Gap Inc
GAP- Exchange
- NYSE
- Industry
- Retail-Family Clothing Stores
- SEC CIK
- 0000039911
In the last 90 days, Gap Inc insiders filed 0 open-market purchases and 3 sales; 491 institutions reported holding it in 13F filings for Q2 2026, worth $4.10B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:07 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 5, 2026 | Mar 6, 2025 | Mar 7, 2024 | Mar 9, 2023 | Mar 3, 2022 |
| Revenue | $15.4B | $15.1B | $14.9B | $15.6B | $16.7B |
| Cost of revenue | $9.10B | $8.86B | $9.11B | $10.3B | $10.0B |
| Gross profit | $6.27B | $6.23B | $5.78B | $5.36B | $6.64B |
| Operating expenses | $5.15B | $5.12B | $5.21B | $5.43B | $5.83B |
| Research and development | $60.0M | $40.0M | $37.0M | $46.0M | $41.0M |
| Operating income | $1.11B | $1.11B | $560.0M | -$69.0M | $810.0M |
| Interest expense | $93.0M | $87.0M | $90.0M | $88.0M | $167.0M |
| Income tax | $316.0M | $293.0M | $54.0M | $63.0M | $67.0M |
| Net income | $816.0M | $844.0M | $502.0M | -$202.0M | $256.0M |
| EPS, basic | $2.19 | $2.24 | $1.36 | $-0.55 | $0.68 |
| EPS, diluted | $2.13 | $2.20 | $1.34 | $-0.55 | $0.67 |
| Weighted shares, basic | 373.0M | 376.0M | 370.0M | 367.0M | 376.0M |
| Weighted shares, diluted | 384.0M | 384.0M | 376.0M | 367.0M | 383.0M |
| Margins and growth | |||||
| Gross margin | 40.8% | 41.3% | 38.8% | 34.3% | 39.8% |
| Operating margin | 7.3% | 7.4% | 3.8% | -0.4% | 4.9% |
| Net margin | 5.3% | 5.6% | 3.4% | -1.3% | 1.5% |
| Revenue growth, year over year | +1.9% | +1.3% | −4.7% | −6.3% | +20.8% |
| Net income growth, year over year | −3.3% | +68.1% | – | −178.9% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 5, 2026 | Mar 6, 2025 | Mar 7, 2024 | Mar 9, 2023 | Mar 3, 2022 |
| Cash and equivalents | $2.62B | $2.33B | $1.87B | $1.22B | $877.0M |
| Short-term investments | $386.0M | $253.0M | – | – | $0 |
| Accounts receivable | $316.0M | $301.0M | $289.0M | $340.0M | $399.0M |
| Total current assets | $5.78B | $5.20B | $4.39B | $4.62B | $5.17B |
| Property, plant and equipment | $2.51B | $2.50B | $2.57B | $2.69B | $3.04B |
| Goodwill | $207.0M | $207.0M | $207.0M | $207.0M | $207.0M |
| Intangible assets | $4.00M | $10.0M | $18.0M | $27.0M | $36.0M |
| Total assets | $12.6B | $11.9B | $11.0B | $11.4B | $12.8B |
| Accounts payable | $1.57B | $1.49B | $1.35B | $1.32B | $1.95B |
| Total current liabilities | $3.30B | $3.26B | $3.10B | $3.26B | $4.08B |
| Long-term debt | $1.49B | $1.49B | $1.49B | $1.49B | $1.48B |
| Shareholders' equity | $3.80B | $3.26B | $2.60B | $2.23B | $2.72B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2026 | Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 5, 2026 | Mar 6, 2025 | Mar 7, 2024 | Mar 9, 2023 | Mar 3, 2022 |
| Operating cash flow | $1.29B | $1.49B | $1.53B | $607.0M | $809.0M |
| Capital expenditures | $470.0M | $447.0M | $420.0M | $685.0M | $694.0M |
| Free cash flow | $823.0M | $1.04B | $1.11B | -$78.0M | $115.0M |
| Depreciation and amortization | $496.0M | $500.0M | $522.0M | $540.0M | $504.0M |
| Stock-based compensation | $162.0M | $126.0M | $80.0M | $37.0M | $139.0M |
| Dividends paid | $247.0M | $225.0M | $222.0M | $220.0M | $226.0M |
| Share buybacks | $155.0M | $75.0M | $0 | $123.0M | $201.0M |
| Investing cash flow | -$600.0M | -$692.0M | -$334.0M | -$227.0M | -$446.0M |
| Financing cash flow | -$419.0M | -$321.0M | -$567.0M | $6.00M | -$1.47B |
| Net change in cash | $279.0M | $464.0M | $628.0M | $371.0M | -$1.11B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.1% | 0.8% | 0.5% | 0.2% | 0.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 21, 2026 | 351.3M | −5.3% | SEC |
| May 22, 2026 | 360.0M | −3.5% | SEC |
| Mar 10, 2026 | 372.6M | −0.6% | SEC |
| Nov 18, 2025 | 371.9M | −1.4% | SEC |
| Aug 22, 2025 | 371.0M | −1.4% | SEC |
| May 23, 2025 | 373.1M | −0.5% | SEC |
| Mar 12, 2025 | 374.9M | +0.4% | SEC |
| Nov 19, 2024 | 377.1M | +1.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.