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Tapestry (TPR) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Aug 13, 2026

Tapestry (TPR) reported revenue of $1.9B for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and -2% from the quarter before. Operating margin was 23.6%, net earnings $348M (18.5% of revenue).

Revenue$1.9B
Year over year+9%
Quarter over quarter-2%
Operating margin23.6%
Net earnings$348M

Tapestry, Q4 FY26: revenue $1.9B (+9% year over year), operating margin 23.6%, net earnings $348M, operating cash flow $522M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$1.9B-2%+9%
Gross profit$1.6B+6%+19%
Operating profit$442M+3%—
Net earnings$348M+1%—
Operating cash flow$522M+99%+17%
Free cash flow$469M+108%+14%

What changed

Revenue was $1.9B in Q4 FY26, up 9% year over year and down 2% from the previous quarter. Coach was the largest line at 87% of revenue.

Gross margin was 83.3%, up 7.0 points from Q4 FY25. Operating profit was $0.44B, a 23.6% margin (up 57.4 points year over year). Operating expenses fell 41% while revenue rose 9%. Net earnings were $0.35B. The effective tax rate was 18.9%.

Operating cash flow was $0.52B (up 17% year over year), 150% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.10B. Capital expenditures of $0.05B left free cash flow of $0.47B.

Questions

What was Tapestry's revenue in the fourth quarter fiscal 2026?

Tapestry (TPR) reported revenue of $1.9B for the fourth quarter fiscal 2026 (Q4 FY26), +9% from a year earlier and -2% from the quarter before.

Was Tapestry profitable in the fourth quarter fiscal 2026?

Operating profit was $442M (23.6% of revenue) and net earnings $348M.

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Source: Tapestry 10-K on SEC EDGAR.