Gap Inc. financials

Key figures from Gap Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricAug 2026Aug 2025Change
Revenue$3.7B$3.7B-2.0%
Net income$501M$216M+131.9%
Free cash flow$183M$350M-47.7%
Gross margin52.8%41.2%+11.6 pts
Operating margin18.5%7.8%+10.7 pts
Net margin13.7%5.8%+7.9 pts

Quarterly trend

Revenue by quarter
$3.8BOct 2023$4.3BFeb 2024*$3.4BMay 2024$3.7BAug 2024$3.8BNov 2024$4.1BFeb 2025*$3.5BMay 2025$3.7BAug 2025$3.9BNov 2025$4.2BJan 2026*$3.5BMay 2026$3.7BAug 2026
Net income by quarter
$218MOct 2023$185MFeb 2024*$158MMay 2024$206MAug 2024$274MNov 2024$206MFeb 2025*$193MMay 2025$216MAug 2025$236MNov 2025$171MJan 2026*$339MMay 2026$501MAug 2026
Free cash flow by quarter
$215MOct 2023$568MFeb 2024*-$63MMay 2024$460MAug 2024$143MNov 2024$499MFeb 2025*-$223MMay 2025$350MAug 2025$153MNov 2025$543MJan 2026*$78MMay 2026$183MAug 2026
Margins by quarter
0%30%60%Oct 2023Feb 2024*May 2024Aug 2024Nov 2024Feb 2025*May 2025Aug 2025Nov 2025Jan 2026*May 2026Aug 202641.3%38.9%41.2%42.6%42.7%38.9%41.8%41.2%42.4%38.1%40.5%52.8%6.6%5.0%6.1%7.9%9.3%6.2%7.5%7.8%8.5%5.4%12.7%18.5%5.8%4.3%4.7%5.5%7.2%5.0%5.6%5.8%6.0%4.0%9.7%13.7%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Jan 2026$15.4B$816M5.3%$823M$2.13
FY Feb 2025$15.1B$844M5.6%$1.0B$2.20
FY Feb 2024$14.9B$502M3.4%$1.1B$1.34
FY Jan 2023$15.6B-$202M-1.3%-$78M-$0.55
FY Jan 2022$16.7B$256M1.5%$115M$0.67

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.