Tapestry (TPR) Gross Margin (2009 - 2026)

Tapestry's (TPR) quarterly Gross Margin came in at 76.88% in Q1 2026, up 78.0% year-on-year from 43.19% in Q1 2025, and up 1.87% quarter-over-quarter from 75.46% in Q4 2025.

Tapestry (TPR) Gross Margin (2009 - 2026) Analysis & Trends

Tapestry has disclosed Gross Margin across 18 years of filings, most recently posting 76.88% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 76.88%, up 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 76.18% (up 109.0% YoY), and the FY2025 annual result was 75.44%, up 215.0% from the prior year.
  • Gross Margin came in at 76.88% for Q1 2026 at Tapestry, up from 75.46% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 76.88% in Q1 2026 to a low of 68.06% in Q1 2022.
  • The 5-year median for Gross Margin is 73.57% (2024), against an average of 73.06%.
  • Across the five-year window, Gross Margin tumbled 331 bps in 2022 and surged 353 bps in 2023, its largest moves.
  • Tapestry's Gross Margin stood at 68.59% in 2022, then rose by 4 bps to 71.63% in 2023, then climbed by 4 bps to 74.39% in 2024, then climbed by 1 bps to 75.46% in 2025, then rose by 2 bps to 76.88% in 2026.
  • The last three Gross Margin figures came in at 76.88% (Q1 2026), 75.46% (Q4 2025), and 76.29% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tapestry 29.56 Bn 28.49 Bn 1.48 Bn 76.88%
2 Signet Jewelers 3.64 Bn 2.76 Bn 985.10 Mn 42.01%
3 Capri Holdings 2.42 Bn 2.27 Bn 623.00 Mn 60.78%
4 TheRealReal 1.48 Bn 1.36 Bn 141.33 Mn 74.50%
5 Movado 851.68 Mn 622.56 Mn 103.63 Mn 54.09%
6 Envela 711.92 Mn 673.30 Mn 20.62 Mn 20.96%
7 LuxExperience B.V 18.43 Mn -337.64 Mn 329.37 Mn 45.49%
8 Brilliant Earth 17.08 Mn 18.33 Mn 54.07 Mn 54.34%
9 Lanvin Group Holdings 212,903.55 -35.02 Mn - -
10 Birks - - - -

Historic Data

Download Data
DateValue
Mar 28, 2026 76.88%
Dec 27, 2025 75.46%
Sep 27, 2025 76.29%
Jun 28, 2025 76.32%
Mar 29, 2025 76.09%
Dec 28, 2024 74.39%
Sep 28, 2024 75.28%
Jun 29, 2024 74.87%
Mar 30, 2024 74.70%
Dec 30, 2023 71.63%
Sep 30, 2023 72.54%
Jul 1, 2023 72.41%
Apr 1, 2023 72.76%
Dec 31, 2022 68.59%
Oct 1, 2022 70.00%
Jul 2, 2022 68.88%
Apr 2, 2022 69.92%
Jan 1, 2022 68.06%
Oct 2, 2021 72.17%
Jul 3, 2021 72.19%