Income StatementBalance SheetCash FlowSegments
Tapestry, Inc. logo

Tapestry, Inc. Cash Flow Statement

Operating, investing, and financing cash movements

Tapestry, Inc. generated $1.9B in operating cash flow over the trailing twelve months. After $148.1M in capital expenditures, free cash flow was $1.8B. Free cash flow increased 1.0% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.9BNet Cash From Investing (TTM)-$10.4MNet Cash From Financing (TTM)-$1.9BCapital Expenditures (TTM)$148.1MDepreciation And Amortization Cf (TTM)$158.7MNet Change In Cash (TTM)-$53.5M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$26.5B
P/E Ratio19.16
ROE127.12%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Other non-cash income (expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Change in accounts payable-$31.5M-$107.0M—$33.8M$75.6M-$56.9M
Change in accounts receivable$14.5M-$24.4M-$52.6M$46.2M$54.5M-$18.9M
Change in accrued liabilities-$43.7M-$57.2M$124.9M-$71.1M$134.6M-$133.4M
Change in inventories-$64.7M$16.0M—$160.6M-$124.5M-$52.4M
Change in other assets-$29.5M-$4.6M—$54.0M-$99.9M$25.0M
Change in other liabilities$9.6M-$3.0M—$6.2M$28.6M-$15.0M
Other working capital changes$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Benefit from Receivables$1.0M$1.7M$600.0K$900.0K$3.4M$800.0K
Deferred income taxes$10.4M$19.1M-$181.5M$58.5M$40.3M$10.4M
Depreciation and amortization$40.9M$38.0M$43.1M$37.2M$39.0M$39.4M
Other Non-Cash Income (Expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Loss on extinguishment of debt-$120.1M$0.0——$0.0$0.0
Other Non-cash Income (Expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Other Non-cash Income (Expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Net cash from operating activities$506.0M$144.3M$446.8M$112.6M$1.1B$262.6M
Net income$310.4M$203.3M—$274.8M$561.3M$343.8M
Other non-cash income (expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Amortization of capitalized software$14.6M$15.0M$18.4M$14.4M$14.1M$14.5M
Changes to lease related balances, net-$10.3M-$6.2M-$8.2M-$6.4M-$5.4M-$3.2M
Increase (Decrease) in Other Operating Assets-$29.5M-$4.6M—$54.0M-$99.9M$25.0M
Other Noncash Income (Expense)$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Accounts Receivable, Credit Loss Expense (Reversal)$1.0M$1.7M$600.0K$900.0K$3.4M$800.0K
Other Non-cash Income and Expense$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Other Non-Cash Adjustments$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Other Non-Cash Income and Expense$17.0M-$3.4M$8.8M-$2.7M$9.3M$11.7M
Provision for credit losses$1.0M$1.7M$600.0K$900.0K$3.4M$800.0K
Stock-based compensation$21.8M$24.2M$22.2M$22.4M$29.0M$27.6M
Amortization of capitalized software$14.6M$15.0M$18.4M$14.4M$14.1M$14.5M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from lines of credit$254.1M$254.1M$254.1M———
Proceeds from lines of credit$254.1M$254.1M$254.1M———
Debt Extinguishment Costs$15.9M$15.9M$15.9M———
Payments of Debt Extinguishment Costs$15.9M$15.9M$15.9M———
Proceeds from Lines of Credit$254.1M$254.1M$254.1M———
Repayments of Lines of Credit$250.0M$250.0M$250.0M———
Proceeds from issuance of debt$562.0M$562.0M$562.0M———
Repayments of debt$6.9B$0.0$303.4M———
Dividends paid$72.4M$72.7M$72.8M$83.3M$81.3M$81.0M
Accelerated Share Repurchases, Estimated Liability Payment$75.0M$75.0M$75.0M———
Finance Lease, Principal Payments$300.0K$400.0K—$0.0$0.0$0.0
Payments Of Debt Issuance Costs$12.3M$1.1M$0.0$500.0K$0.0$0.0
Proceeds from issuances of debt$562.0M$562.0M$562.0M———
Proceeds from exercises of stock options and other stock issuances$72.5M$28.1M$13.8M$69.9M$21.2M$19.8M
Other, net-$300.0K-$300.0K-$300.0K———
Payment for Debt Extinguishment Costs$15.9M$15.9M$15.9M———
Finance lease prepayments$300.0K$400.0K—$0.0$0.0$0.0
Payment of Deferred Purchase Consideration-$300.0K-$300.0K-$300.0K———
Noncontrolling interest transactions and other-$300.0K-$300.0K-$300.0K———
Proceeds from Borrowings on Revolving Credit Facility$254.1M$254.1M$254.1M———
Repayments of Lines of Credit$250.0M$250.0M$250.0M———
Net cash from financing activities-$6.7B-$32.6M-$366.8M-$550.8M-$705.7M-$228.8M
Other financing activities-$300.0K-$300.0K-$300.0K———
Payment of debt issuance costs$12.3M$1.1M$0.0$500.0K$0.0$0.0
Payments for finance leases$300.0K$400.0K—$0.0$0.0$0.0
Borrowings Under Acquisition Credit Facilities$254.1M$254.1M$254.1M———
Noncontrolling Interests Activity and Other-$300.0K-$300.0K-$300.0K———
Repayments of Acquisition Credit Facilities$250.0M$250.0M$250.0M———
Proceeds from issuance of common stock$72.5M$28.1M$13.8M$69.9M$21.2M$19.8M
Payment for Debt Extinguishment Costs$15.9M$15.9M$15.9M———
Proceeds from Secured Lines of Credit$254.1M$254.1M$254.1M———
Repurchases of common stock$1.6B$52.3M$53.4M$698.2M$403.5M$150.2M
Taxes paid for net share settlement$500.0K$700.0K$800.0K$78.7M$2.1M$400.0K
Payment for Debt Extinguishment or Prepayment Cost$15.9M$15.9M$15.9M———
Payment for debt extinguishment or prepayment costs$15.9M$15.9M$15.9M———
Repayments of lines of credit$250.0M$250.0M$250.0M———
Premiums Paid to Extinguish Debt$15.9M$15.9M$15.9M———

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid$1.1M$300.0K$6.1M$30.8M-$600.0K$1.3M
Income taxes paid$41.2M$45.2M$38.3M$35.0M$16.4M$102.5M
Interest paid$300.9M$24.9M$45.1M$83.3M$40.8M$86.2M
Capital expenditures incurred but not yet paid$1.1M$300.0K$6.1M$30.8M-$600.0K$1.3M
Capital Expenditures Incurred but Not Yet Paid$1.1M$300.0K$6.1M$30.8M-$600.0K$1.3M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$30.9M$30.9M$35.3M$32.4M$43.6M$36.8M
Divestiture of businesses, net of cash transferred$0.0$0.0—$109.6M$0.0-$500.0K
Proceeds from disposition of marketable securities and other investments$1.2B$300.0K$1.4M$500.0K$500.0K$1.6M
Net cash from investing activities$789.3M-$31.2M$0.0$69.3M-$43.4M-$36.3M
Proceeds from maturities/sales of investments$1.2B$300.0K$1.4M$500.0K$500.0K$1.6M
Proceeds from sale of businesses$0.0$0.0—$109.6M$0.0-$500.0K
Purchases of investments$406.3M$600.0K$300.0K$8.4M$300.0K$600.0K
Proceeds from divestiture of prepaid business$0.0$0.0—$109.6M$0.0-$500.0K

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$475.1M$113.4M$411.5M$80.2M$1.0B$225.8M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$73.5M$3.1M$10.9M-$11.6M$1.8M-$4.3M
Net increase (decrease) in cash-$5.5B$54.3M$0.0-$380.5M$333.8M-$6.8M
Accrued payables for capital expenditures$1.1M$300.0K$6.1M$30.8M-$600.0K$1.3M
Net (Decrease) Increase in Cash Classified Within Current Assets Held for Sale$5.9M$5.9M$5.9M———