GAP Q1 2024 Earnings — The Gap, Inc. Revenue & Financial Results | Market Cap Arena

GAPThe Gap, Inc.

$9B

Q1 2024 Earnings

Consumer Cyclical Apparel - Retail

Income Statement

Revenue

$3.4B+3.4% YoY

Gross Profit

$1.4B41.2% margin

Operating Income

$205M6.1% margin

Net Income

$158M4.7% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-21.2%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

-$63M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$8.2B

Stockholders' Equity

$2.7B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.3B	+3.4%
Gross Profit	$1.4B	$1.2B	+15.1%
Operating Income	$205M	-$10M	+2150.0%
Net Income	$158M	-$18M	+977.8%