What is Tapestry, Inc.'s operating income?

Tapestry, Inc. (TPR) reported operating income of $427.5M in Q1 2026.

How has Tapestry, Inc.'s operating income changed year-over-year?

Tapestry, Inc.'s operating income increased by 68.5% year-over-year, from $253.7M to $427.5M.

What is the long-term trend for Tapestry, Inc.'s operating income?

Over 2 years (2022 to 2024), Tapestry, Inc.'s operating income has grown at a -1.5% compound annual growth rate (CAGR), from $1.18B to $1.14B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Tapestry, Inc. TPR Operating Income

Operating Income at other companies

PVHPVH

$124.3M+137%

G-III Apparel GroupGIII

$85.24M+906%

Steven MaddenSHOO

$98.74M+84.6%

Ralph LaurenRL

$188.6M+21.7%

Capri HoldingsCPRI

$46M+76.9%

Movado GroupMOV

$7.02M+2,311%

Segments

By segment

See full

Coach$447.7M+15.1%

Kate Spade-$20.7M—

Stuart Weitzman-$5.6M—

Other financials

Income statement

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Revenue$1.9B+21.2%

Gross profit$1.5B+22.4%

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

See full

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

See full

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:OperatingIncomeLoss.

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 operating income?: Tapestry, Inc. (TPR) reported operating income of $427.5M in Q1 2026.
How has Tapestry, Inc.'s operating income changed year-over-year?: Tapestry, Inc.'s operating income increased by 68.5% year-over-year, from $253.7M to $427.5M.
What is the long-term trend for Tapestry, Inc.'s operating income?: Over 2 years (2022 to 2024), Tapestry, Inc.'s operating income has grown at a -1.5% compound annual growth rate (CAGR), from $1.18B to $1.14B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.