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Tapestry, Inc. TPR Kate Spade — Goodwill

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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$29.5B+66.7%
Enterprise value$32.39B+57.9%
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

Reported directly by Tapestry, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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 kate spade — goodwill?
Tapestry, Inc. (TPR) reported kate spade — goodwill of $382.7M in Q1 2026.
How has Tapestry, Inc.'s kate spade — goodwill changed year-over-year?
Tapestry, Inc.'s kate spade — goodwill decreased by 39.0% year-over-year, from $627.4M to $382.7M.
What is the long-term trend for Tapestry, Inc.'s kate spade — goodwill?
Over 3 years (2022 to 2025), Tapestry, Inc.'s kate spade — goodwill has grown at a -3.8% compound annual growth rate (CAGR), from $2.55B to $2.27B.
What does kate spade — goodwill mean?
The excess of the purchase price paid for the Kate Spade business over the fair value of its identifiable net assets. It represents intangible benefits such as brand equity, customer loyalty, and intellectual property.