Tapestry (TPR) Operating Margin (2009 - 2026)
Tapestry recorded quarterly Operating Margin of 22.26% in Q1 2026, down 22.25% quarter-over-quarter from 28.63% in Q4 2025, and up 625.0% year-over-year from 3.07% in Q1 2025.
Tapestry's Operating Margin history runs 18 years deep, the most recent figure standing at 22.26% for Q1 2026.
- In Q1 2026, Operating Margin rose 625.0% year-over-year to 22.26%; the TTM figure through Mar 2026 stood at 11.32% (down 661.0% YoY), while the FY2025 annual figure was 5.92%, down 1117.0% from the prior year.
- Operating Margin came in at 22.26% for Q1 2026 at Tapestry, down from 28.63% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.63% in Q4 2025 to a low of 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.
- Across the five-year window, Operating Margin sank 4863 bps in 2025 and jumped 625 bps in 2026, its largest moves.
- Tapestry's Operating Margin stood at 20.65% in 2022, then advanced by 4 bps to 21.47% in 2023, then climbed by 5 bps to 22.45% in 2024, then grew by 28 bps to 28.63% in 2025, then declined 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 28.43 Bn | 27.36 Bn | 1.48 Bn | 22.26% |
| 2 | Signet Jewelers | 3.51 Bn | 2.64 Bn | 985.10 Mn | 13.57% |
| 3 | Capri Holdings | 2.21 Bn | 2.06 Bn | 623.00 Mn | 4.49% |
| 4 | TheRealReal | 1.15 Bn | 1.03 Bn | 141.33 Mn | -1.20% |
| 5 | Movado | 835.22 Mn | 606.10 Mn | 103.63 Mn | 7.21% |
| 6 | Envela | 620.27 Mn | 581.65 Mn | 20.62 Mn | 11.40% |
| 7 | Brilliant Earth | 19.84 Mn | 21.09 Mn | 54.07 Mn | -8.93% |
| 8 | Lanvin Group Holdings | 223,892.13 | -35.01 Mn | - | - |
| 9 | LuxExperience B.V | 16,823.61 | -364.20 Mn | 329.37 Mn | -4.81% |
| 10 | AsiaStrategy | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 16.08% |
| Mar 27, 2021 | 9.17% |
| Dec 26, 2020 | 23.10% |
| Sep 26, 2020 | 17.25% |
| Jun 27, 2020 | -39.17% |
| Mar 28, 2020 | -63.90% |
| Dec 28, 2019 | 19.99% |
| Sep 28, 2019 | 3.80% |
| Jun 29, 2019 | 11.30% |
| Mar 30, 2019 | 8.25% |
| Dec 29, 2018 | 20.91% |
| Sep 29, 2018 | 11.75% |
| Jun 30, 2018 | 12.70% |
| Mar 31, 2018 | 12.02% |
| Dec 30, 2017 | 19.41% |
| Sep 30, 2017 | -1.69% |
| Jul 1, 2017 | 17.02% |
| Apr 1, 2017 | 15.18% |
| Dec 31, 2016 | 20.99% |
| Oct 1, 2016 | 15.99% |
| Jul 2, 2016 | 138.39% |
| Mar 26, 2016 | 13.00% |
| Dec 26, 2015 | 20.49% |
| Sep 26, 2015 | 13.72% |
| Jun 27, 2015 | 3.86% |
| Mar 28, 2015 | 13.34% |
| Dec 27, 2014 | 22.58% |
| Sep 27, 2014 | 17.31% |
| Jun 28, 2014 | 8.78% |
| Mar 29, 2014 | 23.89% |
| Dec 28, 2013 | 30.71% |
| Sep 28, 2013 | 27.95% |
| Jun 29, 2013 | 25.99% |
| Mar 30, 2013 | 29.34% |
| Dec 29, 2012 | 35.02% |
| Sep 29, 2012 | 28.56% |
| Jun 30, 2012 | 30.44% |
| Mar 31, 2012 | 30.43% |
| Dec 31, 2011 | 34.58% |
| Oct 1, 2011 | 30.65% |
| Jul 2, 2011 | 30.25% |
| Apr 2, 2011 | 26.70% |
| Jan 1, 2011 | 35.85% |
| Oct 2, 2010 | 31.33% |
| Jul 3, 2010 | 31.24% |
| Mar 27, 2010 | 29.99% |
| Dec 26, 2009 | 35.76% |
| Sep 26, 2009 | 29.32% |
| Jun 27, 2009 | -54.42% |
| Mar 28, 2009 | 25.05% |