Tapestry (TPR) Gross Margin (2009 - 2026)
Tapestry's Gross Margin came in at 83.32% for fiscal Q4 2026 (quarter ended Jun 27, 2026), up 7.00 percentage points from 76.32% a year earlier and up 6.44 percentage points from the prior quarter.
Tapestry (TPR) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 27, 2026), Tapestry's Gross Margin was 77.82%, up 2.38 percentage points from FY2025.
- Gross Margin has increased in each of the last four fiscal years, with a five-year change of +6.79 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 75.44% in FY2025 (+2.15 pp), 73.29% in FY2024 (+2.51 pp), 70.78% in FY2023 (+1.21 pp) and 69.57% in FY2022 (-1.47 pp).
- The fiscal Q4 2026 figure represents the highest quarterly Gross Margin in data going back to fiscal Q3 2009.
- Year-over-year, Gross Margin has increased for 15 consecutive quarters, with an average year-over-year change of +2.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q4 2026 (a gain of 7.00 percentage points), and the weakest in fiscal Q4 2022 (a drop of 3.31 percentage points).
- Business Quant data shows TPR's Gross Margin at 76.88% (Q3 2026), 75.46% (Q2 2026) and 76.29% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.94 Bn | 19.93 Bn | 5.39 Bn | 49.15% |
| 2 | Tapestry | 22.74 Bn | 18.69 Bn | 1.56 Bn | 83.32% |
| 3 | Ralph Lauren | 21.47 Bn | 13.57 Bn | 1.44 Bn | 73.69% |
| 4 | Deckers Outdoor | 11.15 Bn | 4.02 Bn | - | - |
| 5 | Lululemon Athletica | 10.72 Bn | 4.97 Bn | 1.46 Bn | 60.52% |
| 6 | Levi Strauss | 7.64 Bn | 4.29 Bn | 979.10 Mn | 62.68% |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 29.05% |
| 8 | Birkenstock Holding | 6.06 Bn | 4.37 Bn | 493.89 Mn | 59.05% |
| 9 | Crocs | 5.89 Bn | 5.30 Bn | 700.71 Mn | 59.41% |
| 10 | V F | 5.67 Bn | 2.29 Bn | 917.04 Mn | 54.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 83.32% |
| 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% |
Tapestry Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();