GPS
Income statement / Annual
Last year (2024), The Gap, Inc.'s total revenue was $15.09 B,
an increase of 1.32% from the previous year.
In 2024, The Gap, Inc.'s net income was $844.00 M.
See The Gap, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
02/01/2025 |
02/03/2024 |
01/28/2023 |
01/29/2022 |
01/30/2021 |
02/01/2020 |
02/02/2019 |
02/03/2018 |
01/28/2017 |
01/30/2016 |
| Operating Revenue |
$15.09 B |
$14.89 B |
$15.62 B |
$16.67 B |
$13.80 B |
$16.38 B |
$16.58 B |
$15.86 B |
$15.52 B |
$15.80 B |
| Cost of Revenue |
$8.86 B
|
$9.11 B
|
$10.26 B
|
$10.03 B
|
$9.10 B
|
$10.25 B
|
$10.26 B
|
$9.79 B
|
$9.88 B
|
$10.08 B
|
| Gross Profit |
$6.23 B
|
$5.78 B
|
$5.36 B
|
$6.64 B
|
$4.71 B
|
$6.13 B
|
$6.32 B
|
$6.07 B
|
$5.64 B
|
$5.72 B
|
| Gross Profit Ratio |
0.41
|
0.39
|
0.34
|
0.4
|
0.34
|
0.37
|
0.38
|
0.38
|
0.36
|
0.36
|
| Research and Development Expenses |
$0.00
|
$37.00 M
|
$46.00 M
|
$41.00 M
|
$46.00 M
|
$41.00 M
|
$50.00 M
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$882.00 M
|
$1.04 B
|
$1.12 B
|
$816.00 M
|
$687.00 M
|
$650.00 M
|
$673.00 M
|
$601.00 M
|
$578.00 M
|
| Selling, General & Administrative Expenses |
$0.00
|
$882.00 M
|
$1.04 B
|
$1.12 B
|
$816.00 M
|
$687.00 M
|
$650.00 M
|
$673.00 M
|
$601.00 M
|
$578.00 M
|
| Other Expenses |
$5.12 B
|
$5.22 B
|
$5.38 B
|
$5.79 B
|
$5.52 B
|
$5.52 B
|
$4.91 B
|
$4.59 B
|
$4.45 B
|
$4.20 B
|
| Operating Expenses |
$5.12 B
|
$5.22 B
|
$5.43 B
|
$5.83 B
|
$5.57 B
|
$5.56 B
|
$4.96 B
|
$4.59 B
|
$4.45 B
|
$4.20 B
|
| Cost And Expenses |
$13.97 B
|
$14.33 B
|
$15.69 B
|
$15.86 B
|
$14.66 B
|
$15.81 B
|
$15.22 B
|
$14.38 B
|
$14.33 B
|
$14.27 B
|
| Interest Income |
-$112.00 M
|
$86.00 M
|
$18.00 M
|
$5.00 M
|
$10.00 M
|
$30.00 M
|
$33.00 M
|
$19.00 M
|
$8.00 M
|
$6.00 M
|
| Interest Expense |
$87.00 M
|
$90.00 M
|
$88.00 M
|
$167.00 M
|
$192.00 M
|
$76.00 M
|
$73.00 M
|
$74.00 M
|
$75.00 M
|
$59.00 M
|
| Depreciation & Amortization |
$0.00
|
$522.00 M
|
$540.00 M
|
$504.00 M
|
$507.00 M
|
$557.00 M
|
$578.00 M
|
$559.00 M
|
$593.00 M
|
$592.00 M
|
| EBITDA |
$1.11 B |
$1.14 B |
$476.00 M |
$1.64 B |
-$403.00 M |
$1.16 B |
$1.99 B |
$2.06 B |
$1.79 B |
$2.12 B |
| EBITDA Ratio |
0.07
|
0.08
|
0.03
|
0.1
|
-0.03
|
0.07
|
0.12
|
0.13
|
0.12
|
0.13
|
| Operating Income Ratio |
0.07
|
0.04
|
-0
|
0.05
|
-0.06
|
0.04
|
0.08
|
0.09
|
0.08
|
0.1
|
| Total Other Income/Expenses Net |
$25.00 M
|
-$66.00 M
|
-$70.00 M
|
-$487.00 M
|
-$240.00 M
|
-$46.00 M
|
-$40.00 M
|
-$55.00 M
|
-$67.00 M
|
-$53.00 M
|
| Income Before Tax |
$1.14 B
|
$556.00 M
|
-$139.00 M
|
$323.00 M
|
-$1.10 B
|
$528.00 M
|
$1.32 B
|
$1.42 B
|
$1.12 B
|
$1.47 B
|
| Income Before Tax Ratio |
0.08
|
0.04
|
-0.01
|
0.02
|
-0.08
|
0.03
|
0.08
|
0.09
|
0.07
|
0.09
|
| Income Tax Expense |
$293.00 M
|
$54.00 M
|
$63.00 M
|
$67.00 M
|
-$437.00 M
|
$177.00 M
|
$319.00 M
|
$576.00 M
|
$448.00 M
|
$551.00 M
|
| Net Income |
$844.00 M
|
$502.00 M
|
-$202.00 M
|
$256.00 M
|
-$665.00 M
|
$351.00 M
|
$1.00 B
|
$848.00 M
|
$676.00 M
|
$920.00 M
|
| Net Income Ratio |
0.06
|
0.03
|
-0.01
|
0.02
|
-0.05
|
0.02
|
0.06
|
0.05
|
0.04
|
0.06
|
| EPS |
2.24 |
1.36 |
-0.55 |
0.68 |
-1.78 |
0.93 |
2.61 |
2.16 |
1.69 |
2.24 |
| EPS Diluted |
2.2 |
1.34 |
-0.55 |
0.67 |
-1.78 |
0.93 |
2.59 |
2.14 |
1.69 |
2.23 |
| Weighted Average Shares Out |
$376.00 M
|
$370.00 M
|
$367.00 M
|
$376.00 M
|
$374.00 M
|
$376.00 M
|
$385.00 M
|
$393.00 M
|
$399.00 M
|
$411.00 M
|
| Weighted Average Shares Out Diluted |
$384.00 M
|
$376.00 M
|
$367.00 M
|
$383.00 M
|
$374.00 M
|
$378.00 M
|
$388.00 M
|
$396.00 M
|
$400.00 M
|
$413.00 M
|
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