The Gap Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	15,400	15,366	15,086	14,889	15,616	16,670
Revenue Growth	1.58%	1.86%	1.32%	-4.66%	-6.32%	20.80%
Cost of Revenue	9,163	9,098	8,859	9,114	10,257	10,033
Gross Profit	6,237	6,268	6,227	5,775	5,359	6,637
Selling, General & Admin	4,889	5,105	5,073	5,180	5,377	5,718
Research & Development	60	60	40	37	46	41
Operating Expenses	4,949	5,165	5,113	5,217	5,423	5,759
Operating Income	1,288	1,103	1,114	558	-64	878
Interest Expense	-92	-93	-87	-90	-88	-167
Interest & Investment Income	111	110	112	86	18	5
Currency Exchange Gain (Loss)	12	12	-2	2	-2	-
EBT Excluding Unusual Items	1,319	1,132	1,137	556	-136	716
Gain (Loss) on Sale of Assets	-	-	-	-	48	-59
Asset Writedown	-	-	-	-	-51	-9
Other Unusual Items	-	-	-	-	-	-325
Pretax Income	1,319	1,132	1,137	556	-139	323
Income Tax Expense	357	316	293	54	63	67
Net Income	962	816	844	502	-202	256
Net Income to Common	962	816	844	502	-202	256
Net Income Growth	9.44%	-3.32%	68.13%	-	-	-
Shares Outstanding (Basic)	371	373	376	370	367	376
Shares Outstanding (Diluted)	383	384	384	376	367	383
Shares Change	-0.19%	-	2.13%	2.45%	-4.18%	2.41%
EPS (Basic)	2.59	2.19	2.24	1.36	-0.55	0.68
EPS (Diluted)	2.52	2.13	2.20	1.34	-0.55	0.67
EPS Growth	9.36%	-3.18%	64.18%	-	-	-
Free Cash Flow	1,124	823	1,039	1,112	-78	115
Free Cash Flow Per Share	2.94	2.14	2.71	2.96	-0.21	0.30
Dividend Per Share	0.670	0.660	0.600	0.600	0.600	0.360
Dividend Growth	8.94%	10.00%	0%	0%	66.67%	48.45%
Gross Margin	40.50%	40.79%	41.28%	38.79%	34.32%	39.81%
Operating Margin	8.36%	7.18%	7.38%	3.75%	-0.41%	5.27%
Profit Margin	6.25%	5.31%	5.59%	3.37%	-1.29%	1.54%
Free Cash Flow Margin	7.30%	5.36%	6.89%	7.47%	-0.50%	0.69%
EBITDA	1,791	1,599	1,614	1,080	476	1,382
EBITDA Margin	11.63%	10.41%	10.70%	7.25%	3.05%	8.29%
D&A For EBITDA	503	496	500	522	540	504
EBIT	1,288	1,103	1,114	558	-64	878
EBIT Margin	8.36%	7.18%	7.38%	3.75%	-0.41%	5.27%
Effective Tax Rate	27.07%	27.91%	25.77%	9.71%	-	20.74%
Advertising Expenses	-	778	780	882	1,039	1,115

SEC Filings: 10-K · 10-Q