B $6.68B $6.66B $6.67B $7.01B $8.00B
Gross profit $3.08B $3.85B $4.05B $3.24B $4.08B $4.65B $4.71B $4.89B $5.29B $6.23B
Net income $591.0M $397.5M $643.4M -$652.1M $834.2M $856.3M $936.0M $816.0M $183.2M $1.53B

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Item 5.02
  • Annual report filed Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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