Revenue Growth
TPR's revenue increased by 14.0% year-over-year to $2.50 billion, driven by strong sales across key markets.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
TPR reported strong financial performance in Q2 FY2026 with significant increases in revenue, net income, and EPS, driven by improved operating efficiency and cost management.
Revenue
$2.5B
+13.98% YoY
EPS (Diluted)
$2.68
+94.20% YoY
Gross Margin
75.5%
+1.1 pts YoY
Operating Income
$716.4M
+45.37% YoY
Source: SEC XBRL
Tapestry (TPR) reported Q2 FY2026 revenue of $2.5B, up 14.0% year over year. Operating margin was 28.6%, up 6.2 points from 22.4% a year earlier. TPR's fiscal Q2 FY2026 corresponds to calendar Q4 2025.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 1.32 | 1.30 | Beat +1.8% |
| Mar 2026 | 1.66 | 1.32 | Beat +26.0% |
| Dec 2025This filing | 2.69 | 2.25 | Beat +19.8% |
| Sep 2025 | 1.38 | 1.28 | Beat +8.0% |
Reported EPS of $2.69 versus the $2.25 analyst consensus — a +19.8% beat for Dec 2025.
Compiled by AI from this SEC filing
TPR's revenue increased by 14.0% year-over-year to $2.50 billion, driven by strong sales across key markets.
Source: 10-Q Income Statement
Operating income rose by 45.4%, reflecting improved operational efficiency and cost control measures.
Source: 10-Q Income Statement
Operating cash flow nearly doubled, increasing by 90.8% year-to-date, indicating robust cash generation capabilities.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 1 high, 2 medium, 0 low
TPR's debt to equity ratio stands at 10.85, indicating a high level of leverage which could pose financial risks if interest rates rise.
Source: 10-Q Key Ratios
Stockholders' equity decreased by 58.8% year-over-year, which may impact investor confidence and financial flexibility.
Source: 10-Q Balance Sheet
Total assets decreased by 9.9%, which could affect the company's ability to leverage its asset base for future growth.
Source: 10-Q Balance Sheet
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 2.50 $B | 2.20 $B | +13.98% |
Cost of Revenue $M | 614.00 $M | 562.30 $M | +9.19% |
Gross Profit $B | 1.89 $B | 1.63 $B | +15.63% |
Operating Income $M | 716.40 $M | 492.80 $M | +45.37% |
Net Income $M | 561.30 $M | 310.40 $M | +80.83% |
EPS (Basic) $ | 2.75 $ | 1.41 $ | +95.04% |
EPS (Diluted) $ | 2.68 $ | 1.38 $ | +94.20% |
SG&A Expense $B | 1.17 $B | 1.14 $B | +2.78% |
Answers draw on this SEC filing and the data on this page
TPR reported strong financial performance in Q3 FY2026 with significant increases in revenue, net income, and EPS, driven by effective cost management and operational efficiency.
Tapestry's fiscal 2026 results were driven by Coach's strong direct-to-consumer growth and a completed Stuart Weitzman divestiture, but Kate Spade remained unprofitable on a GAAP basis despite improved comparisons.
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