GPS
Income statement / Annual
Last year (2023), The Gap, Inc.'s total revenue was $14.89 B,
a decrease of 4.66% from the previous year.
In 2023, The Gap, Inc.'s net income was $502.00 M.
See The Gap, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
01/31/2015 |
| Operating Revenue |
$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
|
$16.44 B
|
| Cost of Revenue |
$7.84 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 |
$10.15 B |
| Gross Profit |
$7.05 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 |
$6.29 B |
| Gross Profit Ratio |
0.47 |
0.34 |
0.4 |
0.34 |
0.37 |
0.38 |
0.38 |
0.36 |
0.36 |
0.38 |
| Research and Development
Expenses |
$37.00 M
|
$46.00 M
|
$41.00 M
|
$46.00 M
|
$41.00 M
|
$50.00 M
|
$51.00 M
|
$46.00 M
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$4.33 B
|
$4.70 B
|
$4.14 B
|
$4.39 B
|
$966.00 M
|
$970.00 M
|
$855.00 M
|
$832.00 M
|
$3.59 B
|
| Selling & Marketing
Expenses |
$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
|
$639.00 M
|
| Selling, General &
Administrative Expenses |
$882.00 M
|
$5.37 B
|
$5.81 B
|
$4.96 B
|
$5.08 B
|
$966.00 M
|
$970.00 M
|
$855.00 M
|
$832.00 M
|
$4.23 B
|
| Other Expenses |
$5.22 B |
$5.43 B |
$5.83 B |
$5.57 B |
$5.56 B |
$4.96 B |
$4.59 B |
$4.45 B |
$4.23 B |
$4.21 B |
| Operating Expenses |
$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 |
$4.21 B |
| Cost And Expenses |
$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 |
$14.35 B |
| Interest Income |
$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 |
$5.00 M |
| Interest Expense |
$90.00 M |
$88.00 M |
$167.00 M |
$192.00 M |
$76.00 M |
$40.00 M |
$55.00 M |
$67.00 M |
$53.00 M |
$70.00 M |
| Depreciation &
Amortization |
$522.00 M
|
$540.00 M
|
$504.00 M
|
$507.00 M
|
$557.00 M
|
$578.00 M
|
$559.00 M
|
$593.00 M
|
$527.00 M
|
$500.00 M
|
| EBITDA |
$1.17 B
|
$476.00 M
|
$1.64 B
|
-$403.00 M
|
$1.16 B
|
$1.88 B
|
$2.06 B
|
$1.79 B
|
$2.12 B
|
$2.65 B
|
| EBITDA Ratio |
0.08 |
0.03 |
0.1 |
-0.02 |
0.07 |
0.11 |
0.12 |
0.11 |
0.13 |
0.16 |
| Operating Income Ratio
|
0.04
|
-0
|
0.07
|
-0.06
|
0.04
|
0.08
|
0.09
|
0.08
|
0.1
|
0.13
|
| Total Other
Income/Expenses Net |
-$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
|
-$70.00 M
|
| Income Before Tax |
$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 |
$2.01 B |
| Income Before Tax Ratio
|
0.04
|
-0.01
|
0.02
|
-0.08
|
0.03
|
0.08
|
0.09
|
0.07
|
0.09
|
0.12
|
| Income Tax Expense |
$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 |
$751.00 M |
| Net Income |
$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 |
$1.26 B |
| Net Income Ratio |
0.03 |
-0.01 |
0.02 |
-0.05 |
0.02 |
0.06 |
0.05 |
0.04 |
0.06 |
0.08 |
| EPS |
1.36 |
-0.55 |
0.68 |
-1.78 |
0.93 |
2.61 |
2.16 |
1.69 |
2.24 |
2.9 |
| EPS Diluted |
1.34 |
-0.55 |
0.67 |
-1.78 |
0.93 |
2.59 |
2.14 |
1.69 |
2.23 |
2.87 |
| Weighted Average Shares
Out |
$370.00 M
|
$367.00 M
|
$376.00 M
|
$373.60 M
|
$376.00 M
|
$385.00 M
|
$393.00 M
|
$399.00 M
|
$411.00 M
|
$435.00 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$440.00 M
|
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