What is Tapestry, Inc.'s gross profit?

Tapestry, Inc. (TPR) reported gross profit of $1.48B in Q1 2026.

How has Tapestry, Inc.'s gross profit changed year-over-year?

Tapestry, Inc.'s gross profit increased by 22.4% year-over-year, from $1.21B to $1.48B.

What is the long-term trend for Tapestry, Inc.'s gross profit?

Over 3 years (2022 to 2025), Tapestry, Inc.'s gross profit has grown at a 4.4% compound annual growth rate (CAGR), from $4.65B to $5.29B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Tapestry, Inc. TPR Gross Profit

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Other financials

Income statement

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Revenue$1.9B+21.2%

Operating income$427.5M+68.5%

Net income$343.8M+69.1%

EPS (diluted)$1.65+73.7%

Balance sheet

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Cash & equivalents$1.0B+0.8%

Total debt$3.9B-4.5%

Total equity$682.4M-54.3%

Total assets$6.5B-11.5%

Cash flow

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Operating cash flow$262.6M+82.0%

CapEx$36.8M+19.1%

Free cash flow$225.8M+99.1%

Valuation

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Market cap$29.5B+62.8%

Enterprise value$32.39B+54.7%

P/E21.3×+5.8×

P/S3.8×+1.2×

Profitability

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Gross margin76.2%+1.1pp

Operating margin17.9%+0.3pp

Net margin12.5%-0.7pp

FCF margin22.4%+9.4pp

Returns & leverage

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Return on equity40.3%+5.3pp

Debt / equity5.8×+3.0×

Current ratio1.8×+0.1×

Where this comes from

Calculated from Tapestry, Inc.’s reported figures.

$1.9Btotal revenue−$444.1Mtotal cost of revenue=$1.48B

The official record: Tapestry, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tapestry, Inc.'s gross profit?: Tapestry, Inc. (TPR) reported gross profit of $1.48B in Q1 2026.
How has Tapestry, Inc.'s gross profit changed year-over-year?: Tapestry, Inc.'s gross profit increased by 22.4% year-over-year, from $1.21B to $1.48B.
What is the long-term trend for Tapestry, Inc.'s gross profit?: Over 3 years (2022 to 2025), Tapestry, Inc.'s gross profit has grown at a 4.4% compound annual growth rate (CAGR), from $4.65B to $5.29B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.