The Gap, Inc. (GAP) Stock Analysis
Consumer Cyclical · Apparel Retail · NYSE
The Gap, Inc. (GAP) posted $15.37B in revenue for fiscal 2026 (up 1.9% year over year), at a 5.3% net margin, and has compounded revenue about 2.2%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on The Gap, Inc.
The Gap, Inc. has grown revenue from $15.52B to $15.37B over the last 10 fiscal years, compounding about 2.2% a year. The most recent year was up 1.9%, roughly in line with its longer-run pace.
Net margin sits at 5.3%, down 0.3 points year over year on a 40.8% gross margin. It carries about $1.49B of total debt.
At today's valuation the market is pricing in roughly -2.9% annual free-cash-flow growth.
Synthesised from The Gap, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
The Gap, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.52B | $15.86B | $16.58B | $16.38B | $13.80B | $16.67B | $15.62B | $14.89B | $15.09B | $15.37B |
| Gross profit | $5.64B | $6.07B | $6.32B | $6.13B | $4.71B | $6.64B | $5.36B | $5.78B | $6.23B | $6.27B |
| Net income | $676.00M | $848.00M | $1.00B | $351.00M | $-665.00M | $256.00M | $-202.00M | $502.00M | $844.00M | $816.00M |
| Net margin | 4.4% | 5.3% | 6.0% | 2.1% | -4.8% | 1.5% | -1.3% | 3.4% | 5.6% | 5.3% |
Source: The Gap, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
The Gap, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into GAP stock?
At today's market cap of $7.65B, The Gap, Inc. is priced for free-cash-flow growth of about -2.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $823.00M from the FY ending 2026-01-31). For comparison, revenue 2.2%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of The Gap, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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The Gap, Inc. financial history by metric
Compare The Gap, Inc. with peers
About The Gap, Inc.
The Gap, Inc. operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. The company offers its products through company-operated stores, franchise stores, websites, and third-party arrangements, as well as licensing partnerships. It has franchise agreements to operate Old Navy, Gap, Banana Republic, and Athleta in Asia, Europe, Latin America, the Middle East, and Africa. The Gap, Inc. was incorporated in 1969 and is headquartered in San Francisco, California.
The Gap, Inc. — frequently asked questions
What is The Gap, Inc.'s revenue?
The Gap, Inc. (GAP) reported revenue of $15.37B for fiscal year 2026, up 1.9% from the prior year, according to its SEC filings.
Is The Gap, Inc. profitable?
Yes. GAP earned net income of $816.00M in fiscal 2026, a net margin of 5.3%.
What is GAP's P/E ratio?
The Gap, Inc. trades at a price-to-earnings ratio of about 8.4 based on the latest data in our nightly-refreshed cache.
How fast is The Gap, Inc. growing?
GAP's revenue grew at roughly 2.2% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does The Gap, Inc. have?
As of fiscal year 2026, GAP carried roughly $1.49B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is The Gap, Inc.'s gross margin?
GAP's gross margin was 40.8% in fiscal 2026 — gross profit of $6.27B on revenue of $15.37B.
What is The Gap, Inc.'s market cap?
The Gap, Inc. (GAP) has a market capitalization of about $7.65B, based on the latest data in our nightly-refreshed cache.
When does The Gap, Inc.'s fiscal year end?
GAP's fiscal year ends in January. Its most recent annual filing covers the fiscal year ending 2026-01-31.
What growth is priced into GAP stock?
At today's market cap of $7.65B, The Gap, Inc. is priced for free-cash-flow growth of about -2.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $823.00M from the FY ending 2026-01-31). For comparison, revenue 2.2%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from The Gap, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.