Screener / SEC EDGAR /CIK 0001116132 /10-K filed Aug 13, 2026, compared with Aug 14, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
NYSE Consumer discretionary · Leather Goods

Tapestry, Inc. TPR

Tapestry, Inc. (the "Company") is a global house of iconic accessories and lifestyle brands uniting the magic of Coach and kate spade new york. 10-K, Item 1

Employees
20,600
Headquarters
New York, NY
CEO
Joanne C. Crevoiserat
Next results
around Feb 4, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $8.0B through the costs to a net profit of $1.5B · income statement of the 10-K

24% operating margin
Revenue to Gross profit: $6.2BRevenue to Cost of revenue: $1.8BGross profit to Operating profit: $1.9BGross profit to Operating expenses: $4.3BOperating profit to Net profit: $1.5BOperating profit to Tax & other: $386.7M Revenue: $8.0B REVENUE $8.0B +14% Y/Y Gross profit: $6.2B · 78% margin GROSS PROFIT $6.2B 78% margin · +18% Y/Y Cost of revenue: $1.8B · 22% of revenue COST OF REVENUE $1.8B 22% of revenue Operating profit: $1.9B · 24% margin OPERATING PROFIT $1.9B 24% margin · +361% Y/Y Operating expenses: $4.3B · 54% of revenue OPERATING EXPENSES $4.3B 54% of revenue Net profit: $1.5B · 19% margin NET PROFIT $1.5B 19% margin · +734% Y/Y Tax & other: $386.7M · 5% of revenue TAX & OTHER $386.7M 5% of revenue
Gross profit $6.2B 78% margin · +18% Y/Y
Operating profit $1.9B 24% margin · +361% Y/Y
Net profit $1.5B 19% margin · +734% Y/Y
The full income statement, year by year

TPR among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: 14.2%, above 89% of 46 peers (their median 5.2%) REVENUE GROWTH 14.2% · above 89% Gross margin: 78.3%, above 97% of 30 peers (their median 40.7%) GROSS MARGIN 78.3% · above 97% Operating margin: 24.5%, above 87% of 39 peers (their median 15.8%) OPERATING MARGIN 24.5% · above 87% Net margin: 19.7%, above 87% of 46 peers (their median 10.8%) NET MARGIN 19.7% · above 87% FCF margin: 23.0%, above 93% of 44 peers (their median 9.2%) FCF MARGIN 23.0% · above 93% Return on capital: 68.2%, above 100% of 24 peers (their median 22.1%) RETURN ON CAPITAL 68.2% · above 100%
TPR Peer median Below the median

What changed

12 new risk paragraphs. 10-K filed Aug 13, 2026 against Aug 14, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables -0.9% vs revenue +14.2% (-15.1 pts)
  • Cash from operations $2.0B vs net income $1.5B (FY ending Jun 27, 2026)
  • Inventory -4.0% vs revenue +14.2% (-18.2 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Goodwill and indefinite-lived brand intangible - Kate Spade
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

12 paragraphs in Risk Factors that were not in the 10-K filed Aug 14, 2025. Quoted as filed.

All 12 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Aug 14, 2025 10-K, ITEM 1A
    On February 20, 2026, the U.S. Supreme Court ruled that tariffs collected under the International Emergency Economic Powers Act ("IEEPA") were invalid. The U.S. Court of International Trade subsequently ordered refunds for qualifying customs entries. CBP has established a phased administrative process for submitting refund claims for…
  2. Item 1A · new paragraph · not in the 10-K filed Aug 14, 2025 10-K, ITEM 1A
    We are also engaging in initiatives to harmonize the customer experience between our retail and outlet channels, by bringing select full price products into the outlet channel and enabling a single-cart checkout process for retail and outlet on our Coach brand e-commerce site. If we are unable to effectively execute our multi-channel…
  3. Item 1A · new paragraph · not in the 10-K filed Aug 14, 2025 10-K, ITEM 1A
    The successful implementation of the Company’s 2028 growth strategy, Amplify, is key to the long-term success of our business. The Company introduced its 2028 growth strategy, Amplify, in the first quarter of fiscal 2026, which focuses on four key pillars: (i) Building Emotional Connections with Consumers; (ii) Fueling Fashion…
  4. Item 1A · new paragraph · not in the 10-K filed Aug 14, 2025 10-K, ITEM 1A
    The development, use, or misuse of AI technologies, and the failure to effectively adopt such technologies, may not be successful and could negatively impact our business. We are increasingly integrating AI technologies, including generative AI and machine learning, across various aspects of our business, which presents evolving risks…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$6.7B$6.7B$7.0B$8.0B
Net income$936.0M$816.0M$183.2M$1.5B
Operating cash flow$975.2M$1.3B$1.2B$2.0B
Free cash flow$791.0M$1.1B$1.1B$1.8B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$8.0B ▲ 14.2% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Tapestry, Inc., New York, NY · from the 10-K filed Aug 13, 2026

Tapestry, Inc. (the "Company") is a global house of iconic accessories and lifestyle brands uniting the magic of Coach and kate spade new york. Together, we stretch what’s possible - advancing brands further than they could go alone, expanding their reach to new geographies and generations. Inspired by our consumers, we create experiences and products that build lasting brand love and elevate everyday life. • Coach - Coach is a global fashion house of accessories and lifestyle collections, founded in New York City in 1941.

Headquarters
New York, NY
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
June 27
Last results
Nov 5, 2026
Incorporated in
MD

Employees, at the top of the page: "As of June 27, 2026, the Company employed approximately 20,600 employees globally" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Aug 13, 2026 (open at SEC), compared with the 10-K filed Aug 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/TPR/export.csv") into a cell.