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Tapestry (TPR) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Aug 14, 2025

Tapestry (TPR) reported revenue of $1.7B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +9% from the quarter before. Operating margin was -33.9%, net loss $517M (30.0% of revenue).

Revenue$1.7B
Year over year+8%
Quarter over quarter+9%
Operating margin-33.9%
Net earnings−$517M

Tapestry, Q4 FY25: revenue $1.7B (+8% year over year), operating margin -33.9%, net loss $517M, operating cash flow $447M. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$1.7B+9%+8%
Operating profit−$584M-330%—
Net earnings−$517M-354%—
Operating cash flow$447M+210%+75%
Free cash flow$412M+263%+96%

What changed

Revenue was $1.7B in Q4 FY25, up 8% year over year and up 9% from the previous quarter.

Gross margin was 76.3%, up 1.5 points from a year earlier. Operating costs exceeded revenue by $0.58B, an operating margin of -33.9%. Operating expenses grew 99% against revenue growth of 8%. The quarter ended with a net loss of $0.52B, after a profit of $0.20B the previous quarter.

Operating cash flow was $0.45B (up 75% year over year). Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.90B. Capital expenditures of $0.04B left free cash flow of $0.41B.

Questions

What was Tapestry's revenue in the fourth quarter fiscal 2025?

Tapestry (TPR) reported revenue of $1.7B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +9% from the quarter before.

Was Tapestry profitable in the fourth quarter fiscal 2025?

Operating loss was $584M (-33.9% of revenue) and net loss $517M.

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Source: Tapestry 10-K on SEC EDGAR.