Financial insights of GAP

MyFinsight

Income Statement	2026-05-02	2026-01-31	2025-11-01	2025-08-02
Net sales	3,497	4,236	3,942	3,725
Cost of goods sold and occupancy expenses	2,080	2,622	2,272	2,189
Gross profit	1,417	1,614	1,670	1,536
Operating expenses	972	1,385	1,336	1,244
Operating income (loss)	445	229	334	292
Interest expense	22	24	23	23
Interest income	27	31	26	27
Income (loss) before income taxes	450	236	337	296
Income taxes	111	65	101	80
Net income (loss)	339	171	236	216

Basic EPS	0.92	0.46	0.63	0.58
Diluted EPS	0.9	0.433	0.62	0.57
Basic Average Shares	367,000,000	372,000,000	372,000,000	373,000,000
Diluted Average Shares	378,000,000	395,000,000	380,000,000	379,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.