How does Tapestry (TPR) make money?

Tapestry (TPR) generates revenue primarily from Coach Segment, which accounted for 85.3% of total revenue in TTM through Q1 2026. The company reported $7.85B in revenue and converted 8.4% of it into net profit, equivalent to roughly $663M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Tapestry (TPR)?

Tapestry (TPR) reported a gross profit margin of 76.2% in TTM through Q1 2026, equivalent to $5.98B in gross profit on $7.85B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Tapestry (TPR)?

Tapestry (TPR) reported an operating profit margin of 11.3% in TTM through Q1 2026, equivalent to $889M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Tapestry (TPR)?

Tapestry (TPR) reported a net profit margin of 8.4% in TTM through Q1 2026, equivalent to $663M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Tapestry (TPR) profitable?

Yes. Tapestry (TPR) reported $663M in net income for TTM through Q1 2026, with a net profit margin of 8.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Tapestry (TPR) spend on capital expenditures?

Tapestry (TPR) spent $148M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.9% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Tapestry (TPR) generate?

Tapestry (TPR) generated $1.76B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 22.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Tapestry (TPR)?

Tapestry (TPR) had an effective tax rate of 20.9% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Tapestry (TPR)?

Tapestry (TPR) reports revenue across 3 reportable product segments, led by Coach Segment at 85.3% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Tapestry (TPR) generate most of its revenue?

North America is the largest geographic market for Tapestry (TPR), accounting for 58.4% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Tapestry Makes Money: 2026 Visual Revenue Map

Tapestry (TPR) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 28, 2026 (reported May 7, 2026).

Tapestry (TPR) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Tapestry (TPR), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Coach Segment	$6.7B	85.3%
Kate Spade & Company	$1.09B	13.9%
Stuart Weitzman	$60.1M	0.8%
Total	$7.85B	100%

Coach Segment$6.7B
Kate Spade & Company$1.09B
Stuart Weitzman$60.1M
Total$7.85B

Tapestry (TPR) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Tapestry (TPR), TTM through Q1 2026
Region	Revenue (USD)	% of total
North America	$4.69B	58.4%
Non-US	$1.32B	16.5%
Greater China	$1.32B	16.5%
Other Asia	$693M	8.6%
Total	$8.03B	100%

North America
Non-US
Greater China
Other Asia
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Tapestry (TPR) reports revenue across 3 reportable product segments; the largest segment was Coach Segment at 85.3%, followed by Kate Spade & Company (13.9%) and Stuart Weitzman (0.8%). Geographically, North America accounted for 58.4% of revenue, followed by Non-US (16.5%) and Greater China (16.5%).

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