Filing Flows › Materials › Capri Holdings (CPRI)

Capri Holdings (CPRI) earnings and revenue breakdown

Latest: Q2 FY27 · 10-Q filed Oct 30, 2026 · Capri Holdings (CPRI) Q2 FY27 earnings results →

Q2 FY27 Revenue down 6% year over year to $809M · 3¢ of every $1 of revenue kept as net profit · operating margin 1.2%

Capri Holdings made $809M in Q2 FY27 (-6% Y/Y): Michael Kors $663M, Jimmy Choo $146M. Operating margin 1.2%, net earnings $27.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.

Revenue$809M

Year over year-6%

Operating margin1.2%

Net earnings$27.0M

Operating cash flow$51.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $809.0M in Q2 FY27, down 5% year over year and up 5% from the previous quarter. Michael Kors was the largest line at 82% of revenue. Michael Kors lost $62.0M year over year (down 9%), 132% of the total change.

Gross margin was 63.3%, up 2.3 points from Q2 FY26. Operating profit was $10.0M, a 1.2% margin (up 2.6 points year over year). Operating expenses fell 6% while revenue fell 5%. Net earnings were $27.0M. The effective tax rate was 38.6%. Non-operating items added $34.0M, 77% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $51.0M, 189% of net earnings. Non-cash charges added back $30.0M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items used $13.0M. Capital expenditures of $15.0M left free cash flow of $36.0M.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q2 FY27	10-Q	Oct 30, 2026	$809M	-6%	1.2%	$27.0M	$51.0M
Q1 FY27	10-Q	Aug 5, 2026	$769M	-4%	2.2%	$69.0M	$73.0M
Q4 FY26	10-K	May 27, 2026	$796M	-4%	-3.4%	−$3.0M	−$65.0M
Q3 FY26	10-Q	Feb 3, 2026	$1.0B	-4%	4.5%	$116M	$202M
Q2 FY26	10-Q	Nov 4, 2025	$856M	-2%	-1.4%	−$28.0M	−$52.0M
Q1 FY26	10-Q	Aug 7, 2025	$797M	-6%	2.0%	$53.0M	−$8.0M
Q4 FY25	10-K	May 28, 2025	$1.0B	-15%	-11.2%	−$644M	−$161M

Charts

Latest (Q2 FY27): Y/Y -6%, Q/Q +5%.

From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.

Latest (Q2 FY27): Net income $27.0M, Operating cash flow $51.0M.

-20.3% since FY21: buybacks shrank the count.

Leather & Leather Products; dot size is quarterly revenue; dashed lines are the industry's medians.