Filing Flows › Tapestry (TPR) › Q4 FY26 › vs Q4 FY25
Tapestry (TPR) Q4 FY26 vs Q4 FY25 (year over year)
Tapestry's revenue rose $153M (+9%) from $1.7B in Q4 FY25 to $1.9B in Q4 FY26. Gross margin 83.3% against 76.3% (+7.0 pts).
Tapestry, Q4 FY26: revenue $1.9B (+9% year over year), operating margin 23.6%, net earnings $348M, operating cash flow $522M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 83.3% | 76.3% | +7.0 pts |
| Operating margin | 23.6% | -33.9% | +57.4 pts |
| Net margin | 18.5% | -30.0% | +48.5 pts |
| Free cash flow margin | 25.0% | 23.9% | +1.1 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.9B | $1.7B | $153M | +9% |
| Gross profit | $1.6B | $1.3B | $248M | +19% |
| Cost of revenue | $313M | $408M | −$95.1M | -23% |
| Operating profit | $442M | −$584M | $1.0B | — |
| Operating expenses | $1.1B | $1.9B | −$777M | -41% |
| Pre-tax earnings | $429M | −$594M | $1.0B | — |
| Other expense, net | $13.5M | $10.5M | $3.0M | +29% |
| Net earnings | $348M | −$517M | $865M | — |
| Income tax | $81.0M | −$76.9M | $158M | — |
| Depreciation & amortization | $45.2M | $43.1M | $2.1M | +5% |
| Share-based compensation | $25.5M | $22.2M | $3.3M | +15% |
| Working capital & other | $104M | $899M | −$795M | -88% |
| Operating cash flow | $522M | $447M | $75.4M | +17% |
| Free cash flow (OCF − capex) | $469M | $412M | $57.5M | +14% |
| Capital expenditures | $53.2M | $35.3M | $17.9M | +51% |
Questions
How much did Tapestry's revenue grow year over year in Q4 FY26?
Tapestry's revenue rose $153M (+9%) from $1.7B in Q4 FY25 to $1.9B in Q4 FY26. Gross margin 83.3% against 76.3% (+7.0 pts).