Tapestry Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.00B | $7.01B | $6.67B | $6.66B | $6.69B | $5.75B | $4.96B | $6.03B |
| Coach | — | — | $5.10B | $4.96B | $4.92B | $4.25B | $3.53B | $4.27B |
| Kate Spade | — | — | $1.28B | $1.41B | $1.45B | $1.21B | $1.11B | $1.37B |
| Stuart Weitzman | — | — | $286.7M | $291.8M | $317.9M | $280.3M | $318.1M | $387.2M |
| Cost of Revenue | $1.78B | $1.72B | $1.78B | $1.95B | $2.03B | $1.66B | $1.72B | $1.97B |
| Gross Profit | $6.23B | $5.29B | $4.89B | $4.71B | $4.65B | $4.08B | $3.24B | $4.05B |
| Gross Margin | 77.8% | 75.4% | 73.3% | 70.8% | 69.6% | 71.0% | 65.3% | 67.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $4.31B | $4.02B | $3.75B | $3.54B | $3.47B | $3.11B | — | $3.23B |
| Operating Income | $1.91B | $415.0M | $1.14B | $1.17B | $1.18B | $968.0M | $-550.8M | $819.7M |
| Operating Margin | 23.9% | 5.9% | 17.1% | 17.6% | 17.6% | 16.8% | -11.1% | 13.6% |
| Interest Expense | $119.3M | $271.2M | $369.6M | $72.8M | $68.8M | $73.5M | $71.5M | $66.9M |
| Pretax Income | $1.86B | $216.1M | $1.01B | $1.14B | $1.05B | $897.3M | $-624.2M | $766.2M |
| Income Tax Expense | $332.9M | $32.9M | $195.9M | $207.1M | $190.7M | $63.1M | $27.9M | $122.8M |
| Net Income | $1.53B | $183.2M | $816.0M | $936.0M | $856.3M | $834.2M | $-652.1M | $643.4M |
| Net Margin | 19.1% | 2.6% | 12.2% | 14.1% | 12.8% | 14.5% | -13.1% | 10.7% |
| EPS (Basic) | $7.49 | $0.84 | $3.56 | $3.96 | $3.24 | $3.00 | $-2.34 | $2.22 |
| EPS (Diluted) | $7.27 | $0.82 | $3.50 | $3.88 | $3.17 | $2.95 | $-2.34 | $2.21 |
| Shares Outstanding (Basic) | 204.0M | 216.8M | 229.2M | 236.4M | 264.3M | 277.9M | 278.6M | 289.4M |
| Shares Outstanding (Diluted) | 210.2M | 222.5M | 233.2M | 241.3M | 270.1M | 283.0M | 278.6M | 290.8M |
| Dividends Per Share | $1.60 | $1.40 | $1.40 | $1.20 | $1.00 | $0.00 | $1.01 | $1.35 |