The Gap, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.62B | $2.34B | $1.87B | $1.22B | $877.0M | $1.99B | $1.36B | $1.08B |
| Accounts Receivable | $316.0M | $301.0M | $289.0M | $340.0M | $399.0M | $363.0M | $316.0M | $321.0M |
| Inventory | $2.21B | $2.07B | $2.00B | $2.39B | $3.02B | $2.45B | $2.16B | $2.13B |
| Total Current Assets | $5.78B | $5.20B | $4.40B | $4.62B | $5.17B | $6.01B | $4.52B | $4.25B |
| Property, Plant & Equipment | $2.51B | $2.50B | $2.57B | $2.69B | $3.04B | $2.84B | $3.12B | $2.91B |
| Goodwill | $207.0M | $207.0M | $207.0M | $207.0M | $207.0M | $109.0M | $109.0M | $109.0M |
| Intangible Assets (Excl. Goodwill) | $4.0M | $10.0M | $18.0M | $27.0M | $36.0M | $0 | — | — |
| Total Assets | $12.63B | $11.89B | $11.04B | $11.39B | $12.76B | $13.77B | $13.68B | $8.05B |
| Liabilities | ||||||||
| Accounts Payable | $1.57B | $1.49B | $1.35B | $1.32B | $1.95B | $1.74B | $1.17B | $1.13B |
| Total Current Liabilities | $3.30B | $3.26B | $3.10B | $3.26B | $4.08B | $3.88B | $3.21B | $2.17B |
| Long-Term Debt | $1.49B | $1.49B | $1.49B | $1.49B | $1.48B | $2.22B | $1.25B | $1.25B |
| Total Liabilities | $8.83B | $8.62B | $8.45B | $9.15B | $10.04B | $11.16B | $10.36B | $4.50B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $3.61B | $3.04B | $2.42B | $2.14B | $2.62B | $2.50B | $3.26B | $3.48B |
| Total Stockholders' Equity | $3.80B | $3.26B | $2.60B | $2.23B | $2.72B | $2.61B | $3.32B | $3.55B |