The Gap, Inc. (GAP)
NYSE: GAP · Real-Time Price · USD
23.48
+2.69 (12.94%)
At close: Aug 28, 2026, 4:00 PM EDT
23.52
+0.04 (0.16%)
After-hours: Aug 28, 2026, 6:33 PM EDT
The Gap Cash Flow Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Operating Activities
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Net Income | 501 | 339 | 171 | 236 | 216 | 193 | 206 | 274 | 206 | 158 | 185 | 218 | 117 | -18 | -273 | 282 | -49 | -162 | -16 | -152 |
Depreciation & Amortization | 131 | 128 | 128 | 125 | 122 | 121 | 129 | 124 | 123 | 124 | 128 | 127 | 130 | 137 | 138 | 140 | 132 | 130 | 132 | 128 |
Other Amortization | - | - | - | - | - | - | - | - | - | - | 4 | - | - | - | 1 | 1 | 2 | 2 | 3 | 3 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | -47 | - | -83 | 35 | - | - | - |
Asset Writedown & Restructuring Costs | - | - | - | - | - | - | - | - | - | - | 7 | - | - | - | 25 | 23 | - | 3 | 2 | - |
Stock-Based Compensation | -40 | 40 | 54 | 37 | 34 | 37 | 41 | 27 | 31 | 27 | 16 | 20 | 21 | 23 | 9 | 22 | 5 | 1 | 42 | 25 |
Other Operating Activities | 120 | 21 | -20 | 24 | 59 | 7 | 10 | 22 | -8 | -1 | -50 | -23 | 4 | 33 | 2 | 38 | -10 | -4 | -23 | 276 |
Change in Inventory | -209 | 112 | 257 | -172 | -196 | -18 | 256 | -226 | -156 | 38 | 388 | -165 | 77 | 83 | 632 | 62 | 26 | -166 | -305 | -444 |
Change in Accounts Payable | 407 | -291 | 34 | -114 | 340 | -203 | -19 | 1 | 307 | -152 | -91 | 29 | 206 | -102 | -37 | -211 | 44 | -336 | 305 | 49 |
Change in Income Taxes | -63 | 63 | 24 | 54 | -100 | 55 | -4 | -11 | 48 | 13 | 25 | 45 | 54 | -49 | 201 | -156 | 3 | 369 | 9 | -39 |
Change in Other Net Operating Assets | -510 | -199 | 38 | 109 | -27 | -332 | -3 | 80 | -2 | -177 | 88 | 53 | -96 | -45 | 21 | -23 | -33 | -199 | -22 | 44 |
Operating Cash Flow | 337 | 213 | 686 | 299 | 448 | -140 | 616 | 291 | 549 | 30 | 700 | 304 | 513 | 15 | 719 | 95 | 155 | -362 | 127 | -110 |
Operating Cash Flow Growth (YoY) | -24.78% | - | 11.36% | 2.75% | -18.40% | - | -12.00% | -4.28% | 7.02% | 100.00% | -2.64% | 220.00% | 230.97% | - | 466.14% | - | -65.71% | - | - | - |
Investing Activities
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Capital Expenditures | -154 | -135 | -143 | -146 | -98 | -83 | -117 | -148 | -89 | -93 | -132 | -89 | -82 | -117 | -108 | -171 | -178 | -228 | -208 | -217 |
Sale of Property, Plant & Equipment | - | - | - | - | - | - | 7 | - | - | - | - | - | - | 76 | - | 125 | - | 333 | - | - |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -135 |
Divestitures | - | - | - | - | - | - | - | - | - | - | - | -2 | - | 11 | - | - | - | - | - | - |
Investment in Securities | 18 | -14 | -130 | -17 | 7 | 10 | -1 | -3 | -45 | -198 | - | - | - | - | - | - | - | - | 275 | 61 |
Other Investing Activities | - | - | - | - | - | - | -5 | - | - | - | 1 | - | - | - | - | - | - | - | -5 | - |
Investing Cash Flow | -136 | -149 | -273 | -163 | -91 | -73 | -116 | -151 | -134 | -291 | -131 | -91 | -82 | -30 | -108 | -46 | -178 | 105 | 62 | -291 |
Financing Activities
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Long-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 350 | - | - |
Total Debt Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 350 | - | 1,500 |
Total Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | -150 | -200 | - | - | - | - | - | - | -2,546 |
Net Debt Issued (Repaid) | - | - | - | - | - | - | - | - | - | - | - | -150 | -200 | - | - | - | - | 350 | - | -1,046 |
Issuance of Common Stock | 5 | 7 | 7 | 6 | 6 | 6 | 5 | 6 | 11 | 10 | 9 | 5 | 6 | 7 | 4 | 8 | 8 | 7 | 6 | 7 |
Repurchase of Common Stock | -201 | -463 | -6 | -10 | -83 | -98 | -77 | -15 | -2 | -31 | -4 | -5 | -1 | -10 | -3 | -14 | -58 | -68 | -75 | -75 |
Common Dividends Paid | -62 | -63 | -62 | -62 | -62 | -61 | -56 | -57 | -56 | -56 | -56 | -55 | -56 | -55 | -54 | -55 | -55 | -56 | -44 | -45 |
Other Financing Activities | - | - | - | - | - | - | - | -3 | - | - | - | -2 | - | - | -1 | -1 | -6 | - | - | -16 |
Financing Cash Flow | -258 | -519 | -61 | -66 | -139 | -153 | -128 | -69 | -47 | -77 | -51 | -207 | -251 | -58 | -54 | -62 | -111 | 233 | -113 | -1,175 |
Net Cash Flow
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Foreign Exchange Rate Adjustments | -2 | - | 2 | -2 | - | 5 | -5 | -2 | - | -2 | 4 | -5 | - | -2 | 10 | -16 | -2 | -7 | -3 | -2 |
Net Cash Flow | -59 | -455 | 354 | 68 | 218 | -361 | 367 | 69 | 368 | -340 | 522 | 1 | 180 | -75 | 567 | -29 | -136 | -31 | 73 | -1,578 |
Free Cash Flow
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Free Cash Flow | 183 | 78 | 543 | 153 | 350 | -223 | 499 | 143 | 460 | -63 | 568 | 215 | 431 | -102 | 611 | -76 | -23 | -590 | -81 | -327 |
Free Cash Flow Growth (YoY) | -47.71% | - | 8.82% | 6.99% | -23.91% | - | -12.15% | -33.49% | 6.73% | - | -7.04% | - | - | - | - | - | - | - | - | - |
Free Cash Flow Margin | 5.01% | 2.23% | 12.82% | 3.88% | 9.40% | -6.44% | 12.03% | 3.74% | 12.37% | -1.86% | 13.21% | 5.71% | 12.15% | -3.11% | 14.40% | -1.88% | -0.60% | -16.97% | -1.79% | -8.29% |
Free Cash Flow Per Share | 0.51 | 0.21 | 1.41 | 0.40 | 0.92 | -0.58 | 1.30 | 0.37 | 1.20 | -0.16 | 1.49 | 0.57 | 1.16 | -0.28 | 1.67 | -0.21 | -0.06 | -1.59 | -0.22 | -0.87 |
Levered Free Cash Flow | -235.75 | -1.63 | 517.38 | 73.13 | 255.5 | -228.88 | 426.88 | 30 | 430.38 | -85 | 615.5 | 131.88 | 512.25 | -2.63 | 898.5 | -336.25 | -18 | -690.63 | 109.88 | -415 |
Unlevered Free Cash Flow | -235.13 | 12.13 | 532.38 | 87.5 | 269.88 | -214.5 | 438.75 | 44.38 | 445.38 | -71.88 | 626.5 | 149.38 | 521.63 | 11.75 | 913.13 | -323.5 | -6.88 | -680.13 | 118.13 | -390.5 |
Additional Metrics
Fiscal Quarter | Q2 2027 | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 1, 2026 | May '26 May 2, 2026 | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 |
Cash Interest Paid | - | 30 | 2 | 29 | 1 | 31 | 2 | 30 | - | 31 | 2 | 32 | 5 | 35 | 6 | 32 | 6 | 32 | 2 | 76 |
Cash Income Tax Paid | - | 33 | 62 | 31 | 131 | 11 | 64 | 76 | 58 | 39 | 50 | 19 | - | 46 | 19 | 1 | 12 | -420 | 34 | 34 |
Change in Working Capital | -375 | -315 | 353 | -123 | 17 | -498 | 230 | -156 | 197 | -278 | 410 | -38 | 241 | -113 | 817 | -328 | 40 | -332 | -13 | -390 |