<span item_type="fundamental" item_id="34271f2c6a4949dc374cad9b4c1d0226" counter_id="ST/US/GAP" env="prod"></span><span item_type="announcement" item_id="586730837354089217" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 3.942 B, beating the estimate of USD 3.904 B.</p><p>EPS: As of FY2026 Q3, the actual value is USD 0.62, beating the estimate of USD 0.5872.</p><p>EBIT: As of FY2026 Q3, the actual value is USD 331 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Net Sales</strong>: $3,942 million for the third quarter of fiscal 2025, an increase of 3% compared to $3,829 million in the third quarter of fiscal 2024. For the first three quarters of fiscal 2025, net sales were $11,130 million, up 2% from $10,937 million in the same period of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Gross Profit</strong>: $1,670 million for the third quarter of fiscal 2025, compared to $1,635 million in the third quarter of fiscal 2024. Gross margin was 42.4% in the third quarter of fiscal 2025, slightly down from 42.7% in the third quarter of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li><li><strong>Operating Income</strong>: $334 million for the third quarter of fiscal 2025, compared to $355 million in the third quarter of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li><li><strong>Net Income</strong>: $236 million for the third quarter of fiscal 2025, compared to $274 million in the third quarter of fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $607 million for the first three quarters of fiscal 2025, compared to $870 million for the same period in fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li><li><strong>Free Cash Flow</strong>: $280 million for the first three quarters of fiscal 2025, compared to $540 million for the same period in fiscal 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on maintaining financial and operational rigor, reinvigorating brands, strengthening the operating platform with a digital-first mindset, and integrating sustainability into business practices.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li><li><strong>Non-Core Business</strong>: The company continues to monitor the impact of increased tariff rates and uncertainty surrounding changes in U.S. trade policy, which are expected to impact gross margins in future quarters.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li></ul><h3>Priority</h3><ul><li><strong>Strategic Initiatives</strong>: The company is pursuing mitigating actions including adjustments to sourcing, manufacturing, assortments, and pricing to address macroeconomic volatility and tariff impacts.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/39911/000162828025053934/gap-20251101.htm"></span></li></ul>

GAP | 10-Q: FY2026 Q3 Revenue Beats Estimate at USD 3.942 B