The Gap Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Cash & Equivalents	2,162	2,616	2,335	1,873	1,215	877
Short-Term Investments	399	386	253	-	-	-
Cash & Short-Term Investments	2,561	3,002	2,588	1,873	1,215	877
Cash Growth	15.36%	16.00%	38.17%	54.16%	38.54%	-63.43%
Inventory	2,095	2,207	2,067	1,995	2,389	3,018
Other Current Assets	583	568	548	527	1,013	1,270
Total Current Assets	5,239	5,777	5,203	4,395	4,617	5,165
Net Property, Plant & Equipment	6,015	5,950	5,736	5,681	5,861	6,712
Other Long-Term Assets	883	905	946	968	908	884
Total Assets	12,137	12,632	11,885	11,044	11,386	12,761
Accounts Payable	1,298	1,567	1,488	1,349	1,320	1,951
Accrued Expenses	883	1,044	1,083	1,108	1,219	1,367
Current Portion of Leases	631	634	632	600	667	734
Other Current Liabilities	89	55	53	39	50	25
Total Current Liabilities	2,901	3,300	3,256	3,096	3,256	4,077
Long-Term Debt	1,492	1,492	1,490	1,488	1,836	1,484
Long-Term Leases	3,519	3,485	3,353	3,353	3,517	4,033
Other Long-Term Liabilities	570	554	522	512	544	445
Total Long-Term Liabilities	5,581	5,531	5,365	5,353	5,897	5,962
Total Liabilities	8,482	8,831	8,621	8,449	9,153	10,039
Common Stock	18	19	19	19	18	19
Additional Paid-in Capital	-	136	146	113	27	43
Accumulated Other Comprehensive Income	35	38	60	43	48	38
Retained Earnings	3,602	3,608	3,039	2,420	2,140	2,622
Shareholders' Equity	3,655	3,801	3,264	2,595	2,233	2,722
Total Liabilities & Equity	12,137	12,632	11,885	11,044	11,386	12,761
Total Debt	5,642	5,611	5,475	5,441	6,020	6,251
Net Cash (Debt)	-3,081	-2,609	-2,887	-3,568	-4,805	-5,374
Net Cash Per Share	-8.10	-6.79	-7.52	-9.49	-13.09	-14.03
Book Value	3,655	3,801	3,264	2,595	2,233	2,722
Book Value Per Share	9.61	9.90	8.50	6.90	6.08	7.11
Tangible Book Value	3,655	3,801	3,264	2,595	2,233	2,722
Tangible Book Value Per Share	9.61	9.90	8.50	6.90	6.08	7.11

SEC Filings: 10-K · 10-Q