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Gap vs Urban Outfitters: revenue, profit, margins and growth compared

Gap brought in $15.4B of revenue in fiscal 2025, Urban Outfitters $6.2B in fiscal 2026. Revenue changed by +1.9% at Gap and +11.1% at Urban Outfitters on the year before, so Urban Outfitters grew faster. Gap kept 5.3% of its revenue as net profit, Urban Outfitters 7.5%. Free cash flow was $823M at Gap and $315M at Urban Outfitters.

Side by side, latest fiscal year

GAPURBN
Fiscal year endedFY2025 (January 31, 2026)FY2026 (January 31, 2026)
Revenue$15.4B$6.2B
Revenue growth+1.9%+11.1%
Net income$816M$464.9M
Net margin5.3%7.5%
Free cash flow$823M$315M
Free cash flow margin5.4%5.1%
Earnings per share (diluted)$2.13$5.06
Cash$2.6B$369.2M
Debt$1.5Bn/a
Price to earnings10.214.9
Market value$7.9B$6.5B
Dividend yield3.02%n/a
Rank by revenue in sector#82 of 778 · Consumer discretionary#175 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: $15.4BURBN FY2019: $4BURBN FY2020: $4BURBN FY2021: $3.4BURBN FY2022: $4.5BURBN FY2023: $4.8BURBN FY2024: $5.2BURBN FY2025: $5.6BURBN FY2026: $6.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
GAP $15.4BURBN $6.2B
Net income
GAP FY2018: $1BGAP FY2019: $351MGAP FY2020: -$665MGAP FY2021: $256MGAP FY2022: -$202MGAP FY2023: $502MGAP FY2024: $844MGAP FY2025: $816MURBN FY2019: $298MURBN FY2020: $168.1MURBN FY2021: $1.2MURBN FY2022: $310.6MURBN FY2023: $159.7MURBN FY2024: $287.7MURBN FY2025: $402.5MURBN FY2026: $464.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GAP $816MURBN $464.9M
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%URBN FY2019: 7.5%URBN FY2020: 4.2%URBN FY2021: 0.0%URBN FY2022: 6.8%URBN FY2023: 3.3%URBN FY2024: 5.6%URBN FY2025: 7.3%URBN FY2026: 7.5%FY18FY19FY20FY21FY22FY23FY24FY25FY26
GAP 5.3%URBN 7.5%
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%URBN FY2020: +0.8%URBN FY2021: -13.4%URBN FY2022: +31.9%URBN FY2023: +5.4%URBN FY2024: +7.5%URBN FY2025: +7.7%URBN FY2026: +11.1%FY19FY20FY21FY22FY23FY24FY25FY26
GAP +1.9%URBN +11.1%
Free cash flow
GAP FY2018: $676MGAP FY2019: $709MGAP FY2020: -$155MGAP FY2021: $115MGAP FY2022: -$78MGAP FY2023: $1.1BGAP FY2024: $1BGAP FY2025: $823MURBN FY2019: $331.7MURBN FY2020: $56.5MURBN FY2021: $126.6MURBN FY2022: $96.9MURBN FY2023: -$56.8MURBN FY2024: $309.8MURBN FY2025: $320.3MURBN FY2026: $315MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GAP $823MURBN $315M

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

Questions about Gap and Urban Outfitters

Which is bigger by revenue, Gap or Urban Outfitters?

Gap is bigger by revenue: $15.4B in fiscal 2025, against $6.2B for Urban Outfitters in fiscal 2026.

Which keeps more of its revenue as profit, Gap or Urban Outfitters?

Gap had a net margin of 5.3% in fiscal 2025; Urban Outfitters had 7.5% in fiscal 2026.

Which grew revenue faster, Gap or Urban Outfitters?

In their latest fiscal years revenue changed by +1.9% at Gap and +11.1% at Urban Outfitters.

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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