Tapestry Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.53B | $183.2M | $816.0M | $936.0M | $856.3M | $834.2M | $-652.1M | $643.4M |
| Depreciation & Amortization | $160.8M | $162.9M | $174.0M | $182.2M | $195.3M | $220.5M | $829.2M | $270.4M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.1M | $5.2M | $6.5M | $6.5M | $6.6M | — | — | — |
| Stock-Based Compensation | $104.5M | $87.3M | $85.9M | $78.8M | $72.2M | $64.1M | $53.1M | $84.8M |
| Net Cash from Operating Activities | $1.98B | $1.22B | $1.26B | $975.2M | $853.2M | $1.32B | $407.0M | $792.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $166.0M | $122.7M | $108.9M | $184.2M | $93.9M | $116.0M | $205.4M | $274.2M |
| Business Acquisitions | — | — | — | — | — | $0 | $0 | $43.5M |
| Net Cash from Investing Activities | $-218.3M | $914.0M | $-1.04B | $5.7M | $-253.6M | $-91.0M | $44.3M | $-574.2M |
| Financing Activities | ||||||||
| Dividends Paid | $326.1M | $299.3M | $321.4M | $283.3M | $264.4M | $0 | $380.3M | $390.7M |
| Stock Repurchases | $1.55B | $1.72B | $0 | $703.5M | $1.60B | $0 | $300.0M | $100.0M |
| Net Cash from Financing Activities | $-1.86B | $-7.18B | $5.21B | $-1.04B | $-1.78B | $-666.0M | $5.9M | $-485.6M |
| Net Change in Cash | $-125.3M | $-5.04B | $5.42B | $-63.7M | $-1.22B | $581.4M | $457.1M | $-274.2M |
| Free Cash Flow | $1.81B | $1.09B | $1.15B | $791.0M | $759.3M | $1.21B | $201.6M | $518.2M |