GAP Q2 2023 Earnings — The Gap, Inc. Revenue & Financial Results | Market Cap Arena

GAPThe Gap, Inc.

$9B

Q2 2023 Earnings

Consumer Cyclical Apparel - Retail

Income Statement

Revenue

$3.5B-8.0% YoY

Gross Profit

$1.3B37.6% margin

Operating Income

$106M3.0% margin

Net Income

$117M3.3% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$513M

Free Cash Flow

$431M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$8.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$3.9B	-8.0%
Gross Profit	$1.3B	$1.3B	+0.2%
Operating Income	$106M	-$28M	+478.6%
Net Income	$117M	-$49M	+338.8%