Tapestry (TPR) Operating Margin (2009 - 2026)
Tapestry (TPR) posted Operating Margin of 22.26% for Q1 2026, down 22.25% sequentially from 28.63% in Q4 2025, and up 625.0% YoY from 3.07% in Q1 2025.
Tapestry (TPR) Operating Margin (2009 - 2026) Analysis & Trends
Tapestry has reported Operating Margin for 18 years, with the latest figure at 22.26% in Q1 2026.
- Quarterly Operating Margin rose 625.0% year-over-year to 22.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.32% (down 661.0% YoY) and the FY2025 annual result came in at 5.92%, down 1117.0% from the prior year.
- Operating Margin retreated to 22.26% in Q1 2026 per TPR's latest filing, from 28.63% in the prior quarter.
- Over five years, Operating Margin peaked at 28.63% in Q4 2025 and troughed at 33.86% in Q2 2025.
- A 5-year average of 15.35% and a median of 16.81% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2025 and 2026: Operating Margin slumped 4863 bps in 2025, then surged 625 bps in 2026.
- Over 5 years, Operating Margin stood at 20.65% in 2022, then climbed by 4 bps to 21.47% in 2023, then grew by 5 bps to 22.45% in 2024, then increased by 28 bps to 28.63% in 2025, then fell by 22 bps to 22.26% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 22.26%, 28.63%, and 19.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 26.15 Bn | 24.99 Bn | 1.56 Bn | 23.57% |
| 2 | Signet Jewelers | 3.73 Bn | 3.13 Bn | 556.50 Mn | 2.38% |
| 3 | Capri Holdings | 1.87 Bn | 1.73 Bn | - | - |
| 4 | TheRealReal | 1.33 Bn | 1.22 Bn | 143.20 Mn | -1.19% |
| 5 | LuxExperience B.V | 1.07 Bn | 703.47 Mn | 329.37 Mn | -4.81% |
| 6 | Movado | 805.20 Mn | 574.66 Mn | 103.63 Mn | 7.21% |
| 7 | Envela | 419.96 Mn | 376.52 Mn | 13.38 Mn | 8.99% |
| 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 | 0.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 23.57% |
| Mar 28, 2026 | 22.26% |
| Dec 27, 2025 | 28.63% |
| Sep 27, 2025 | 19.25% |
| Jun 28, 2025 | -33.86% |
| Mar 29, 2025 | 16.01% |
| Dec 28, 2024 | 22.45% |
| Sep 28, 2024 | 16.72% |
| Jun 29, 2024 | 14.77% |
| Mar 30, 2024 | 13.78% |
| Dec 30, 2023 | 21.47% |
| Sep 30, 2023 | 16.73% |
| Jul 1, 2023 | 16.89% |
| Apr 1, 2023 | 14.99% |
| Dec 31, 2022 | 20.65% |
| Oct 1, 2022 | 16.88% |
| Jul 2, 2022 | 15.29% |
| Apr 2, 2022 | 11.79% |
| Jan 1, 2022 | 21.61% |
| Oct 2, 2021 | 19.92% |