Filing Flows › Capri Holdings (CPRI) › Q4 FY26
Capri Holdings (CPRI) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 27, 2026
Capri Holdings (CPRI) reported revenue of $796M for the fourth quarter fiscal 2026 (Q4 FY26), -4% from a year earlier and -22% from the quarter before. Operating margin was -3.4%, net loss $3.0M (0.4% of revenue).
Capri Holdings, Q4 FY26: revenue $796M (-4% year over year), operating margin -3.4%, net loss $3.0M, operating cash flow −$65.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $796M | -22% | -4% |
| Operating profit | −$27.0M | -159% | — |
| Net earnings | −$3.0M | -103% | — |
| Operating cash flow | −$65.0M | -132% | — |
What changed
Revenue was $796.0M in Q4 FY26, down 4% year over year and down 22% from the previous quarter. Michael Kors was the largest line at 82% of revenue.
Gross margin was 64.8%, up 5.0 points from Q4 FY25. Operating costs exceeded revenue by $27.0M, an operating margin of -3.4%. Operating expenses fell 2% while revenue fell 4%. The quarter ended with a net loss of $3.0M, after a profit of $116.0M the previous quarter. Non-operating items added $33.0M, 550% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$65.0M. Non-cash charges added back $31.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $99.0M. Capital expenditures of $18.0M exceeded it, leaving free cash flow of −$83.0M.
Questions
What was Capri Holdings' revenue in the fourth quarter fiscal 2026?
Capri Holdings (CPRI) reported revenue of $796M for the fourth quarter fiscal 2026 (Q4 FY26), -4% from a year earlier and -22% from the quarter before.
Was Capri Holdings profitable in the fourth quarter fiscal 2026?
Operating loss was $27.0M (-3.4% of revenue) and net loss $3.0M.
Source: Capri Holdings 10-K on SEC EDGAR.