Tapestry, Inc. Operating Income decreased by 40.3% to $427.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 68.5%, from $253.70M to $427.50M. Over 3 years (FY 2021 to FY 2024), Operating Income shows an upward trend with a 5.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in operating income suggests that the core business is becoming more profitable and efficient.
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $259.70M | $295.00M | $462.80M | $169.50M | $248.50M | $254.30M | $418.20M | $226.30M | $273.60M | $253.20M | $447.60M | $204.30M | $235.00M | $252.00M | $492.80M | $253.70M | $328.20M | $716.40M | $427.50M |
| QoQ Change | — | +13.6% | +56.9% | -63.4% | +46.6% | +2.3% | +64.5% | -45.9% | +20.9% | -7.5% | +76.8% | -54.4% | +15.0% | +7.2% | +95.6% | -48.5% | +29.4% | +118.3% | -40.3% |
| YoY Change | — | — | — | — | -4.3% | -13.8% | -9.6% | +33.5% | +10.1% | -0.4% | +7.0% | -9.7% | -14.1% | -0.5% | +10.1% | +24.2% | +30.2% | +45.4% | +68.5% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Kate Spade | $23.90M | $27.00M | $68.00M | $0.00 | -$864.20M | $5.60M | $16.30M | -$20.70M |
| Coach | $388.80M | — | — | — | $447.70M | — | — | — |
| Total | $235.00M | $252.00M | $492.80M | $253.70M | — | $328.20M | $716.40M | $427.50M |