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Gap Inc. is a global apparel retailer operating brands such as Old Navy, Gap, Banana Republic, and Athleta. The latest reporting shows a company that has improved its profitability and is now entering fiscal 2026 with positive sales momentum, even as tariffs have become a new pressure point.
Quick Answer: Gap Inc. generated $15.4 billion in net sales in fiscal 2025 and $816 million in net income. The company ended fiscal 2025 with nearly 3,500 store locations in about 35 countries, and for fiscal 2026 it expects net sales to rise 2% to 3% and adjusted EPS of about $2.20 to $2.35.
Key Gap Metrics
| Metric | Figure | Year |
|---|---|---|
| Net sales | $15.4 billion | FY2025 |
| Net income | $816 million | FY2025 |
| Store locations | Nearly 3,500 | FY2025 year-end |
| Countries with stores | About 35 | FY2025 year-end |
| Company-operated stores | 2,474 | FY2025 year-end |
| Fiscal 2026 sales outlook | Up 2% to 3% | FY2026 guidance |
| Fiscal 2026 adjusted EPS outlook | $2.20 to $2.35 | FY2026 guidance |
About Gap Inc.
Gap Inc. runs a house-of-brands model rather than relying on a single retail concept. That portfolio structure helps explain why its revenue mix, store base, and growth drivers differ widely across Old Navy, Gap, Banana Republic, and Athleta.
Gap Revenue Statistics
- 2025: $15.366 billion
- 2024: $15.1 billion
- 2023: $14.9 billion
- 2022: $15.616 billion
- 2021: $16.670 billion
- 2020: $13.800 billion
- 2019: $16.383 billion
- 2018: $16.580 billion
- 2017: $15.855 billion
- 2016: $15.516 billion
- 2015: $15.797 billion
- 2014: $16.435 billion
- 2013: $16.148 billion
Gap Net Income Statistics
- 2025: $816 million
- 2024: $844 million
- 2023: $502 million
- 2022: $202 million net loss
- 2021: $256 million
- 2020: $665 million net loss
- 2019: $351 million
- 2018: $1.003 billion
- 2017: $848 million
- 2016: $676 million
- 2015: $920 million
- 2014: $1.262 billion
- 2013: $1.280 billion
Gap Store Count Breakdown
- 2,474 company-operated stores
- Nearly 3,500 total store locations
- About 35 countries with stores
2025 Update
Gap Inc. reported $15.366 billion in full-year net sales, up 2% year over year, and $816 million in net income for fiscal 2025. Full-year operating income reached $1.1 billion, and the company delivered its eighth consecutive quarter of positive comparable sales.
2026 Update
For fiscal 2026, Gap expects net sales growth of 2% to 3%, adjusted operating margin of about 7.3% to 7.5%, and adjusted diluted EPS of approximately $2.20 to $2.35. It also expects about $650 million in capital expenditures and about-flat net store closures.
Why the 2026 Outlook Matters
The 2026 outlook matters because it shows management expects another year of topline growth, but also expects margin pressure from tariffs. That makes Gap’s 2026 performance more dependent on sourcing, pricing, and merchandise discipline than in a normal year.
FAQ
What was Gap Inc.’s revenue in 2025?
Gap Inc. reported $15.366 billion in net sales in fiscal 2025.
How much profit did Gap make in 2025?
Gap Inc. reported $816 million in net income in fiscal 2025.
How many stores does Gap Inc. have?
The company ended fiscal 2025 with nearly 3,500 store locations in about 35 countries.
What is Gap’s 2026 outlook?
Gap expects fiscal 2026 net sales to rise 2% to 3% and adjusted EPS to be approximately $2.20 to $2.35.
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