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Tapestry, Inc. TPR Prepaid & Other Current

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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$32.8B+46.3%
Enterprise value$35.7B+41.4%
P/E23.7×+6.4×
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:PrepaidExpenseCurrent.

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 28,2026June 28,2025
Trade accounts receivable, less allowances for credit losses of $6.2 and $5.7, respectively305.0239.3
Inventories843.9860.7
Income tax receivable260.9277.3
Prepaid expenses135.2133.8
Other current assets103.798.5
Assets held for sale176.4
Total current assets2,717.32,905.6
Property and equipment, net of accumulated depreciation of $1,285.4 and $1,215.0, respectively492.7489.5

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

FAQ

What is Tapestry, Inc.'s prepaid & other current?
Tapestry, Inc. (TPR) reported prepaid & other current of $135.2M in Q1 2026.
How has Tapestry, Inc.'s prepaid & other current changed year-over-year?
Tapestry, Inc.'s prepaid & other current increased by 1.7% year-over-year, from $132.9M to $135.2M.
What is the long-term trend for Tapestry, Inc.'s prepaid & other current?
Over 4 years (2021 to 2025), Tapestry, Inc.'s prepaid & other current has grown at a 9.3% compound annual growth rate (CAGR), from $93.8M to $133.8M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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