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| Date | Value |
|---|---|
| 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% |