Tapestry Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.92B | $2.50B | $1.70B | $1.72B | $1.58B | $2.20B | $1.51B |
| Cost of Revenue | $313.0M | $444.1M | $614.0M | $404.1M | $408.1M | $378.8M | $562.3M | $372.6M |
| Gross Profit | $1.56B | $1.48B | $1.89B | $1.30B | $1.32B | $1.21B | $1.63B | $1.13B |
| Gross Margin | 83.3% | 76.9% | 75.5% | 76.3% | 76.3% | 76.1% | 74.4% | 75.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.12B | $1.05B | $1.17B | $972.3M | $1.04B | $952.1M | $1.14B | $882.9M |
| Operating Income | $442.3M | $427.5M | $716.4M | $328.2M | $-583.5M | $253.7M | $492.8M | $252.0M |
| Operating Margin | 23.6% | 22.3% | 28.6% | 19.3% | -33.9% | 16.0% | 22.4% | 16.7% |
| Interest Expense | $29.0M | $29.3M | $30.9M | $30.1M | $29.4M | $32.8M | $85.8M | $123.2M |
| Pretax Income | $428.8M | $416.0M | $697.1M | $318.7M | $-594.0M | $239.1M | $345.3M | $225.7M |
| Income Tax Expense | $81.0M | $72.2M | $135.8M | $43.9M | $-76.9M | $35.8M | $34.9M | $39.1M |
| Net Income | $347.8M | $343.8M | $561.3M | $274.8M | $-517.1M | $203.3M | $310.4M | $186.6M |
| Net Margin | 18.5% | 17.9% | 22.4% | 16.1% | -30.0% | 12.8% | 14.1% | 12.4% |
| EPS (Basic) | $1.72 | $1.70 | $2.75 | $1.32 | $-2.36 | $0.98 | $1.41 | $0.81 |
| EPS (Diluted) | $1.66 | $1.65 | $2.68 | $1.28 | $-2.30 | $0.95 | $1.38 | $0.79 |
| Shares Outstanding (Basic) | 204.0M | 202.5M | 204.1M | 207.6M | 216.8M | 207.3M | 219.9M | 231.5M |
| Shares Outstanding (Diluted) | 210.2M | 208.3M | 209.8M | 215.5M | 222.5M | 213.9M | 224.9M | 235.9M |
| Dividends Per Share | $0.40 | $0.40 | $0.40 | $0.40 | $0.35 | $0.35 | $0.35 | $0.35 |