What is the primary revenue source for The Gap (GAP)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze GAP's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out The Gap's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How The Gap Makes Money: GAP Revenue Breakdown (2027)

Operations

Where did the money come from, and where was it spent?

Neutral

Revenue and operating profit showed little change or moved in different directions year over year, with no clear trend.

The largest revenue segment accounts for 63.53% of revenue, indicating concentration.

Operating margin improved by 8 percentage points year over year.

Revenue: USD 7.15B
Largest revenue segment share (Store and Franchise Sales): 63.53%
Cost of revenue: USD 3.80B
Income tax expense: USD 290.00M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

RevenueNet sales · Revenues
Cost of revenueCost of goods sold and occupancy expenses · CostOfGoodsAndServicesSold
Income tax expenseIncome taxes · IncomeTaxExpenseBenefit
Largest revenue segment share (Store and Franchise Sales)Store and Franchise Sales · segment_value / revenue * 100
Operating marginOperating income (loss) · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Steady

The company has a net cash position and relies primarily on its own capital.

Property, plant and equipment: USD 2.56B
Cash and cash equivalents: USD 2.10B
Shareholder equity: USD 3.95B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Shareholder equityStockholders' equity attributable to parent · StockholdersEquity
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue
Property, plant and equipmentProperty and equipment, net of accumulated depreciation · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Net income: USD 840.00M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Net incomeNet income (loss) · NetIncomeLoss

Some conclusions lack complete source metrics and should be interpreted cautiously.

Capital expenditure data is missing, so free cash flow cannot be calculated.

Shareholders

Did the money earned actually make its way back to shareholders?

Neutral

The company returned cash to shareholders, but free cash flow data is missing, so coverage cannot be assessed.

Cash dividends: USD 125.00M
Share repurchases: USD 601.00M
Net shareholder return: USD 726.00M

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Cash dividendsPayments of dividends · PaymentsOfDividends · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?