GAP Q3 2023 Earnings — The Gap, Inc. Revenue & Financial Results | Market Cap Arena

GAPThe Gap, Inc.

$9B

Q3 2023 Earnings

Consumer Cyclical Apparel - Retail

Income Statement

Revenue

$3.8B-6.7% YoY

Gross Profit

$1.6B41.3% margin

Operating Income

$250M6.6% margin

Net Income

$218M5.8% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$304M

Free Cash Flow

$215M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$8.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$4.0B	-6.7%
Gross Profit	$1.6B	$1.5B	+3.1%
Operating Income	$250M	$186M	+34.4%
Net Income	$218M	$282M	-22.7%