Tapestry

TPR · Consumer Discretionary · Market cap $30.6B

Q3 FY26 Mar 28, 2026 reported May 7, 2026

Revenue$1.9B +21% year over year

Gross profit$1.5B

Operating profit$0.4B

Net profit$0.3B 18% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Mar 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.9	100%	+21%
Coach	1.7	89%	+32%
Kate Spade Company	0.2	11%	−10%
Cost of revenue	−0.4	21%
Gross profit	1.5	77% margin	+1pp
SG&A	−1	55%	−5pp
Operating profit	0.4	22% margin	+6pp
Tax	−0.1
Net profit	0.3	18%	+5pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.5	100%	+14%
Coach	2.1	84%	+25%
Kate Spade Company	0.4	16%	−14%
Cost of revenue	−0.6	24%
Gross profit	1.9	75% margin	+1pp
SG&A	−1.2	47%	−5pp
Operating profit	0.7	29% margin	+6pp
Tax	−0.1
Net profit	0.6	22%	+8pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.7	100%	+13%
Coach	1.4	82%	+22%
Kate Spade Company	0.3	18%	−8%
Cost of revenue	−0.4	24%
Gross profit	1.3	76% margin	+1pp
SG&A	−1	57%	−2pp
Operating profit	0.3	19% margin	+3pp
Net profit	0.3	16%	+4pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Mar 29, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.6	100%	+7%
Coach	1.3	81%	+13%
Kate Spade Company	0.2	12%	−13%
Cost of revenue	−0.4	25%
Gross profit	1.2	76% margin	+1pp
SG&A	−1	60%	−1pp
Operating profit	0.3	16% margin	+2pp
Net profit	0.2	13%	+3pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Mar 28, 2026	May 7, 2026	$1.9B	+21%	21%	$0.3B	18%
Q2 FY26	Sep 28 – Dec 27, 2025	Feb 5, 2026	$2.5B	+14%	28%	$0.6B	22%
Q1 FY26	Jun 29 – Sep 27, 2025	Nov 6, 2025	$1.7B	+13%	18%	$0.3B	16%
Q3 FY25	Dec 29, 2024 – Mar 29, 2025	May 8, 2025	$1.6B	+7%	19%	$0.2B	13%