GAP Q2 2024 Earnings — The Gap, Inc. Revenue & Financial Results | Market Cap Arena

GAPThe Gap, Inc.

$9B

Q2 2024 Earnings

Consumer Cyclical Apparel - Retail

Income Statement

Revenue

$3.7B+4.8% YoY

Gross Profit

$1.6B42.6% margin

Operating Income

$293M7.9% margin

Net Income

$206M5.5% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$549M

Free Cash Flow

$460M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$8.6B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.5B	+4.8%
Gross Profit	$1.6B	$1.3B	+18.8%
Operating Income	$293M	$106M	+176.4%
Net Income	$206M	$117M	+76.1%