KPIs & Operating Metrics(New)
Growth Metrics

Tapestry (TPR) Operating Expenses (2009 - 2026)

Tapestry recorded quarterly Operating Expenses of $1.0 billion in Q1 2026, down 10.49% quarter-over-quarter from $1.2 billion in Q4 2025, and up 10.18% year-over-year from $952.1 million in Q1 2025.

Tapestry's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 10.18% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $4.2 billion (up 7.77% YoY), while the FY2025 annual figure was $4.0 billion, up 7.19% from the prior year.
  • Operating Expenses came in at $1.0 billion for Q1 2026 at Tapestry, down from $1.2 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q4 2025 to a low of -$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.
  • Across the five-year window, Operating Expenses slumped 115.09% in 2022 and surged 839.49% in 2024, its largest moves.
  • Tapestry's Operating Expenses stood at -$104.7 million in 2022, then slumped by 47.28% to -$154.2 million in 2023, then soared by 839.49% to $1.1 billion in 2024, then grew by 2.78% to $1.2 billion in 2025, then slipped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tapestry 28.43 Bn 27.36 Bn 1.48 Bn 1.05 Bn
2 Signet Jewelers 3.51 Bn 2.64 Bn 985.10 Mn 656.60 Mn
3 Capri Holdings 2.21 Bn 2.06 Bn 623.00 Mn 577.00 Mn
4 TheRealReal 1.15 Bn 1.03 Bn 141.33 Mn 143.61 Mn
5 Movado 835.22 Mn 606.10 Mn 103.63 Mn 89.83 Mn
6 Envela 620.27 Mn 581.65 Mn 20.62 Mn 9.41 Mn
7 Brilliant Earth 19.84 Mn 21.09 Mn 54.07 Mn 62.95 Mn
8 Lanvin Group Holdings 223,892.13 -35.01 Mn - -
9 LuxExperience B.V 16,823.61 -364.20 Mn 329.37 Mn -153.55 Mn
10 AsiaStrategy - - - -

Historic Data

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DateValue
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
Jul 3, 2021 906.40 Mn
Mar 27, 2021 795.20 Mn
Dec 26, 2020 784.30 Mn
Sep 26, 2020 628.00 Mn
Mar 28, 2020 1.30 Bn
Dec 28, 2019 846.60 Mn
Sep 28, 2019 862.90 Mn
Jun 29, 2019 828.10 Mn
Mar 30, 2019 806.10 Mn
Dec 29, 2018 827.00 Mn
Sep 29, 2018 772.80 Mn
Jun 30, 2018 814.60 Mn
Mar 31, 2018 748.60 Mn
Dec 30, 2017 829.80 Mn
Sep 30, 2017 784.70 Mn
Jul 1, 2017 561.50 Mn
Apr 1, 2017 554.60 Mn
Dec 31, 2016 628.80 Mn
Oct 1, 2016 548.80 Mn
Jul 2, 2016 665.90 Mn
Mar 26, 2016 578.70 Mn
Dec 26, 2015 598.10 Mn
Sep 26, 2015 555.10 Mn
Jun 27, 2015 648.90 Mn
Mar 28, 2015 541.50 Mn
Dec 27, 2014 564.60 Mn
Sep 27, 2014 535.60 Mn
Jun 28, 2014 606.60 Mn
Mar 29, 2014 518.60 Mn
Dec 28, 2013 546.70 Mn
Sep 28, 2013 505.00 Mn
Jun 29, 2013 569.65 Mn
Mar 30, 2013 531.70 Mn
Dec 29, 2012 558.81 Mn
Sep 29, 2012 513.45 Mn
Jun 30, 2012 486.52 Mn
Mar 31, 2012 480.58 Mn
Dec 31, 2011 544.31 Mn
Oct 1, 2011 442.69 Mn
Jul 2, 2011 428.45 Mn
Apr 2, 2011 437.82 Mn
Jan 1, 2011 461.84 Mn
Oct 2, 2010 390.51 Mn
Jul 3, 2010 400.03 Mn
Mar 27, 2010 366.45 Mn
Dec 26, 2009 390.10 Mn
Sep 26, 2009 326.93 Mn
Jun 27, 2009 342.63 Mn
Mar 28, 2009 339.69 Mn