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Tapestry, Inc. TPR Indefinite-Lived Intangible Assets

Indefinite-Lived Intangible Assets at other companies

PVH logo
PVHPVH
$2.67B+1.3%
G-III Apparel Group logo
G-III Apparel GroupGIII
$633.87M+2.5%

Other financials

Income statement

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Revenue$1.9B+21.2%
Gross profit$1.5B+22.4%
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$33.29B+48.5%
Enterprise value$36.19B+43.4%
P/E24.1×+6.5×
P/S4.2×+1.0×

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

Reported directly by Tapestry, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IndefiniteLivedIntangibleAssetsExcludingGoodwill.

The source filing: Tapestry, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 6:50 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001116132-26-000011
Line itemMarch 28, 2026 / Gross Carrying AmountMarch 28, 2026 / Accum.Amort.March 28, 2026 / NetJune 28, 2025 / Gross Carrying AmountJune 28, 2025 / Accum.Amort.June 28, 2025 / Net
Intangible assets subject to amortization:
Customer relationships$45.6$(27.5)$18.1$45.6$(25.1)$20.5
Total intangible assets subject to amortization45.6(27.5)18.145.6(25.1)20.5
Intangible assets not subject to amortization:
Trademarks and trade names(1)699.1699.1699.1699.1
Total intangible assets$744.7$(27.5)$717.2$744.7$(25.1)$719.6

ITEM 6. [Exhibits](#i74a08e11caf74877aad730a23b1a78db_127) [50](#i74a08e11caf74877aad730a23b1a78db_127)

FAQ

What is Tapestry, Inc.'s indefinite-lived intangible assets?
Tapestry, Inc. (TPR) reported indefinite-lived intangible assets of $699.1M in Q1 2026.
How has Tapestry, Inc.'s indefinite-lived intangible assets changed year-over-year?
Tapestry, Inc.'s indefinite-lived intangible assets decreased by 46.6% year-over-year, from $1.31B to $699.1M.
What is the long-term trend for Tapestry, Inc.'s indefinite-lived intangible assets?
Over 4 years (2021 to 2025), Tapestry, Inc.'s indefinite-lived intangible assets has grown at a -14.5% compound annual growth rate (CAGR), from $1.31B to $699.1M.
What does indefinite-lived intangible assets mean?
This represents intangible assets, such as iconic brand names or trademarks, that are expected to generate cash flows for an unlimited period. Unlike finite-lived assets, these are not amortized but are tested annually for impairment. They represent the core long-term value of the company's brand portfolio.

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