← GAP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $15.8b $15.5b $15.9b $16.6b $16.4b $13.8b $16.7b $15.6b $14.9b $15.1b
Cost of Revenue $14.3b $14.3b $14.4b $10.3b $10.2b $9.1b $10.0b $10.3b $9.1b $8.9b
Gross Profit $5.7b $5.6b $6.1b $6.3b $6.1b $4.7b $6.6b $5.4b $5.8b $6.2b
Operating Expenses $4.2b $4.4b $4.6b $5.0b $5.6b $5.6b $5.8b $5.4b $5.2b $5.1b
Operating Income (Loss) $1.5b $1.2b $1.5b $1.4b $574.0m ($862.0m) $810.0m ($69.0m) $560.0m $1.1b
Additional Financial Items
Depreciation, Depletion and Amortization, Nonproduction $592.0m $593.0m $559.0m $578.0m $557.0m $507.0m $504.0m $540.0m $522.0m $500.0m
Amortization of Intangible Assets — — — — — $0 $2.0m $9.0m $9.0m $8.0m
Foreign Currency Transaction Gain (Loss), before Tax ($6.0m) ($18.0m) $31.0m ($32.0m) $1.0m $23.0m ($18.0m) ($59.0m) ($9.0m) ($37.0m)
Goodwill, Impairment Loss $0 $71.0m $0 $0 $0 $0 $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.4b $1.2b $1.3b $1.2b $550.0m ($928.0m) $217.0m ($280.0m) $463.0m $977.0m
Investment Income, Interest $6.0m $8.0m $19.0m $33.0m $30.0m $10.0m $5.0m $18.0m $86.0m $112.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — — ($139.0m) $556.0m $1.1b
Net Income (Loss) Attributable to Parent $920.0m $676.0m $848.0m $1.0b $351.0m ($665.0m) $256.0m ($202.0m) $502.0m $844.0m
Earnings Per Share, Basic $2.24 $1.69 $2.16 $2.61 $0.93 ($1.78) $0.68 ($0.55) $1.36 $2.24
Earnings Per Share, Diluted $2.23 $1.69 $2.14 $2.59 $0.93 ($1.78) $0.67 ($0.55) $1.34 $2.20
Common Stock, Dividends, Per Share, Declared $0.92 $0.92 $0.92 $0.97 $0.97 $0.24 $0.36 $0.60 $0.60 $0.60
Weighted Average Number of Shares Outstanding, Basic 411.0m 399.0m 393.0m 385.0m 376.0m 374.0m 376.0m 367.0m 370.0m 376.0m
Weighted Average Number of Shares Outstanding, Diluted 413.0m 400.0m 396.0m 388.0m 378.0m 374.0m 383.0m 367.0m 376.0m 384.0m
Interest Expense $59.0m $75.0m $74.0m $73.0m $76.0m $192.0m $167.0m $88.0m $90.0m $87.0m
Current Income Tax Expense (Benefit) $450.0m $502.0m $515.0m $254.0m $258.0m ($300.0m) $128.0m $21.0m $118.0m $266.0m
Research and Development Expense — — $51.0m $50.0m $41.0m $46.0m $41.0m $46.0m $37.0m $40.0m
Income Tax Expense (Benefit) $551.0m $448.0m $576.0m $319.0m $177.0m ($437.0m) $67.0m $63.0m $54.0m $293.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.