Financial Statements — GAP
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.10 | 2.16 | 2.26 | 2.19 | 1.98 | 1.97 | 1.90 | 1.53 | 1.35 | 1.35 | 1.17 | 0.68 | 0.71 | 0.85 | 0.80 | 2.38 | 2.07 |
| Short-term Investments | 0.38 | 0.40 | 0.26 | 0.24 | 0.24 | 0.25 | 0.25 | 0.20 | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.28 | -- | -- |
| Total Current Assets | 5.87 | 5.24 | 5.64 | 5.38 | 4.88 | 5.13 | 4.81 | 4.20 | 4.37 | 4.24 | 4.28 | 5.04 | 4.95 | 5.01 | 5.21 | 6.19 | 6.00 |
| Property, Plant & Equipment | 2.56 | 2.54 | 2.52 | 2.48 | 2.47 | 2.55 | 2.53 | 2.53 | 2.55 | 2.60 | 2.65 | 2.79 | 2.81 | 2.79 | 2.92 | 2.90 | 2.84 |
| Total Non-current Assets* | 6.99 | 6.90 | 6.73 | 6.77 | 6.68 | 6.72 | 6.70 | 6.71 | 6.68 | 6.61 | 6.65 | 6.96 | 7.22 | 7.25 | 7.57 | 7.57 | 7.60 |
| Total Assets | 12.86 | 12.14 | 12.37 | 12.15 | 11.57 | 11.85 | 11.51 | 10.91 | 11.05 | 10.85 | 10.93 | 12.00 | 12.17 | 12.26 | 12.78 | 13.76 | 13.60 |
| Accounts Payable | 1.70 | 1.30 | 1.55 | 1.66 | 1.29 | 1.52 | 1.52 | 1.20 | 1.43 | 1.41 | 1.20 | 1.39 | 1.64 | 1.60 | 1.63 | 1.58 | 1.53 |
| Total Current Liabilities | 3.22 | 2.90 | 3.28 | 3.20 | 2.85 | 3.33 | 3.22 | 2.81 | 3.14 | 3.01 | 2.92 | 3.38 | 3.61 | 3.47 | 3.82 | 3.65 | 3.64 |
| Long-term Debt | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.49 | 1.48 | 2.22 | 2.22 |
| Total Non-current Liabilities | 5.68 | 5.58 | 5.44 | 5.52 | 5.39 | 5.39 | 5.38 | 5.40 | 5.45 | 5.58 | 5.83 | 6.05 | 6.25 | 6.33 | 6.17 | 7.09 | 7.16 |
| Total Liabilities* | 8.90 | 8.48 | 8.72 | 8.71 | 8.24 | 8.72 | 8.61 | 8.20 | 8.59 | 8.59 | 8.75 | 9.43 | 9.87 | 9.80 | 9.99 | 10.74 | 10.80 |
| Retained Earnings | 3.89 | 3.60 | 3.50 | 3.33 | 3.17 | 2.89 | 2.67 | 2.52 | 2.29 | 2.13 | 2.07 | 2.47 | 2.24 | 2.39 | 2.68 | 2.88 | 2.67 |
| Total Stockholder Equity | 3.95 | 3.66 | 3.65 | 3.43 | 3.32 | 3.14 | 2.90 | 2.71 | 2.46 | 2.26 | 2.19 | 2.57 | 2.31 | 2.45 | 2.79 | 3.02 | 2.81 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 3.65 | 3.50 | 4.24 | 3.94 | 3.73 | 3.46 | 4.30 | 3.83 | 3.72 | 3.39 | 4.24 | 3.77 | 3.55 | 3.28 | 4.53 | 4.04 | 3.86 | 3.48 | 4.42 | 3.94 |
| Cost of Revenue | 1.72 | 2.08 | 2.62 | 2.27 | 2.19 | 2.02 | 2.63 | 2.19 | 2.14 | 1.99 | 2.82 | 2.21 | 2.22 | 2.06 | 3.00 | 2.53 | 2.53 | 2.38 | 2.76 | 2.28 |
| Gross Profit | 1.93 | 1.42 | 1.61 | 1.67 | 1.54 | 1.45 | 1.67 | 1.64 | 1.58 | 1.40 | 1.42 | 1.56 | 1.33 | 1.21 | 1.52 | 1.51 | 1.33 | 1.10 | 1.67 | 1.66 |
| Total Operating Expenses | 1.25 | 0.97 | 1.39 | 1.34 | 1.24 | 1.19 | 1.46 | 1.28 | 1.29 | 1.19 | 1.45 | 1.31 | 1.23 | 1.22 | 1.52 | 1.32 | 1.36 | 1.29 | 1.53 | 1.51 |
| Operating Income | 0.68 | 0.45 | 0.23 | 0.33 | 0.29 | 0.26 | 0.21 | 0.36 | 0.29 | 0.21 | (0.03) | 0.25 | 0.11 | (0.01) | 0.01 | 0.19 | (0.03) | (0.20) | 0.13 | 0.15 |
| Interest Expense | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.06 | 0.04 |
| Pretax Income | 0.68 | 0.45 | 0.24 | 0.34 | 0.30 | 0.26 | 0.22 | 0.36 | 0.30 | 0.21 | (0.04) | 0.25 | 0.11 | (0.02) | (0.04) | 0.17 | (0.05) | (0.22) | 0.08 | (0.21) |
| Tax Provision | 0.18 | 0.11 | 0.07 | 0.10 | 0.08 | 0.07 | 0.03 | 0.09 | 0.09 | 0.05 | 0.23 | 0.03 | (0.01) | -0.00 | 0.01 | (0.11) | 0.00 | (0.05) | (0.16) | (0.06) |
| Net Income | 0.50 | 0.34 | 0.17 | 0.24 | 0.22 | 0.19 | 0.19 | 0.27 | 0.21 | 0.16 | (0.27) | 0.22 | 0.12 | (0.02) | (0.02) | 0.28 | (0.05) | (0.16) | 0.23 | (0.15) |
| Basic EPS | 1.41 | 0.92 | 0.47 | 0.63 | 0.58 | 0.51 | 0.50 | 0.73 | 0.55 | 0.42 | (0.75) | 0.59 | 0.32 | (0.05) | (0.04) | 0.77 | (0.13) | (0.44) | 0.65 | (0.40) |
| Diluted EPS | 1.38 | 0.90 | 0.43 | 0.62 | 0.57 | 0.51 | 0.49 | 0.72 | 0.54 | 0.41 | (0.75) | 0.58 | 0.32 | (0.05) | (0.03) | 0.77 | (0.13) | (0.44) | 0.65 | (0.40) |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | 0.34 | 0.21 | 0.69 | 0.30 | 0.45 | (0.14) | 0.01 | 0.29 | 0.55 | 0.03 | 0.30 | 0.51 | 0.02 | 0.10 | 0.16 | (0.36) | (0.11) | 0.45 | 0.34 |
| Capital Expenditures | 0.15 | 0.14 | 0.14 | 0.15 | 0.10 | 0.08 | -- | 0.15 | 0.09 | 0.09 | 0.09 | 0.08 | 0.12 | 0.17 | 0.18 | 0.23 | 0.22 | 0.14 | 0.12 |
| Free Cash Flow* | 0.18 | 0.08 | 0.54 | 0.15 | 0.35 | (0.22) | -- | 0.14 | 0.46 | (0.06) | 0.22 | 0.43 | (0.10) | (0.08) | (0.02) | (0.59) | (0.33) | 0.31 | 0.22 |
| Investing Cash Flow | (0.14) | (0.15) | (0.27) | (0.16) | (0.09) | (0.07) | -- | (0.15) | (0.13) | (0.29) | (0.09) | (0.08) | (0.03) | (0.05) | (0.18) | 0.11 | (0.29) | (0.06) | (0.16) |
| Financing Cash Flow | (0.26) | (0.52) | (0.06) | (0.07) | (0.14) | (0.15) | -- | (0.07) | (0.05) | (0.08) | (0.21) | (0.25) | (0.06) | (0.06) | (0.11) | 0.23 | (1.17) | (0.08) | (0.10) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q4
2020 |
|---|
| Dividends Per Share | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.12 | 0.12 | 0.24 |
