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Gap vs Lands' End: revenue, profit, margins and growth compared

Gap brought in $15.4B of revenue in fiscal 2025, Lands' End $1.3B in fiscal 2025. Revenue changed by +1.9% at Gap and -2.0% at Lands' End on the year before, so Gap grew faster. Gap kept 5.3% of its revenue as net profit, Lands' End 0.4%. Free cash flow was $823M at Gap and $20.4M at Lands' End.

Side by side, latest fiscal year

GAPLE
Fiscal year endedFY2025 (January 31, 2026)FY2025 (January 30, 2026)
Revenue$15.4B$1.3B
Revenue growth+1.9%-2.0%
Net income$816M$5.5M
Net margin5.3%0.4%
Free cash flow$823M$20.4M
Free cash flow margin5.4%1.5%
Earnings per share (diluted)$2.13$0.18
Cash$2.6B$17.7M
Debt$1.5B$227.2M
Price to earnings10.257.0
Market value$7.9B$315.4M
Dividend yield3.02%n/a
Rank by revenue in sector#82 of 778 · Consumer discretionary#419 of 778 · Consumer discretionary

Over the years

Revenue
GAP FY2018: $16.6BGAP FY2019: $16.4BGAP FY2020: $13.8BGAP FY2021: $16.7BGAP FY2022: $15.6BGAP FY2023: $14.9BGAP FY2024: $15.1BGAP FY2025: $15.4BLE FY2018: $1.5BLE FY2019: $1.5BLE FY2020: $1.4BLE FY2022: $1.6BLE FY2022: $1.6BLE FY2023: $1.5BLE FY2024: $1.4BLE FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25
GAP $15.4BLE $1.3B
Net income
GAP FY2018: $1BGAP FY2019: $351MGAP FY2020: -$665MGAP FY2021: $256MGAP FY2022: -$202MGAP FY2023: $502MGAP FY2024: $844MGAP FY2025: $816MLE FY2018: $11.6MLE FY2019: $19.3MLE FY2020: $10.8MLE FY2022: $33.4MLE FY2022: -$12.5MLE FY2023: -$130.7MLE FY2024: $6.2MLE FY2025: $5.5MFY18FY19FY20FY21FY22FY23FY24FY25
GAP $816MLE $5.5M
Net margin
GAP FY2018: 6.0%GAP FY2019: 2.1%GAP FY2020: -4.8%GAP FY2021: 1.5%GAP FY2022: -1.3%GAP FY2023: 3.4%GAP FY2024: 5.6%GAP FY2025: 5.3%LE FY2018: 0.8%LE FY2019: 1.3%LE FY2020: 0.8%LE FY2022: 2.0%LE FY2022: -0.8%LE FY2023: -8.9%LE FY2024: 0.5%LE FY2025: 0.4%FY18FY19FY20FY21FY22FY23FY24FY25
GAP 5.3%LE 0.4%
Revenue growth
GAP FY2019: -1.2%GAP FY2020: -15.8%GAP FY2021: +20.8%GAP FY2022: -6.3%GAP FY2023: -4.7%GAP FY2024: +1.3%GAP FY2025: +1.9%LE FY2019: -0.1%LE FY2020: -1.6%LE FY2022: +14.7%LE FY2022: -5.0%LE FY2023: -5.3%LE FY2024: -7.4%LE FY2025: -2.0%FY19FY20FY21FY22FY23FY24FY25
GAP +1.9%LE -2.0%
Free cash flow
GAP FY2018: $676MGAP FY2019: $709MGAP FY2020: -$155MGAP FY2021: $115MGAP FY2022: -$78MGAP FY2023: $1.1BGAP FY2024: $1BGAP FY2025: $823MLE FY2018: $3.3MLE FY2019: -$11.6MLE FY2020: $61.5MLE FY2022: $45.3MLE FY2022: -$68.2MLE FY2023: $95.6MLE FY2024: $15.4MLE FY2025: $20.4MFY18FY19FY20FY21FY22FY23FY24FY25
GAP $823MLE $20.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Gap and Lands' End

Which is bigger by revenue, Gap or Lands' End?

Gap is bigger by revenue: $15.4B in fiscal 2025, against $1.3B for Lands' End in fiscal 2025.

Which keeps more of its revenue as profit, Gap or Lands' End?

Gap had a net margin of 5.3% in fiscal 2025; Lands' End had 0.4% in fiscal 2025.

Which grew revenue faster, Gap or Lands' End?

In their latest fiscal years revenue changed by +1.9% at Gap and -2.0% at Lands' End.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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