Tapestry (TPR) Operating Expenses (2009 - 2026)
Tapestry (TPR) posted Operating Expenses of $1.0 billion for Q1 2026, down 10.49% sequentially from $1.2 billion in Q4 2025, and up 10.18% YoY from $952.1 million in Q1 2025.
Tapestry (TPR) Operating Expenses (2009 - 2026) Analysis & Trends
Tapestry has reported Operating Expenses for 18 years, with the latest figure at $1.0 billion in Q1 2026.
- Quarterly Operating Expenses rose 10.18% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 7.77% YoY) and the FY2025 annual result came in at $4.0 billion, up 7.19% from the prior year.
- Operating Expenses retreated to $1.0 billion in Q1 2026 per TPR's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.2 billion in Q4 2025 and troughed at -$154.2 million in Q4 2023.
- A 5-year average of $721.0 million and a median of $901.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses tumbled 115.09% in 2022, then soared 839.49% in 2024.
- Over 5 years, Operating Expenses stood at -$104.7 million in 2022, then tumbled by 47.28% to -$154.2 million in 2023, then jumped by 839.49% to $1.1 billion in 2024, then increased by 2.78% to $1.2 billion in 2025, then dropped by 10.49% to $1.0 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.0 billion, $1.2 billion, and $972.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 26.15 Bn | 24.99 Bn | 1.56 Bn | 100,000.00 |
| 2 | Signet Jewelers | 3.73 Bn | 3.13 Bn | 556.50 Mn | 509.60 Mn |
| 3 | Capri Holdings | 1.87 Bn | 1.73 Bn | - | - |
| 4 | TheRealReal | 1.33 Bn | 1.22 Bn | 143.20 Mn | 145.49 Mn |
| 5 | LuxExperience B.V | 1.07 Bn | 703.47 Mn | 329.37 Mn | -153.55 Mn |
| 6 | Movado | 805.20 Mn | 574.66 Mn | 103.63 Mn | 89.83 Mn |
| 7 | Envela | 419.96 Mn | 376.52 Mn | 13.38 Mn | 8.28 Mn |
| 8 | Lanvin Group Holdings | 132.35 Mn | 94.30 Mn | - | - |
| 9 | AsiaStrategy | 67.74 Mn | 48.66 Mn | - | - |
| 10 | Brilliant Earth | 22.13 Mn | -52.95 Mn | 66.64 Mn | 66.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 100,000.00 |
| Mar 28, 2026 | 1.05 Bn |
| Dec 27, 2025 | 1.17 Bn |
| Sep 27, 2025 | 972.30 Mn |
| Jun 28, 2025 | 1.04 Bn |
| Mar 29, 2025 | 952.10 Mn |
| Dec 28, 2024 | 1.14 Bn |
| Sep 28, 2024 | 882.90 Mn |
| Jun 29, 2024 | 956.20 Mn |
| Mar 30, 2024 | 903.10 Mn |
| Dec 30, 2023 | -154.20 Mn |
| Sep 30, 2023 | 844.50 Mn |
| Jul 1, 2023 | 899.10 Mn |
| Apr 1, 2023 | -124.70 Mn |
| Dec 31, 2022 | -104.70 Mn |
| Oct 1, 2022 | 800.30 Mn |
| Jul 2, 2022 | 870.70 Mn |
| Apr 2, 2022 | -120.00 Mn |
| Jan 1, 2022 | 994.60 Mn |
| Oct 2, 2021 | 773.70 Mn |