cash flow reconciliationreview2025-06-28
Operating, investing and financing flows differ from the reported change in cash by 5600000, beyond tolerance 4468000.00.
Revenue
$1.88B
Fiscal year ended 2026-06-27Operating income
$442.30M
Fiscal year ended 2026-06-27Free cash flow
$469.00M
Fiscal year ended 2026-06-27TAPESTRY, INC. (TPR) reported revenue of $1.88B and net income of $347.80M for the fiscal year ended 2026-06-27. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from TAPESTRY, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Leather & Leather Products.
Income
| Metric | 2026-06-27 | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.92B | $2.50B | $1.70B | $1.72B | $1.58B | $2.20B | $1.51B | $1.59B | $1.48B |
| Cost of revenue | $313.00M | $444.10M | $614.00M | $404.10M | $408.10M | $378.80M | $562.30M | $372.60M | $399.90M | $375.00M |
| Gross profit | $1.56B | $1.48B | $1.89B | $1.30B | $1.32B | $1.21B | $1.63B | $1.13B | $1.19B | $1.11B |
| Operating income | $442.30M | $427.50M | $716.40M | $328.20M | -$583.50M | $253.70M | $492.80M | $252.00M | $235.00M | $204.30M |
| Net income | $347.80M | $343.80M | $561.30M | $274.80M | -$517.10M | $203.30M | $310.40M | $186.60M | $159.30M | $139.40M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | shares 208.30M | shares 209.80M | shares 215.50M | Unavailable | shares 213.90M | shares 224.90M | shares 235.90M | Unavailable | shares 234.20M |
| Pretax income | $428.80M | $416.00M | $697.10M | $318.70M | -$594.00M | $239.10M | $345.30M | $225.70M | $200.80M | $169.50M |
| Income tax expense | $81.00M | $72.20M | $135.80M | $43.90M | -$76.90M | $35.80M | $34.90M | $39.10M | $41.50M | $30.10M |
| Diluted EPS | Unavailable | $1.65 | $2.68 | $1.28 | Unavailable | $0.95 | $1.38 | $0.79 | Unavailable | $0.60 |
| Selling, general & administrative | $1.12B | $1.05B | $1.17B | $972.30M | $1.04B | $952.10M | $1.14B | $882.90M | $956.20M | $903.10M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-27 | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $974.70M | $1.05B | $1.05B | $719.50M | $1.10B | $1.04B | $983.40M | $6.46B | $6.14B | $6.98B |
| Total assets | $6.69B | $6.47B | $6.53B | $6.36B | $6.58B | $7.31B | $7.25B | $13.73B | $13.40B | $13.73B |
| Current assets | $2.88B | $2.72B | $2.79B | $2.62B | $2.91B | $2.86B | $2.77B | $9.15B | $8.80B | $9.00B |
| Total liabilities | $6.00B | $5.78B | $5.98B | $5.96B | $5.72B | $5.81B | $5.92B | $10.75B | $10.50B | $10.95B |
| Current liabilities | $1.64B | $1.48B | $1.72B | $1.72B | $1.56B | $1.63B | $1.75B | $1.85B | $1.71B | $1.37B |
| Total equity incl. NCI | $692.10M | $682.40M | $551.20M | $399.50M | $857.80M | $1.49B | $1.34B | $2.98B | $2.90B | $2.78B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $826.20M | $843.90M | $896.40M | $1.02B | $860.70M | $873.50M | $937.30M | $1.03B | $824.80M | $824.10M |
| Accounts receivable | $237.10M | $305.00M | $338.00M | $289.50M | $239.30M | $255.80M | $297.40M | $279.00M | $228.20M | $276.70M |
| Goodwill | $957.70M | $960.40M | $966.70M | $975.40M | $983.30M | $1.22B | $1.20B | $1.23B | $1.20B | $1.22B |
| Long-term debt | $2.40B | $2.40B | $2.40B | $2.40B | $2.40B | $2.40B | $2.40B | $7.07B | $7.00B | $7.74B |
| Accounts payable | $582.30M | $499.70M | $564.60M | $495.50M | $456.10M | $393.30M | $513.80M | $544.00M | $452.20M | $373.10M |
Cash flow
| Metric | 2026-06-27 | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $522.20M | $262.60M | $1.08B | $112.60M | $446.80M | $144.30M | $506.00M | $119.50M | $256.00M | $97.80M |
| Capital expenditures | $53.20M | $36.80M | $43.60M | $32.40M | $35.30M | $30.90M | $30.90M | $25.60M | $46.20M | $19.00M |
| Investing cash flow | -$207.90M | -$36.30M | -$43.40M | $69.30M | -$34.20M | -$31.20M | $789.30M | $190.10M | -$555.80M | $168.90M |
| Financing cash flow | -$375.60M | -$228.80M | -$705.70M | -$550.80M | -$366.80M | -$32.60M | -$6.70B | -$74.50M | -$519.20M | -$75.60M |
| Net change in cash | -$71.80M | -$6.80M | $333.80M | -$380.50M | $62.30M | $54.30M | -$5.48B | $320.90M | -$833.10M | $142.00M |
| Stock-based compensation | $25.50M | $27.60M | $29.00M | $22.40M | $22.20M | $24.20M | $21.80M | $19.10M | $20.10M | $23.60M |
| Common dividends paid | $80.50M | $81.00M | $81.30M | $83.30M | $72.80M | $72.70M | $72.40M | $81.40M | $80.50M | $80.50M |
| Common share repurchases | $302.70M | $150.20M | $403.50M | $698.20M | $53.40M | $52.30M | $1.61B | $0 | $0 | $0 |
| Depreciation & amortization | $45.20M | $41.50M | $41.00M | $37.20M | $44.20M | $41.40M | $40.90M | $40.90M | $48.20M | $40.00M |
Derived
| Metric | 2026-06-27 | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $469.00M | $225.80M | $1.04B | $80.20M | $411.50M | $113.40M | $475.10M | $93.90M | $209.80M | $78.80M |
| Gross margin | 83.3% | 76.9% | 75.5% | 76.3% | 76.3% | 76.1% | 74.4% | 75.3% | 74.9% | 74.7% |
| Operating margin | 23.6% | 22.3% | 28.6% | 19.3% | -33.9% | 16.0% | 22.4% | 16.7% | 14.8% | 13.8% |
| FCF margin | 25.0% | 11.8% | 41.5% | 4.7% | 23.9% | 7.2% | 21.6% | 6.2% | 13.2% | 5.3% |
| SBC / revenue | 1.4% | 1.4% | 1.2% | 1.3% | 1.3% | 1.5% | 1.0% | 1.3% | 1.3% | 1.6% |
| Current ratio | 1.75x | 1.84x | 1.63x | 1.52x | 1.87x | 1.76x | 1.58x | 4.93x | 5.14x | 6.59x |
| Revenue YoY growth | 8.9% | 21.2% | 14.0% | 13.1% | 8.3% | 6.9% | 5.3% | -0.4% | -1.8% | -1.8% |
| Net margin | 18.5% | 17.9% | Unavailable | Unavailable | -30.0% | 12.8% | Unavailable | Unavailable | 10.0% | 9.4% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.8% | 1.9% | 1.7% | 1.9% | 2.0% | 2.0% | 1.4% | 1.7% | 2.9% | 1.3% |
| Long-term debt / equity | 3.46x | 3.51x | Unavailable | Unavailable | 2.79x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 18.9% | 17.4% | 19.5% | 13.8% | Unavailable | 15.0% | 10.1% | 17.3% | 20.7% | 17.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TPR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-Q · Filed 2026-02-05View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-K · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2025-03-29
Operating, investing and financing flows differ from the reported change in cash by 29300000, beyond tolerance 1443000.00.