The Gap, Inc. (GPS)

The Gap Income Statement

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

Year Ending	TTM	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Revenue	15,001	14,889	15,616	16,670	13,800	16,383
Revenue Growth (YoY)	-2.69%	-4.66%	-6.32%	20.80%	-15.77%	-1.19%
Cost of Revenue	9,043	9,114	10,257	10,033	9,095	10,250
Gross Profit	5,958	5,775	5,359	6,637	4,705	6,133
Selling, General & Admin	5,183	5,215	5,428	5,827	5,567	5,559
Operating Expenses	5,183	5,215	5,428	5,827	5,567	5,559
Operating Income	775	560	-69	810	-862	574
Interest Expense / Income	88	90	88	167	192	76
Other Expense / Income	-97	-86	-18	320	48	-30
Pretax Income	784	556	-139	323	-1,102	528
Income Tax	106	54	63	67	-437	177
Net Income	678	502	-202	256	-665	351
Net Income Growth	-	-	-	-	-	-65.00%
Shares Outstanding (Basic)	374	370	367	376	374	376
Shares Outstanding (Diluted)	383	376	367	383	374	378
Shares Change	4.36%	2.45%	-4.18%	2.41%	-1.06%	-2.58%
EPS (Basic)	1.83	1.36	-0.55	0.68	-1.78	0.93
EPS (Diluted)	1.80	1.34	-0.55	0.67	-1.78	0.93
EPS Growth	-	-	-	-	-	-64.09%
Free Cash Flow	1,151	1,188	380	115	-155	586
Free Cash Flow Per Share	3.08	3.21	1.03	0.31	-0.41	1.56
Dividend Per Share	0.600	0.600	0.600	0.603	-	0.970
Dividend Growth	0%	0%	-0.50%	-	-	0%
Gross Margin	39.72%	38.79%	34.32%	39.81%	34.09%	37.44%
Operating Margin	5.17%	3.76%	-0.44%	4.86%	-6.25%	3.50%
Profit Margin	4.52%	3.37%	-1.29%	1.54%	-4.82%	2.14%
Free Cash Flow Margin	7.67%	7.98%	2.43%	0.69%	-1.12%	3.58%
Effective Tax Rate	13.52%	9.71%	-	20.74%	-	33.52%
EBITDA	1,381	1,168	489	994	-403	1,161
EBITDA Margin	9.21%	7.84%	3.13%	5.96%	-2.92%	7.09%
Depreciation & Amortization	509	522	540	504	507	557
EBIT	872	646	-51	490	-910	604
EBIT Margin	5.81%	4.34%	-0.33%	2.94%	-6.59%	3.69%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).