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NYSE · Consumer Discretionary

TAPESTRY, INC. (TPR)

As-reported financials and SEC filings for TAPESTRY, INC. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TAPESTRY, INC.

Tapestry, Inc. is a global company that designs, manufactures, and sells accessories and lifestyle products under its brands Coach and kate spade new york. It offers handbags, footwear, small leather goods, and other fashion items through direct-to-consumer channels, wholesale partners, and licensing agreements. The company serves customers worldwide with a focus on North America, China, Southeast Asia, and Europe.

Snapshot

Revenue
$8.00B
Revenue growth (YoY)
14.2%
Net income
$1.53B
Diluted EPS
$7.27
Gross margin
77.8%
Operating margin
23.9%
Net margin
19.1%
FCF margin
22.6%
ROE
220.7%
net income / fiscal-year-end equity
P/E
15.7×
trailing when available, otherwise FY EPS
Market cap
$23.10B
Long-term debt / equity
3.46×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended June 27, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Tapestry

  • Revenue grew 14.2% to $8.0B in FY2026, faster than the 5.1% the year before.
  • Operating margin is 23.9% in FY2026, +6.3 pp against 17.6% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $1.9B, up 8.9% from Q4 FY2025.
  • Free cash flow was $1.8B in FY2026, 22.6% of revenue.
  • Net income rose 733.9% to $1.5B in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Tapestry’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin77.8%
98th percentile of 275
Operating margin23.9%
96th percentile of 348
Net margin19.1%
96th percentile of 377
FCF margin22.6%
99th percentile of 352
Revenue growth (YoY)+14.2%
84th percentile of 394
ROE220.7%
99th percentile of 343
P/E15.7×
38th percentile of 249
Long-term debt / equity3.46×
92nd percentile of 235
Short interest3.96d
41st percentile of 401

Tapestry’s FCF margin of 22.6% ranks in the 99th percentile of the 352 Consumer Discretionary companies reporting it. Tapestry’s return on equity of 220.7% ranks in the 99th percentile of the 343 Consumer Discretionary companies reporting it. Tapestry’s gross margin of 77.8% ranks in the 98th percentile of the 275 Consumer Discretionary companies reporting it.

No reported insider purchases (code P) in the last 90 days; 4 insider sales totaling $4.3M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$1.57B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$563.9M3.9MAdded
Millennium ManagementquantQ2 2026$208.4M1.4MAdded
Point72 Asset ManagementquantQ2 2026$206.7M1.4MAdded
Citadel AdvisorsquantQ2 2026$158.0M1.1MReduced
Two Sigma InvestmentsquantQ2 2026$147.6M1.0MAdded
Gotham Asset ManagementQ2 2026$93.5M638.9KAdded
Bridgewater AssociatesQ2 2026$79.0M539.4KAdded
Renaissance TechnologiesquantQ2 2026$67.8M463.5KReduced
D. E. ShawquantQ2 2026$47.2M322.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
4
$4.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-09
filed 2026-09-10
Kulikowsky DeniseChief People OfficerSell3.6K$115.36$417K
2026-09-09
filed 2026-09-10
Kulikowsky DeniseChief People OfficerSell2.2K$115.40$253K
2026-08-19
filed 2026-08-20
Crevoiserat Joanne C.Chief Executive OfficerSell14.7K$132.47$1.9M
2026-08-19
filed 2026-08-20
Crevoiserat Joanne C.Chief Executive OfficerSell13.0K$132.47$1.7M
2026-05-26
filed 2026-05-27
Kahn ToddCEO and Brand President, CoachSell19.6K$140.02$2.7M
2026-05-13
filed 2026-05-14
Crevoiserat Joanne C.Chief Executive OfficerSell14.7K$132.88$2.0M
2026-05-13
filed 2026-05-14
Crevoiserat Joanne C.Chief Executive OfficerSell13.0K$132.90$1.7M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
15.0M
settled 2026-08-31
Change vs prior
-3.0%
vs previous settlement
Days to cover
3.96
at avg daily volume
Avg daily volume
3.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-3115.0M-3.0%3.96
2026-08-1415.5M-6.4%4.60
2026-07-3116.5M-3.3%7.71
2026-07-1517.1M+3.1%7.41
2026-06-3016.6M-5.9%4.97
2026-06-1517.6M+13.3%6.50
2026-05-2915.6M-0.6%6.77
2026-05-1515.7M+15.9%4.95

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$8.00B$7.01B$6.67B$6.66B$6.68B
Gross profit$6.23B$5.29B$4.89B$4.71B$4.65B
Operating income$1.91B$415.0M$1.14B$1.17B$1.18B
Net income$1.53B$183.2M$816.0M$936.0M$856.3M
Diluted EPS$7.27$0.82$3.50$3.88$3.17

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$1.98B$1.22B$1.26B$975.2M$853.2M
Capital expenditure$166.0M$122.7M$108.9M$184.2M$93.9M
Free cash flow$1.81B$1.09B$1.15B$791.0M$759.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$1.88B8.9%$347.8M$1.68
Q3 FY2026$1.92B21.2%$343.8M$1.65
Q2 FY2026$2.50B14.0%$561.3M$2.68
Q1 FY2026$1.70B13.1%$274.8M$1.28
Q4 FY2025$1.72B8.3%$-517.1M$-2.40
Q3 FY2025$1.58B6.9%$203.3M$0.95
Q2 FY2025$2.20B5.3%$310.4M$1.38
Q1 FY2025$1.51B-0.4%$186.6M$0.79

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryLeather & Leather Products
Latest annual periodFY2026 (ended June 27, 2026)
Latest reported quarterQ4 FY2026 (ended June 27, 2026)
Oldest indexed filing2014
SEC CIK1116132

Selected SEC filings

10-K2026-08-13
View on EDGAR →
10-K2025-08-14
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2026-02-05
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-05-08
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.