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Tapestry (TPR) operating margin by quarter

Tapestry's operating margin was 22.4% in Q1 FY27 (first quarter fiscal 2027), -1.2 pts from Q4 FY26. Over the last 6 quarters it ranged from 16.0% (Q3 FY25) to 28.6% (Q2 FY26).

Tapestry operating margin by quarterTapestry operating margin by quarter16.0%Q3 FY2519.2%Q1 FY2628.6%Q2 FY2622.3%Q3 FY2623.6%Q4 FY2622.4%Q1 FY27
QuarterOperating marginQ/QY/Y
Q1 FY2722.4%-1.2 pts+3.1 pts
Q4 FY2623.6%+1.3 pts—
Q3 FY2622.3%-6.4 pts+6.2 pts
Q2 FY2628.6%+9.4 pts—
Q1 FY2619.2%+3.2 pts—
Q3 FY2516.0%——

Q1 FY27 at a glance

Tapestry, Q1 FY27: revenue $1.9B (+11% year over year), operating margin 22.4%, net earnings $360M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.

Questions

What is Tapestry's operating margin?

Tapestry's operating margin was 22.4% in Q1 FY27 (first quarter fiscal 2027), -1.2 pts from Q4 FY26.

How has Tapestry's operating margin changed?

Over the last 6 quarters it ranged from 16.0% (Q3 FY25) to 28.6% (Q2 FY26).

Q1 FY27 results → · How Tapestry makes money →