Gap annual free cash flow
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2023
2024
2025
Gap Free Cash Flow (FCF) History (GAP)
Gap reported $823.0M in free cash flow for fiscal 2025, a decrease of 20.79% from the previous fiscal year, with a free cash flow margin of 5.36%.
View full Gap company overviewGap free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2026-01-31 | $823.0M | −$216.0M | −20.79% | +5.36% |
| 2024 | 2025-02-01 | $1.04B | −$73.0M | −6.56% | +6.89% |
| 2023 | 2024-02-03 | $1.11B | $1.19B | — | +7.47% |
| 2022 | 2023-01-28 | −$78.0M | −$193.0M | — | −0.50% |
| 2021 | 2022-01-29 | $115.0M | $270.0M | — | +0.69% |
| 2020 | 2021-01-30 | −$155.0M | −$864.0M | — | −1.12% |
| 2019 | 2020-02-01 | $709.0M | $33.0M | +4.88% | +4.33% |
| 2018 | 2019-02-02 | $676.0M | $27.0M | +4.16% | +4.08% |
| 2017 | 2018-02-03 | $649.0M | −$546.0M | −45.69% | +4.09% |
| 2016 | 2017-01-28 | $1.20B | $327.0M | +37.67% | +7.70% |
| 2015 | 2016-01-30 | $868.0M | −$547.0M | −38.66% | +5.49% |
| 2014 | 2015-01-31 | $1.42B | $380.0M | +36.71% | +8.61% |
| 2013 | 2014-02-01 | $1.03B | −$242.0M | −18.95% | +6.41% |
| 2012 | 2013-02-02 | $1.28B | $462.0M | +56.69% | +8.16% |
| 2011 | 2012-01-28 | $815.0M | −$372.0M | −31.34% | +5.60% |
| 2010 | 2011-01-29 | $1.19B | −$407.0M | −25.53% | +8.09% |
| 2009 | 2010-01-30 | $1.59B | $613.0M | +62.49% | +11.23% |
| 2008 | 2009-01-31 | $981.0M | −$418.0M | −29.88% | +6.75% |
| 2007 | 2008-02-02 | $1.40B | — | — | +8.88% |
Gap quarterly free cash flow
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2026 | 2026-05-02 | $78.0M | $301.0M | — | +2.23% |
| Q4 2025 | 2026-01-31 | $543.0M | $44.0M | +8.82% | +12.82% |
| Q3 2025 | 2025-11-01 | $153.0M | $10.0M | +6.99% | +3.88% |
| Q2 2025 | 2025-08-02 | $350.0M | −$110.0M | −23.91% | +9.40% |
| Q1 2025 | 2025-05-03 | −$223.0M | −$160.0M | — | −6.44% |
| Q4 2024 | 2025-02-01 | $499.0M | −$69.0M | −12.15% | +12.03% |
| Q3 2024 | 2024-11-02 | $143.0M | −$72.0M | −33.49% | +3.73% |
| Q2 2024 | 2024-08-03 | $460.0M | $29.0M | +6.73% | +12.37% |
| Q1 2024 | 2024-05-04 | −$63.0M | $39.0M | — | −1.86% |
| Q4 2023 | 2024-02-03 | $568.0M | −$43.0M | −7.04% | +13.22% |
| Q3 2023 | 2023-10-28 | $215.0M | $291.0M | — | +5.71% |
| Q2 2023 | 2023-07-29 | $431.0M | $454.0M | — | +12.15% |
| Q1 2023 | 2023-04-29 | −$102.0M | $488.0M | — | −3.11% |
| Q4 2022 | 2023-01-28 | $611.0M | $692.0M | — | +14.40% |
| Q3 2022 | 2022-10-29 | −$76.0M | $251.0M | — | −1.88% |
| Q2 2022 | 2022-07-30 | −$23.0M | −$330.0M | — | −0.60% |
| Q1 2022 | 2022-04-30 | −$590.0M | −$806.0M | — | −16.97% |
| Q4 2021 | 2022-01-29 | −$81.0M | $185.0M | — | −1.79% |
| Q3 2021 | 2021-10-30 | −$327.0M | −$733.0M | — | −8.29% |
| Q2 2021 | 2021-07-31 | $307.0M | −$460.0M | −59.97% | +7.29% |
| Q1 2021 | 2021-05-01 | $216.0M | $1.28B | — | +5.41% |
| Q4 2020 | 2021-01-30 | −$266.0M | −$970.0M | — | −6.01% |
| Q3 2020 | 2020-10-31 | $406.0M | $660.0M | — | +10.17% |
| Q2 2020 | 2020-08-01 | $767.0M | $372.0M | +94.18% | +23.42% |
| Q1 2020 | 2020-05-02 | −$1.06B | −$926.0M | — | −50.40% |
| Q4 2019 | 2020-02-01 | $704.0M | $85.0M | +13.73% | +15.06% |
| Q3 2019 | 2019-11-02 | −$254.0M | −$91.0M | — | −6.35% |
| Q2 2019 | 2019-08-03 | $395.0M | −$29.0M | −6.84% | +9.86% |
| Q1 2019 | 2019-05-04 | −$136.0M | $68.0M | — | −3.67% |
| Q4 2018 | 2019-02-02 | $619.0M | $107.0M | +20.90% | +13.39% |
| Q3 2018 | 2018-11-03 | −$163.0M | −$89.0M | — | −3.99% |
| Q2 2018 | 2018-08-04 | $424.0M | $194.0M | +84.35% | +10.38% |
| Q1 2018 | 2018-05-05 | −$204.0M | −$185.0M | — | −5.39% |
| Q4 2017 | 2018-02-03 | $512.0M | −$266.0M | −34.19% | +10.72% |
| Q3 2017 | 2017-10-28 | −$74.0M | −$27.0M | — | −1.93% |
| Q2 2017 | 2017-07-29 | $230.0M | −$205.0M | −47.13% | +6.05% |
| Q1 2017 | 2017-04-29 | −$19.0M | −$48.0M | — | −0.55% |
| Q4 2016 | 2017-01-28 | $778.0M | $139.0M | +21.75% | +17.57% |
| Q3 2016 | 2016-10-29 | −$47.0M | $65.0M | — | −1.24% |
| Q2 2016 | 2016-07-30 | $435.0M | $155.0M | +55.36% | +11.30% |
| Q1 2016 | 2016-04-30 | $29.0M | −$32.0M | −52.46% | +0.84% |
| Q4 2015 | 2016-01-30 | $639.0M | −$170.0M | −21.01% | +14.57% |
| Q3 2015 | 2015-10-31 | −$112.0M | −$50.0M | — | −2.90% |
| Q2 2015 | 2015-08-01 | $280.0M | −$37.0M | −11.67% | +7.18% |
| Q1 2015 | 2015-05-02 | $61.0M | −$290.0M | −82.62% | +1.67% |
| Q4 2014 | 2015-01-31 | $809.0M | $240.0M | +42.18% | +17.18% |
| Q3 2014 | 2014-11-01 | −$62.0M | $14.0M | — | −1.56% |
| Q2 2014 | 2014-08-02 | $317.0M | −$20.0M | −5.93% | +7.96% |
| Q1 2014 | 2014-05-03 | $351.0M | $146.0M | +71.22% | +9.30% |
| Q4 2013 | 2014-02-01 | $569.0M | $68.0M | +13.57% | +12.44% |
| Q3 2013 | 2013-11-02 | −$76.0M | −$179.0M | — | −1.91% |
| Q2 2013 | 2013-08-03 | $337.0M | −$120.0M | −26.26% | +8.71% |
| Q1 2013 | 2013-05-04 | $205.0M | −$11.0M | −5.09% | +5.50% |
| Q4 2012 | 2013-02-02 | $501.0M | −$92.0M | −15.51% | +10.60% |
| Q3 2012 | 2012-10-27 | $103.0M | $179.0M | — | +2.67% |
| Q2 2012 | 2012-07-28 | $457.0M | $263.0M | +135.57% | +12.78% |
| Q1 2012 | 2012-04-28 | $216.0M | $112.0M | +107.69% | +6.19% |
| Q4 2011 | 2012-01-28 | $593.0M | −$71.0M | −10.69% | +13.85% |
| Q3 2011 | 2011-10-29 | −$76.0M | −$307.0M | — | −2.12% |
| Q2 2011 | 2011-07-30 | $194.0M | $124.0M | +177.14% | +5.73% |
| Q1 2011 | 2011-04-30 | $104.0M | −$118.0M | −53.15% | +3.16% |
| Q4 2010 | 2011-01-29 | $664.0M | $1.0M | +0.15% | +15.22% |
| Q3 2010 | 2010-10-30 | $231.0M | −$111.0M | −32.46% | +6.32% |
| Q2 2010 | 2010-07-31 | $70.0M | −$380.0M | −84.44% | +2.11% |
| Q1 2010 | 2010-05-01 | $222.0M | $83.0M | +59.71% | +6.67% |
| Q4 2009 | 2010-01-30 | $663.0M | $498.0M | +301.82% | +15.65% |
| Q3 2009 | 2009-10-31 | $342.0M | — | — | +9.53% |
| Q2 2009 | 2009-08-01 | $450.0M | — | — | +13.87% |
| Q1 2009 | 2009-05-02 | $139.0M | — | — | +4.45% |
| Q3 2008 | 2008-11-01 | $165.0M | — | — | +4.63% |
Gap free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$155.0M to $823.0M, a net increase of $978.0M. Gap's latest reported quarter, Q1 2026, generated $78.0M in free cash flow, an increase of $301.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Gap filings at SEC.gov ↗