Tapestry, Inc. (TPR)

Tapestry Income Statement

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

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

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q