Tapestry, Inc. (TPR)

Tapestry Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 27, 2025	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Revenue	7,208	7,011	6,671	6,661	6,685	5,746
Revenue Growth (YoY)	8.14%	5.09%	0.15%	-0.35%	16.33%	15.82%
Cost of Revenue	1,753	1,722	1,782	1,946	2,034	1,664
Gross Profit	5,455	5,289	4,890	4,715	4,650	4,082
Selling, General & Admin	3,970	3,881	3,633	3,543	3,475	3,024
Operating Expenses	3,970	3,881	3,633	3,543	3,475	3,024
Operating Income	1,485	1,408	1,256	1,172	1,176	1,058
Interest Expense	-178.2	-271.3	-369.8	-72.8	-68.8	-73.5
Interest & Investment Income	74.2	185.9	244.8	45.2	10.1	2.1
Other Non Operating Income (Expenses)	5.5	6.6	-3.2	-1.7	-16.4	0.7
EBT Excluding Unusual Items	1,385	1,330	1,128	1,143	1,101	986.9
Merger & Restructuring Charges	20.2	-17.2	-109.9	-	-	-89.6
Impairment of Goodwill	-244.1	-244.1	-	-	-	-
Asset Writedown	-619.5	-619.5	-6.3	-	-	-
Other Unusual Items	-232.6	-232.6	-	-	-53.7	-
Pretax Income	309.1	216.1	1,012	1,143	1,047	897.3
Income Tax Expense	37.7	32.9	195.9	207.1	190.7	63.1
Net Income	271.4	183.2	816	936	856.3	834.2
Net Income to Common	271.4	183.2	816	936	856.3	834.2
Net Income Growth	-66.39%	-77.55%	-12.82%	9.31%	2.65%	-
Shares Outstanding (Basic)	211	217	229	236	264	278
Shares Outstanding (Diluted)	217	223	233	241	270	283
Shares Change (YoY)	-7.11%	-4.59%	-3.36%	-10.66%	-4.56%	1.58%
EPS (Basic)	1.29	0.85	3.56	3.96	3.24	3.00
EPS (Diluted)	1.25	0.82	3.50	3.88	3.17	2.95
EPS Growth	-63.73%	-76.57%	-9.79%	22.40%	7.46%	-
Free Cash Flow	1,080	1,094	1,147	791	759.3	1,208
Free Cash Flow Per Share	4.97	4.92	4.92	3.28	2.81	4.27
Dividend Per Share	1.450	1.400	1.400	1.200	1.000	-
Dividend Growth	3.57%	-	16.67%	20.00%	-	-
Gross Margin	75.67%	75.44%	73.29%	70.78%	69.57%	71.03%
Operating Margin	20.60%	20.09%	18.83%	17.60%	17.59%	18.40%
Profit Margin	3.77%	2.61%	12.23%	14.05%	12.81%	14.52%
Free Cash Flow Margin	14.99%	15.60%	17.19%	11.88%	11.36%	21.02%
EBITDA	1,644	1,571	1,430	1,355	1,371	1,276
EBITDA Margin	22.80%	22.41%	21.44%	20.34%	20.51%	22.21%
D&A For EBITDA	159.2	162.9	174	182.2	195.3	218.7
EBIT	1,485	1,408	1,256	1,172	1,176	1,058
EBIT Margin	20.60%	20.09%	18.83%	17.60%	17.59%	18.40%
Effective Tax Rate	12.20%	15.22%	19.36%	18.12%	18.21%	7.03%
Advertising Expenses	-	744.5	616.8	570.7	551.6	395.2

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q