GAP INC (GAP)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Nov-012025-Aug-022025-May-032025-Feb-012024-Nov-022024-Aug-032024-May-042024-Feb-032023-Oct-282023-Jul-292023-Apr-292023-Jan-282022-Oct-292022-Jul-302022-Apr-302022-Jan-292021-Oct-302021-Jul-312021-May-012021-Jan-302020-Oct-312020-Aug-012020-May-022020-Feb-012019-Nov-022019-Aug-032019-May-042019-Feb-022018-Nov-032018-Aug-042018-May-052018-Feb-032017-Oct-282017-Jul-292017-Apr-292017-Jan-282016-Oct-292016-Jul-302016-Apr-302016-Jan-302015-Oct-312015-Aug-012015-May-022015-Jan-312014-Nov-012014-Aug-022014-May-032014-Feb-01
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue3,942,000,000$3,725,000,000$3,463,000,000$4,149,000,000$3,829,000,000$3,720,000,000$3,388,000,000$4,298,000,000$3,767,000,000$3,548,000,000$3,276,000,000$4,243,000,000$4,039,000,000$3,857,000,000$3,477,000,000$4,525,000,000$3,943,000,000$4,211,000,000$3,991,000,000$4,424,000,000$3,994,000,000$3,275,000,000$2,107,000,000$4,674,000,000$3,998,000,000$4,005,000,000$3,706,000,000$4,623,000,000$4,089,000,000$4,085,000,000$3,783,000,000$4,778,000,000$3,838,000,000$3,799,000,000$3,440,000,000$4,429,000,000$3,798,000,000$3,851,000,000$3,438,000,000$4,385,000,000$3,857,000,000$3,898,000,000$3,657,000,000$4,708,000,000$3,972,000,000$3,981,000,000$3,774,000,000$4,575,000,000$
QoQ%5.83%7.57%(16.53%)8.36%2.93%9.80%(21.17%)14.10%6.17%8.30%(22.79%)5.05%4.72%10.93%(23.16%)14.76%(6.36%)5.51%(9.79%)10.77%21.95%55.43%(54.92%)16.91%(.18%)8.07%(19.84%)13.06%.10%7.98%(20.83%)24.49%1.03%10.44%(22.33%)16.61%(1.38%)12.01%(21.60%)13.69%(1.05%)6.59%(22.32%)18.53%(.23%)5.49%(17.51%)15.07%
YoY%2.95%.13%2.21%(3.47%)1.65%4.85%3.42%1.30%(6.73%)(8.01%)(5.78%)(6.23%)2.44%(8.41%)(12.88%)2.28%(1.28%)28.58%89.42%(5.35%)(.10%)(18.23%)(43.15%)1.10%(2.23%)(1.96%)(2.04%)(3.24%)6.54%7.53%9.97%7.88%1.05%(1.35%).06%1.00%(1.53%)(1.21%)(5.99%)(6.86%)(2.90%)(2.09%)(3.10%)2.91%(.10%)2.92%1.21%(3.18%)
Cost Of Revenue2,272,000,000$2,189,000,000$2,015,000,000$2,537,000,000$2,194,000,000$2,137,000,000$1,991,000,000$2,626,000,000$2,211,000,000$2,215,000,000$2,062,000,000$2,819,000,000$2,530,000,000$2,527,000,000$2,381,000,000$3,002,000,000$2,282,000,000$2,388,000,000$2,361,000,000$2,756,000,000$2,374,000,000$2,126,000,000$1,839,000,000$3,000,000,000$2,439,000,000$2,449,000,000$2,362,000,000$2,978,000,000$2,466,000,000$2,458,000,000$2,356,000,000$3,019,000,000$2,313,000,000$2,320,000,000$2,137,000,000$2,928,000,000$2,305,000,000$2,414,000,000$2,229,000,000$2,945,000,000$2,417,000,000$2,440,000,000$2,275,000,000$3,050,000,000$2,376,000,000$2,412,000,000$2,308,000,000$2,982,000,000$
Gross Profit1,670,000,000$1,536,000,000$1,448,000,000$1,612,000,000$1,635,000,000$1,583,000,000$1,397,000,000$1,672,000,000$1,556,000,000$1,333,000,000$1,214,000,000$1,424,000,000$1,509,000,000$1,330,000,000$1,096,000,000$1,523,000,000$1,661,000,000$1,823,000,000$1,630,000,000$1,668,000,000$1,620,000,000$1,149,000,000$268,000,000$1,674,000,000$1,559,000,000$1,556,000,000$1,344,000,000$1,645,000,000$1,623,000,000$1,627,000,000$1,427,000,000$1,759,000,000$1,525,000,000$1,479,000,000$1,303,000,000$1,501,000,000$1,493,000,000$1,437,000,000$1,209,000,000$1,440,000,000$1,440,000,000$1,458,000,000$1,382,000,000$1,658,000,000$1,596,000,000$1,569,000,000$1,466,000,000$1,593,000,000$
Gross Margin42.36%41.24%41.81%38.85%42.70%42.55%41.23%38.90%41.31%37.57%37.06%33.56%37.36%34.48%31.52%33.66%42.13%43.29%40.84%37.70%40.56%35.08%12.72%35.82%38.99%38.85%36.27%35.58%39.69%39.83%37.72%36.82%39.73%38.93%37.88%33.89%39.31%37.32%35.17%32.84%37.34%37.40%37.79%35.22%40.18%39.41%38.85%34.82%
Operating Expenses1,336,000,000$1,244,000,000$1,188,000,000$1,353,000,000$1,280,000,000$1,290,000,000$1,192,000,000$1,458,000,000$1,306,000,000$1,227,000,000$1,224,000,000$1,454,000,000$1,323,000,000$1,358,000,000$1,293,000,000$1,515,000,000$1,508,000,000$1,414,000,000$1,390,000,000$1,534,000,000$1,445,000,000$1,076,000,000$1,512,000,000$1,919,000,000$1,338,000,000$1,274,000,000$1,028,000,000$1,273,000,000$1,260,000,000$1,229,000,000$1,198,000,000$1,363,000,000$1,147,000,000$1,028,000,000$1,049,000,000$1,200,000,000$1,104,000,000$1,158,000,000$987,000,000$1,085,000,000$1,026,000,000$1,089,000,000$996,000,000$1,139,000,000$1,042,000,000$1,002,000,000$1,023,000,000$1,071,000,000$
Operating Income334,000,000$292,000,000$260,000,000$259,000,000$355,000,000$293,000,000$205,000,000$214,000,000$250,000,000$106,000,000$(10,000,000$)(30,000,000$)186,000,000$(28,000,000$)(197,000,000$)8,000,000$153,000,000$409,000,000$240,000,000$134,000,000$175,000,000$73,000,000$(1,244,000,000$)(245,000,000$)221,000,000$282,000,000$316,000,000$372,000,000$363,000,000$398,000,000$229,000,000$396,000,000$378,000,000$451,000,000$254,000,000$301,000,000$389,000,000$279,000,000$222,000,000$355,000,000$414,000,000$369,000,000$386,000,000$519,000,000$554,000,000$567,000,000$443,000,000$522,000,000$
Operating Margin8.47%7.84%7.51%6.24%9.27%7.88%6.05%4.98%6.64%2.99%(.31%)(.71%)4.61%(.73%)(5.67%).18%3.88%9.71%6.01%3.03%4.38%2.23%(59.04%)(5.24%)5.53%7.04%8.53%8.05%8.88%9.74%6.05%8.29%9.85%11.87%7.38%6.80%10.24%7.25%6.46%8.10%10.73%9.47%10.56%11.02%13.95%14.24%11.74%11.41%
Interest Income26,000,000$27,000,000$26,000,000$32,000,000$29,000,000$27,000,000$24,000,000$28,000,000$28,000,000$17,000,000$13,000,000$12,000,000$4,000,000$1,000,000$1,000,000$2,000,000$1,000,000$1,000,000$1,000,000$3,000,000$1,000,000$2,000,000$4,000,000$9,000,000$7,000,000$8,000,000$6,000,000$12,000,000$8,000,000$7,000,000$6,000,000$8,000,000$4,000,000$4,000,000$3,000,000$2,000,000$3,000,000$2,000,000$1,000,000$3,000,000$1,000,000$1,000,000$1,000,000$3,000,000$1,000,000$1,000,000$0$2,000,000$
Interest Expenses23,000,000$23,000,000$23,000,000$19,000,000$23,000,000$24,000,000$21,000,000$24,000,000$28,000,000$15,000,000$23,000,000$25,000,000$22,000,000$21,000,000$20,000,000$18,000,000$44,000,000$51,000,000$54,000,000$60,000,000$55,000,000$58,000,000$19,000,000$18,000,000$19,000,000$19,000,000$20,000,000$19,000,000$21,000,000$17,000,000$16,000,000$21,000,000$18,000,000$16,000,000$19,000,000$18,000,000$20,000,000$18,000,000$19,000,000$18,000,000$19,000,000$17,000,000$5,000,000$20,000,000$19,000,000$19,000,000$17,000,000$20,000,000$
Income Before Tax337,000,000$296,000,000$263,000,000$272,000,000$361,000,000$296,000,000$208,000,000$218,000,000$250,000,000$108,000,000$(20,000,000$)(43,000,000$)168,000,000$(48,000,000$)(216,000,000$)(8,000,000$)(215,000,000$)359,000,000$187,000,000$77,000,000$121,000,000$(41,000,000$)(1,259,000,000$)(254,000,000$)209,000,000$271,000,000$302,000,000$365,000,000$350,000,000$388,000,000$219,000,000$383,000,000$364,000,000$439,000,000$238,000,000$285,000,000$372,000,000$263,000,000$204,000,000$340,000,000$396,000,000$353,000,000$382,000,000$502,000,000$536,000,000$549,000,000$426,000,000$504,000,000$
Tax Expenses101,000,000$80,000,000$70,000,000$66,000,000$87,000,000$90,000,000$50,000,000$33,000,000$32,000,000$(9,000,000$)(2,000,000$)230,000,000$(114,000,000$)1,000,000$(54,000,000$)8,000,000$(63,000,000$)101,000,000$21,000,000$(157,000,000$)26,000,000$21,000,000$(327,000,000$)(70,000,000$)69,000,000$103,000,000$75,000,000$89,000,000$84,000,000$91,000,000$55,000,000$178,000,000$135,000,000$168,000,000$95,000,000$65,000,000$168,000,000$138,000,000$77,000,000$126,000,000$148,000,000$134,000,000$143,000,000$183,000,000$185,000,000$217,000,000$166,000,000$197,000,000$
Net Income236,000,000$216,000,000$193,000,000$206,000,000$274,000,000$206,000,000$158,000,000$185,000,000$218,000,000$117,000,000$(18,000,000$)(273,000,000$)282,000,000$(49,000,000$)(162,000,000$)(16,000,000$)(152,000,000$)258,000,000$166,000,000$234,000,000$95,000,000$(62,000,000$)(932,000,000$)(184,000,000$)140,000,000$168,000,000$227,000,000$276,000,000$266,000,000$297,000,000$164,000,000$205,000,000$229,000,000$271,000,000$143,000,000$220,000,000$204,000,000$125,000,000$127,000,000$214,000,000$248,000,000$219,000,000$239,000,000$319,000,000$351,000,000$332,000,000$260,000,000$307,000,000$
Profit Margin5.99%5.80%5.57%4.97%7.16%5.54%4.66%4.30%5.79%3.30%(.55%)(6.43%)6.98%(1.27%)(4.66%)(.35%)(3.86%)6.13%4.16%5.29%2.38%(1.89%)(44.23%)(3.94%)3.50%4.20%6.13%5.97%6.51%7.27%4.34%4.29%5.97%7.13%4.16%4.97%5.37%3.25%3.69%4.88%6.43%5.62%6.54%6.78%8.84%8.34%6.89%6.71%
TTM5.57%5.86%5.80%5.60%5.40%5.06%4.52%3.37%.30%.72%(.38%)(1.29%).35%(2.40%)(.45%)1.54%3.05%4.53%2.76%(4.82%)(7.71%)(7.39%)(5.47%)2.14%4.97%5.71%6.46%6.05%5.57%5.43%5.37%5.35%5.57%5.42%4.46%4.36%4.33%4.60%5.19%5.82%6.36%6.95%7.61%7.68%7.67%7.58%7.45%7.93%
Earnings to Minority
Earnings to Common Shareholders236,000,000$216,000,000$193,000,000$206,000,000$274,000,000$206,000,000$158,000,000$185,000,000$218,000,000$117,000,000$(18,000,000$)(273,000,000$)282,000,000$(49,000,000$)(162,000,000$)(16,000,000$)(152,000,000$)258,000,000$166,000,000$234,000,000$95,000,000$(62,000,000$)(932,000,000$)(184,000,000$)140,000,000$168,000,000$227,000,000$276,000,000$266,000,000$297,000,000$164,000,000$205,000,000$229,000,000$271,000,000$143,000,000$220,000,000$204,000,000$125,000,000$127,000,000$214,000,000$248,000,000$219,000,000$239,000,000$319,000,000$351,000,000$332,000,000$260,000,000$307,000,000$
QoQ%9.26%11.92%(6.31%)(24.82%)33.01%30.38%(14.60%)(15.14%)86.33%750.00%93.41%(196.81%)675.51%69.75%(912.50%)89.47%(158.92%)55.42%(29.06%)146.32%253.23%93.35%(406.52%)(231.43%)(16.67%)(25.99%)(17.75%)3.76%(10.44%)81.10%(20.00%)(10.48%)(15.50%)89.51%(35.00%)7.84%63.20%(1.58%)(40.65%)(13.71%)13.24%(8.37%)(25.08%)(9.12%)5.72%27.69%(15.31%)(8.90%)
YoY%(13.87%)4.85%22.15%11.35%25.69%76.07%977.78%167.77%(22.70%)338.78%88.89%(1,606.25%)285.53%(118.99%)(197.59%)(106.84%)(260.00%)516.13%117.81%227.17%(32.14%)(136.91%)(510.57%)(166.67%)(47.37%)(43.43%)38.42%34.63%16.16%9.59%14.69%(6.82%)12.26%116.80%12.60%2.80%(17.74%)(42.92%)(46.86%)(32.92%)(29.35%)(34.04%)(8.08%)3.91%4.15%9.57%(21.92%)(12.54%)
Earnings Per Share, Basic0.63$0.58$0.51$0.55$0.73$0.55$0.42$0.50$0.59$0.32$(0.05$)(0.75$)0.77$(0.13$)(0.44$)(0.04$)(0.40$)0.68$0.44$0.62$0.25$(0.17$)(2.51$)(0.49$)0.37$0.44$0.60$0.73$0.69$0.77$0.42$0.53$0.59$0.69$0.36$0.55$0.51$0.31$0.32$0.54$0.61$0.53$0.57$0.75$0.81$0.76$0.58$0.68$
Earnings Per Share, Diluted0.62$0.57$0.51$0.53$0.72$0.54$0.41$0.47$0.58$0.32$(0.05$)(0.75$)0.77$(0.13$)(0.44$)(0.04$)(0.40$)0.67$0.43$0.63$0.25$(0.17$)(2.51$)(0.49$)0.37$0.44$0.60$0.72$0.69$0.76$0.42$0.52$0.58$0.68$0.36$0.55$0.51$0.31$0.32$0.53$0.61$0.52$0.56$0.74$0.80$0.75$0.58$0.67$
Unlevered FCF Per Share, Basic0.41$0.94$(0.59$)1.32$0.38$1.22$(0.17$)1.52$0.58$1.17$(0.28$)1.67$(0.21$)(0.06$)(1.59$)(0.22$)(0.87$)0.81$0.57$(0.71$)1.09$2.05$(2.85$)1.89$(0.68$)1.04$(0.36$)1.63$(0.42$)1.10$(0.52$)1.32$(0.19$)0.58$(0.05$)1.94$(0.12$)1.09$0.07$1.60$(0.28$)0.67$0.14$1.91$(0.14$)0.72$0.79$1.27$
Unlevered FCF Per Share, Diluted0.40$0.92$(0.58$)1.29$0.37$1.20$(0.16$)1.45$0.57$1.16$(0.28$)1.67$(0.21$)(0.06$)(1.59$)(0.21$)(0.87$)0.80$0.56$(0.72$)1.07$2.05$(2.85$)1.87$(0.68$)1.04$(0.36$)1.62$(0.42$)1.09$(0.52$)1.30$(0.19$)0.58$(0.05$)1.94$(0.12$)1.09$0.07$1.59$(0.27$)0.67$0.14$1.89$(0.14$)0.72$0.78$1.25$
Average Shares, Basic372,000,000373,000,000375,000,000377,000,000377,000,000376,000,000374,000,000373,000,000371,000,000369,000,000367,000,000366,000,000365,000,000367,000,000370,000,000374,000,000376,000,000378,000,000376,000,000376,000,000374,000,000374,000,000372,000,000372,000,000375,000,000378,000,000379,000,000380,000,000384,000,000387,000,000389,000,000387,000,000391,000,000395,000,000399,000,000401,000,000399,000,000398,000,000398,000,000400,000,000406,000,000417,000,000421,000,000424,000,000432,000,000439,000,000445,000,000449,000,000
Average Shares, Diluted380,000,000379,000,000382,000,000387,000,000383,000,000383,000,000383,000,000391,000,000375,000,000371,000,000367,000,000365,000,000366,000,000367,000,000370,000,000385,000,000376,000,000386,000,000385,000,000370,000,000380,000,000374,000,000372,000,000376,000,000376,000,000379,000,000381,000,000382,000,000387,000,000390,000,000393,000,000395,000,000393,000,000396,000,000400,000,000402,000,000400,000,000399,000,000399,000,000402,000,000408,000,000418,000,000424,000,000429,000,000437,000,000443,000,000451,000,000456,000,000
EBIT360,000,000$319,000,000$286,000,000$291,000,000$384,000,000$320,000,000$229,000,000$242,000,000$278,000,000$123,000,000$3,000,000$(18,000,000$)190,000,000$(27,000,000$)(196,000,000$)10,000,000$(171,000,000$)410,000,000$241,000,000$137,000,000$176,000,000$17,000,000$(1,240,000,000$)(236,000,000$)228,000,000$290,000,000$322,000,000$384,000,000$371,000,000$405,000,000$235,000,000$404,000,000$382,000,000$455,000,000$257,000,000$303,000,000$392,000,000$281,000,000$223,000,000$358,000,000$415,000,000$370,000,000$387,000,000$522,000,000$555,000,000$568,000,000$443,000,000$524,000,000$
EBITDA485,000,000$441,000,000$407,000,000$420,000,000$508,000,000$443,000,000$353,000,000$370,000,000$405,000,000$253,000,000$140,000,000$120,000,000$330,000,000$105,000,000$(66,000,000$)142,000,000$(43,000,000$)534,000,000$361,000,000$263,000,000$301,000,000$143,000,000$(1,110,000,000$)(96,000,000$)368,000,000$429,000,000$460,000,000$537,000,000$516,000,000$545,000,000$375,000,000$545,000,000$521,000,000$596,000,000$395,000,000$447,000,000$538,000,000$436,000,000$371,000,000$512,000,000$559,000,000$516,000,000$535,000,000$674,000,000$696,000,000$706,000,000$576,000,000$662,000,000$