financial statements

The full income statement, balance sheet, and cash-flow statement for Tapestry Inc. (TPR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live TPR chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2024	FY2023	FY2022
Income Statement	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
Revenue	7.01B YoY+5.1%	6.67B YoY+0.2%	6.66B YoY-0.4%	6.68B YoY+16.3%	5.75B YoY+15.8%
	5.29B YoY+8.2%	4.89B YoY+3.7%	4.71B YoY+1.4%	4.65B YoY+13.9%	4.08B YoY+26.0%
Cost of revenue	1.72B YoY-3.4%	1.78B YoY-8.4%	1.95B YoY-4.3%	2.03B YoY+22.2%	1.66B YoY-3.4%
Selling, general & administrative	4.02B YoY+7.2%	3.75B YoY+5.8%	3.54B YoY+2.0%	3.47B YoY+11.6%	3.11B
Restructuring	—	0.00	0.00 YoY-100.0%	14.8M	—
Amortization of intangibles	5.20M YoY-20.0%	6.50M YoY+0.0%	6.50M YoY-1.5%	6.60M	—
Provision for credit losses	3.60M YoY-16.3%	4.30M YoY-24.6%	5.70M YoY-71.4%	19.9M	—
Operating income	415M YoY-63.6%	1.14B YoY-2.8%	1.17B YoY-0.3%	1.18B YoY+21.5%	968M YoY+275.7%
Net interest income	-85.4M YoY+31.7%	-125M YoY-352.9%	-27.6M YoY+53.0%	-58.7M YoY+17.8%	-71.4M YoY-18.8%
Other non-operating income	6.60M YoY+306.3%	-3.20M YoY-88.2%	-1.70M YoY+89.6%	-16.4M YoY-2442.9%	700K YoY+105.3%
Pre-tax income	216M YoY-78.6%	1.01B YoY-11.5%	1.14B YoY+9.2%	1.05B YoY+16.7%	897M YoY+243.8%
Income tax	32.9M YoY-83.2%	196M YoY-5.4%	207M YoY+8.6%	191M YoY+202.2%	63.1M YoY+126.2%
Net income	183M YoY-77.5%	816M YoY-12.8%	936M YoY+9.3%	856M YoY+2.6%	834M YoY+227.9%
	$0.82 YoY-76.6%	$3.50 YoY-9.8%	$3.88 YoY+22.4%	$3.17 YoY+7.5%	$2.95 YoY+226.1%
EPS (basic)	$0.84 YoY-76.4%	$3.56 YoY-10.1%	$3.96 YoY+22.2%	$3.24 YoY+8.0%	$3.00 YoY+228.2%
Weighted-avg shares (basic)	217M YoY-5.4%	229M YoY-3.0%	236M YoY-10.6%	264M YoY-4.9%	278M YoY-0.3%
Weighted-avg shares (diluted)	223M YoY-4.6%	233M YoY-3.4%	241M YoY-10.7%	270M YoY-4.6%	283M YoY+1.6%
Dividends per share	$1.40 YoY+0.0%	$1.40 YoY+16.7%	$1.20 YoY+20.0%	$1.00	$0.00 YoY-100.0%
Balance Sheet	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
	2.91B YoY-67.0%	8.80B YoY+272.5%	2.36B YoY-8.2%	2.57B YoY-23.7%	3.38B YoY+32.2%
Cash & equivalents	1.10B YoY-82.1%	6.14B YoY+745.9%	726M YoY-8.1%	790M YoY-60.7%	2.01B YoY+40.8%
Short-term investments	19.6M YoY-98.2%	1.06B YoY+6794.8%	15.4M YoY-90.6%	163M YoY+1917.3%	8.10M YoY+0.0%
Cash & short-term investments	8.10M YoY+0.0%	8.10M YoY+0.0%	8.10M YoY+0.0%	8.10M YoY+0.0%	8.10M YoY+0.0%
Accounts receivable	239M YoY+4.9%	228M YoY+7.9%	212M YoY-16.2%	252M YoY+26.0%	200M YoY+3.6%
Inventory	861M YoY+4.4%	825M YoY-10.3%	920M YoY-7.5%	994M YoY+35.3%	735M YoY-0.3%
Prepaid expenses	134M YoY-21.7%	171M YoY+35.3%	126M YoY+20.1%	105M YoY+12.2%	93.8M YoY+63.1%
Other current assets	98.5M YoY-29.5%	140M YoY+4.6%	134M YoY+158.4%	51.7M YoY-32.1%	76.1M YoY-18.3%
	6.58B YoY-50.9%	13.4B YoY+88.2%	7.12B YoY-2.0%	7.27B YoY-13.3%	8.38B YoY+5.8%
Property, plant & equipment	674M YoY+0.0%	674M YoY+0.0%	674M YoY+0.0%	674M YoY+0.0%	674M YoY-13.1%
Operating lease right-of-use	1.33B YoY+1.3%	1.31B YoY-4.7%	1.38B YoY+7.6%	1.28B YoY-14.4%	1.50B YoY-14.8%
Goodwill	983M YoY-18.3%	1.20B YoY-1.9%	1.23B YoY-1.1%	1.24B YoY-4.3%	1.30B YoY-0.3%
Intangible assets	720M YoY-46.8%	1.35B YoY-0.5%	1.36B YoY-0.5%	1.37B YoY-0.5%	1.37B YoY-0.4%
Long-term investments	1.40M YoY+7.7%	1.30M YoY+0.0%	1.30M YoY+1200.0%	100K YoY+0.0%	100K YoY+0.0%
Deferred tax assets	33.8M YoY-23.4%	44.1M YoY+9.2%	40.4M YoY-15.7%	47.9M YoY-27.0%	65.6M YoY+17.4%
Other non-current assets	118M YoY-27.2%	162M YoY-11.2%	182M YoY-13.1%	210M YoY+118.0%	96.1M YoY-39.3%
	1.56B YoY-9.0%	1.71B YoY+33.0%	1.29B YoY-12.4%	1.47B YoY+3.0%	1.43B YoY-18.2%
Accounts payable	456M YoY+0.9%	452M YoY+8.5%	417M YoY-19.9%	521M YoY+17.0%	445M YoY+240.4%
Accrued liabilities	737M YoY+12.3%	656M YoY+20.0%	547M YoY-12.9%	628M YoY-5.0%	661M YoY+29.4%
Deferred revenue	38.0M YoY-16.5%	45.5M YoY+5.8%	43.0M YoY+3.6%	41.5M YoY+28.1%	32.4M YoY+15.3%
Short-term & current debt	16.7M YoY-94.5%	303M YoY+1113.6%	25.0M YoY-19.9%	31.2M	0.00 YoY-100.0%
Current lease liability	299M YoY-0.2%	300M YoY+0.7%	298M YoY+3.0%	289M YoY-9.6%	319M YoY-17.8%
Other current liabilities	255M YoY+11.8%	228M YoY-13.6%	264M YoY-5.9%	281M YoY-13.4%	324M YoY-3.6%
	5.72B YoY-45.5%	10.5B YoY+117.0%	4.84B YoY-2.8%	4.98B YoY-2.8%	5.12B YoY-9.3%
Long-term debt	2.40B YoY-65.8%	7.00B YoY+326.0%	1.64B YoY-1.5%	1.67B YoY+4.3%	1.60B YoY+0.0%
Non-current lease liability	1.21B YoY-1.5%	1.22B YoY-8.2%	1.33B YoY+4.0%	1.28B YoY-16.0%	1.53B YoY-15.2%
Deferred tax liabilities	79.8M YoY-68.2%	251M YoY+4.7%	240M YoY+8.3%	222M YoY+8.7%	204M YoY+31.5%
Other non-current liabilities	503M YoY+34.0%	375M YoY+25.2%	300M YoY+18.6%	253M YoY+1.1%	250M YoY-31.2%
	858M YoY-70.4%	2.90B YoY+27.2%	2.28B YoY-0.3%	2.29B YoY-29.9%	3.26B YoY+43.2%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	2.10M YoY-8.7%	2.30M YoY+0.0%	2.30M YoY-4.2%	2.40M YoY-14.3%	2.80M YoY+0.0%
Additional paid-in capital	3.67B YoY-2.4%	3.76B YoY+2.2%	3.68B YoY+1.7%	3.62B YoY+3.8%	3.49B YoY+3.8%
Retained earnings	-2.56B YoY-254.0%	-722M YoY+40.6%	-1.22B YoY-4.3%	-1.17B YoY-635.8%	-159M YoY+84.0%
Accumulated other comprehensive income	-261M YoY-79.0%	-146M YoY+23.2%	-190M YoY-11.1%	-171M YoY-137.4%	-72.0M YoY+21.9%
Total equity incl. non-controlling	1.66B YoY+0.0%	1.66B YoY+0.0%	1.66B YoY+0.0%	1.66B YoY+0.0%	1.66B YoY+0.0%
Total liabilities & equity	6.58B YoY-50.9%	13.4B YoY+88.2%	7.12B YoY-2.0%	7.27B YoY-13.3%	8.38B YoY+5.8%
Common shares issued	208M YoY-9.6%	230M YoY+1.2%	227M YoY-5.7%	241M YoY-13.7%	280M YoY+1.2%
Common shares outstanding	208M YoY-9.6%	230M YoY+1.2%	227M YoY-5.7%	241M YoY-13.7%	280M YoY+1.2%
Shares outstanding (cover)	208M YoY-9.6%	230M YoY-0.9%	232M YoY-7.9%	252M YoY-9.7%	279M YoY+1.0%
Cash Flow	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
	1.22B YoY-3.1%	1.26B YoY+28.8%	975M YoY+14.3%	853M YoY-35.5%	1.32B YoY+225.2%
Depreciation & amortization	163M YoY-6.4%	174M YoY-4.5%	182M YoY-6.7%	195M YoY-11.4%	221M YoY-73.4%
Share-based compensation	87.3M YoY+1.6%	85.9M YoY+9.0%	78.8M YoY+9.1%	72.2M YoY+12.6%	64.1M YoY+20.7%
Deferred income taxes	-140M YoY-5692.0%	2.50M YoY-93.9%	41.2M YoY+37.8%	29.9M YoY-43.2%	52.6M YoY+145.5%
Change in receivables	-8.80M YoY-123.6%	37.3M YoY+184.6%	-44.1M YoY-145.9%	96.0M YoY+900.0%	9.60M YoY+115.5%
Change in inventory	108M YoY+226.1%	-85.8M YoY-71.9%	-49.9M YoY-116.0%	312M YoY+1068.0%	-32.2M YoY-154.9%
Change in payables	-15.0M YoY-130.5%	49.1M YoY+150.1%	-98.1M YoY-213.5%	86.4M YoY-71.9%	307M YoY+435.1%
	914M YoY+187.7%	-1.04B YoY-18378.9%	5.70M YoY+102.2%	-254M YoY-178.7%	-91.0M YoY-305.4%
Capital expenditure	123M YoY+12.7%	109M YoY-40.9%	184M YoY+96.2%	93.9M YoY-19.1%	116M YoY-43.5%
Acquisitions	—	—	—	—	0.00
Purchases of investments	1.89B YoY-30.5%	2.71B YoY+40392.5%	6.70M YoY-98.8%	540M YoY+77100.0%	700K YoY-99.7%
Sales/maturities of investments	2.92B YoY+74.4%	1.68B YoY+983.6%	155M YoY-59.4%	381M YoY+21050.0%	1.80M YoY-99.6%
	-7.18B YoY-237.6%	5.21B YoY+603.4%	-1.04B YoY+41.7%	-1.78B YoY-167.0%	-666M YoY-11388.1%
Long-term debt repaid	7.16B YoY+1428.0%	469M YoY+1402.6%	31.2M YoY-96.5%	900M YoY+7726.1%	11.5M
Common stock repurchased	1.72B	0.00 YoY-100.0%	704M YoY-56.0%	1.60B	0.00 YoY-100.0%
Dividends paid	299M YoY-6.9%	321M YoY+13.4%	283M YoY+7.1%	264M	0.00 YoY-100.0%
Other financing activities	-1.20M YoY+0.0%	-1.20M YoY-9.1%	-1.10M YoY-10.0%	-1.00M YoY+87.8%	-8.20M YoY-156.3%
FX effect on cash	26.3M YoY+315.6%	-12.2M YoY-40.2%	-8.70M YoY+77.9%	-39.4M YoY-368.0%	14.7M YoY+14800.0%
Net change in cash	-5.04B YoY-193.1%	5.42B YoY+8602.2%	-63.7M YoY+94.8%	-1.22B YoY-309.5%	581M YoY+27.2%
Interest paid	395M YoY+50.3%	263M YoY+218.2%	82.6M YoY+21.8%	67.8M YoY-2.7%	69.7M YoY+2.3%
Income taxes paid	190M YoY-5.3%	200M YoY-13.7%	232M YoY+29.0%	180M YoY-28.6%	252M YoY+188.8%
Valuation Ratios	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
Market cap	18.1B YoY+84.0%	9.83B YoY-0.9%	9.92B YoY+27.8%	7.76B YoY-34.8%	11.9B YoY+243.3%
P/E	21.0× YoY+88.3%	11.1× YoY-0.7%	11.2× YoY+19.6%	9.4× YoY-73.0%	34.8×
P/S	2.6× YoY+79.0%	1.5× YoY-3.3%	1.5× YoY+24.3%	1.2× YoY-50.2%	2.4× YoY+306.7%
P/B	12.1× YoY+241.3%	3.5× YoY-20.8%	4.5× YoY+39.1%	3.2× YoY-18.4%	3.9× YoY+189.7%
P/FCF	20.2× YoY+168.3%	7.5× YoY-52.0%	15.7× YoY+68.6%	9.3× YoY-36.8%	14.7× YoY+58.6%
Earnings yield	4.8% YoY-46.9%	9.0% YoY+0.7%	8.9% YoY-16.4%	10.7% YoY+271.0%	2.9%
FCF yield	4.9% YoY-62.7%	13.3% YoY+108.5%	6.4% YoY-40.7%	10.7% YoY+58.2%	6.8% YoY-37.0%
Dividend yield	1.6% YoY-50.9%	3.3% YoY+16.7%	2.8% YoY-13.6%	3.2%	0.0% YoY-100.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TPR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TPR filings on SEC EDGAR → Not investment advice.

TPR▼ financial statements

About this data

financial statements