Gap › Financials
Gap financials
GAPTen years from Gap’s own SEC filings. Fiscal years end in January.
Income statement
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.52B | $15.86B | $16.58B | $16.38B | $13.80B | $16.67B | $15.62B | $14.89B | $15.09B | $15.37B | $15.33B | — |
| Gross profit | $5.64B | $6.07B | $6.32B | $6.13B | $4.71B | $6.64B | $5.36B | $5.78B | $6.23B | $6.27B | $6.63B | — |
| Operating income | $1.19B | $1.48B | $1.36B | $574.0M | −$862.0M | $810.0M | −$69.0M | $560.0M | $1.11B | $1.11B | $1.68B | — |
| Net income | $676.0M | $848.0M | $1.00B | $351.0M | −$665.0M | $256.0M | −$202.0M | $502.0M | $844.0M | $816.0M | $1.25B | — |
| Earnings per share, diluted | $1.69 | $2.14 | $2.59 | $0.93 | −$1.78 | $0.67 | −$0.55 | $1.34 | $2.20 | $2.13 | — | — |
Balance sheet
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.78B | $1.78B | $1.08B | $1.36B | $1.99B | $877.0M | $1.22B | $1.87B | $2.33B | $2.62B | — | $2.10B |
| Total assets | $7.61B | $7.99B | $8.05B | $13.68B | $13.77B | $12.76B | $11.39B | $11.04B | $11.88B | $12.63B | — | $12.86B |
| Debt | $1.31B | $1.25B | $1.25B | $1.25B | $2.22B | $1.48B | $1.49B | $1.49B | $1.49B | $1.49B | — | $1.49B |
| Total liabilities | $4.71B | $4.84B | $4.50B | $10.36B | $11.15B | $10.04B | $9.15B | $8.45B | $8.62B | $8.83B | — | $8.90B |
| Shareholders' equity | $2.90B | $3.14B | $3.55B | $3.32B | $2.61B | $2.72B | $2.23B | $2.60B | $3.26B | $3.80B | — | $3.95B |
Cash flow
| Jan 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Jan 2021fiscal year | Jan 2022fiscal year | Jan 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Jan 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.72B | $1.38B | $1.38B | $1.41B | $237.0M | $809.0M | $607.0M | $1.53B | $1.49B | $1.29B | $1.53B | — |
| Capital spending | $524.0M | $731.0M | $705.0M | $702.0M | $392.0M | $694.0M | $685.0M | $420.0M | $447.0M | $470.0M | $578.0M | — |
| Free cash flow | $1.20B | $649.0M | $676.0M | $709.0M | −$155.0M | $115.0M | −$78.0M | $1.11B | $1.04B | $823.0M | $957.0M | — |
| Buybacks | $0 | $315.0M | $398.0M | $200.0M | $0 | $201.0M | $123.0M | $0 | $75.0M | $155.0M | $604.0M | — |
| Dividends | $367.0M | $361.0M | $373.0M | $364.0M | $0 | $226.0M | $220.0M | $222.0M | $225.0M | $247.0M | $249.0M | — |
| Returned to shareholders | $367.0M | $676.0M | $771.0M | $564.0M | $0 | $427.0M | $343.0M | $222.0M | $300.0M | $402.0M | $853.0M | — |
| Stock-based pay | $76.0M | $87.0M | $91.0M | $68.0M | $77.0M | $139.0M | $37.0M | $80.0M | $126.0M | $162.0M | $176.0M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Gap financials, answered
What is Gap's market cap?
$8.12B at $23.12 a share, with 351,270,137 shares outstanding as of Aug 21, 2026, from the cover of its latest SEC filing.
How much does Gap earn?
Revenue of $15.33B and net income of $1.25B in the last 12 months to Aug 2026.
How much debt does Gap have?
Gap reported $1.49B of debt and $2.10B of cash and equivalents on its balance sheet in Aug 2026.
Does Gap make free cash flow?
Yes. Operating cash flow minus capital spending was $957.0M in the last 12 months to Aug 2026.
How much cash does Gap return to shareholders?
$402.0M in buybacks and dividends in fiscal 2026, from the cash flow statement.