Stocks Consumer discretionary GAP
NYSE · Consumer discretionaryGap Inc (GAP)
Gap Inc brought in $15.3B of revenue over the twelve months to August 1, 2026, up 1.1% from a year earlier. Net income was $1.2B, a net margin of 8.1%. Operating cash flow minus capital spending left $823M of free cash flow in fiscal 2025. At August 1, 2026 it held $2.1B in cash against $1.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 28, 2026.
Key facts about Gap Inc
- Net worth
- Gap Inc has a market value (market cap) of $7.8B at the latest share price, and shareholders' equity of $4B on its balance sheet at August 1, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $15.4B (+1.9% year on year), with net income of $816M. Over the 12 months to August 1, 2026: revenue $15.3B, net income $1.2B.
- Cash flow
- In fiscal 2025 operations brought in $1.3B of cash; after $470M of capital spending, free cash flow was $823M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 28, 2026 and covers the period to August 1, 2026. Open on SEC EDGAR
- Next earnings report
- Gap Inc's next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Gap Inc declared dividends of $0.66 per share in fiscal 2025, a yield of 3.04% at the current price.
What Gap Inc does
Gap Inc is registered with the SEC under industry code SIC 5651 (Retail-Family Clothing Stores). Its shares trade on NYSE under the ticker GAP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.4B | $816M | $2.13 | $823M |
| 2024 | $15.1B | $844M | $2.20 | $1B |
| 2023 | $14.9B | $502M | $1.34 | $1.1B |
| 2022 | $15.6B | -$202M | -$0.55 | -$78M |
| 2021 | $16.7B | $256M | $0.67 | $115M |
| 2020 | $13.8B | -$665M | -$1.78 | -$155M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GAP ranks in Consumer discretionary
Dividends
Gap Inc declared $0.66 per share in fiscal 2025. At the current price that is a yield of 3.04%. It paid out $247M in cash dividends, 30% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.66 | $247M | 30% |
| 2024 | $0.60 | $225M | 27% |
| 2023 | $0.60 | $222M | 44% |
| 2022 | $0.60 | $220M | n/a |
| 2021 | $0.36 | $226M | 88% |
| 2020 | $0.24 | $0 | n/a |
Latest SEC filings
What Gap Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 8, 2026Activist stake changed SCHEDULE 13D/A
- October 8, 2026Passive stake (5% or more) SCHEDULE 13G
- September 15, 2026Executive or director change8-KGap Inc. appointed Kirsten Green to its board of directors effective September 15, 2026.
- September 4, 2026Activist stake changed SCHEDULE 13D/A
- September 4, 2026Activist stake changed SCHEDULE 13D/A
- August 31, 2026Activist stake changed SCHEDULE 13D/A
- August 28, 2026Quarterly report 10-Q · period to August 1, 2026Revenue fell 2% to $3.7B versus the same quarter last year; diluted EPS $1.38 versus $0.57.
- August 27, 2026
- July 21, 2026
- June 5, 2026Activist stake changed SCHEDULE 13D/A
What is GAP worth? A DCF from its reported cash flow
Insider trades
What the people running Gap Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $24.2M worth of shares in the last 90 days and bought none on the open market. 3% of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 6, 2026 | Fisher William SydneyDirector, 10% owner | Sold | 500,000 | $11.9M |
| October 6, 2026 | Gruber JulieChief Legal&Compliance Officer | Soldpre-planned (10b5-1) | 27,538 | $648.7K |
| October 5, 2026 | Fisher William SydneyDirector, 10% owner | Sold | 433,656 | $10.1M |
| September 30, 2026 | Fisher William SydneyDirector, 10% owner | Sold | 66,344 | $1.5M |
| September 29, 2026 | Fisher Robert JDirector, 10% owner | Gave as a gift | 43,250 | - |
| September 29, 2026 | Fisher William SydneyDirector, 10% owner | Gave as a gift | 21,625 | - |
| September 2, 2026 | Fisher John J10% owner | Other changeindirect | 4,003,636 | - |
| September 2, 2026 | Fisher John J10% owner | Other change | 3,636 | - |
Who owns GAP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| William S. Fisher13D, may seek influence | 13.5% | October 8, 2026 |
| John J. Fisher13D, may seek influence | 13% | September 4, 2026 |
| Robert J. Fisher13D, may seek influence | 13% | September 4, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.5% | October 8, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 486 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 22,956,325 | +969,656 |
| Dimensional Fund Advisors LP | 16,185,278 | +1,933,104 |
| Aqr Capital Management LLC | 14,683,484 | +3,128,166 |
| Vanguard Portfolio Management LLC | 11,822,247 | +230,292 |
| Vanguard Capital Management LLC | 10,522,329 | -146,970 |
| Arrowstreet Capital, Limited Partnership | 9,093,286 | +4,549,057 |
| State Street Corp | 7,786,620 | +85,136 |
| Victory Capital Management Inc | 6,136,666 | +697,485 |
| Fmr LLC | 4,421,014 | -2,504,398 |
| Goldman Sachs Group Inc | 4,409,938 | +3,019,570 |
| Geode Capital Management, LLC | 4,141,132 | -40,357 |
| Jpmorgan Chase & Co | 3,923,123 | -602,996 |
| Franklin Resources Inc | 3,914,896 | -1,435,687 |
| Gilder Gagnon Howe & Co LLC | 3,660,756 | -11,292 |
| First Trust Advisors LP | 3,559,763 | +1,304,116 |
| Khall LLC | 3,389,284 | 0 |
| Norges Bank | 3,383,275 | new |
| Allianz Asset Management GmbH | 2,591,920 | +1,170 |
| Ameriprise Financial Inc | 3,170,094 | -8,948,580 |
| Bank of New York Mellon Corp | 3,029,311 | -103,463 |
Insiders
15 insiders reported holding 90,543,460 shares in total, about $1.96B at the last price.
| Holder | Shares |
|---|---|
| Fisher William SydneyDirector, 10% owner | 31,914,10916,010,911 held indirectly |
| Fisher Robert JDirector, 10% owner | 28,634,02716,010,911 held indirectly |
| Fisher John J10% owner | 28,488,52918,016,364 held indirectly |
| Dickson RichardPresident & CEO, Gap Inc., Director | 790,555 |
| Shattuck Mayo A IIIDirector | 200,118 |
| Breitbard MarkPresident & CEO, Gap Brand | 132,471 |
| Barbeito HoracioPresident & CEO, Old Navy | 115,024 |
| Thompson Amanda JChief People Officer | 86,228 |
| O'Neill ChrisDirector | 55,308 |
| Hall Kathryn A.Director | 43,982 |
Questions about GAP
What does Gap Inc do?
Gap Inc is a company in the Consumer discretionary sector, listed on NYSE as GAP. Its shares trade on NYSE under the ticker GAP.
What is Gap Inc's net worth?
Gap Inc has a market value (market cap) of $7.8B at the latest share price, and shareholders' equity of $4B on its balance sheet at August 1, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Gap Inc profitable?
Yes. Over the twelve months to August 1, 2026 it reported net income of $1.2B on revenue of $15.3B, a net margin of 8.1%.
How much revenue does Gap Inc make?
Over the twelve months to August 1, 2026 Gap Inc reported revenue of $15.3B. That is 1.1% more than a year earlier.
When did Gap Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 28, 2026. It covers the period to August 1, 2026. Its newest filing of any kind is the new insider holdings from November 3, 2026.
When is Gap Inc's next earnings report?
Gap Inc's next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Gap Inc pay a dividend?
Yes. Gap Inc declared dividends of $0.66 per share in fiscal 2025, a yield of 3.04% at the current price.
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Where the numbers come from
Financial figures are the values Gap Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.