# GAP INC

Summary updated: 2026-10-02T15:58:38.411705Z
Canonical: https://finbar.com/research/companies/gap-inc

## Overview

Gap Inc. is a global apparel and accessories retailer, operating through its Old Navy, Gap, Banana Republic, and Athleta brands. It sells clothing and related products for adults and children through company-operated stores, franchise locations, and online channels. Its stated purpose is “We bridge gaps to create a better world.” [1](https://app.finbar.com/go?id=P64256624) [2](https://www.gapinc.com/en-us/impact)

For fiscal 2025, Gap Inc. reported net sales of $15.366 billion. [3](https://app.finbar.com/go?id=T13597271) The company had nearly 3,500 store locations in about 35 countries, with company-operated stores in the United States, Canada, Japan, and Taiwan, and franchise operations spanning several regions. [4](https://www.gapinc.com/en-us/articles/2026/03/gap-inc-reports-fourth-quarter-and-fiscal-2025-res) Its leadership page describes a global workforce of more than 80,000 employees. [5](https://www.gapinc.com/en-us/about/leadership/executive-leadership-team) Gap began in San Francisco in 1969. [6](https://www.gapinc.com/en-us/about/history)
[1](https://app.finbar.com/go?id=P64256624)[3](https://app.finbar.com/go?id=T13597271)[2](https://www.gapinc.com/en-us/impact)[4](https://www.gapinc.com/en-us/articles/2026/03/gap-inc-reports-fourth-quarter-and-fiscal-2025-res)[5](https://www.gapinc.com/en-us/about/leadership/executive-leadership-team)[6](https://www.gapinc.com/en-us/about/history)

## Products & services

Gap Inc.’s product portfolio is organized around four apparel brands. Old Navy offers value-oriented apparel emphasizing on-trend styles and consistent quality. Gap sells casual apparel and accessories, including GapKids, babyGap, Gap Maternity, GapBody and GapFit, as well as limited-edition GapStudio collections. Banana Republic offers apparel collections positioned around modern exploration, while Athleta focuses on performance-lifestyle apparel for women and girls. [7](https://app.finbar.com/go?id=P48115127)[8](https://app.finbar.com/go?id=P42352888)[9](https://app.finbar.com/go?id=P47679214)[10](https://app.finbar.com/go?id=P73513263)

Across its brands, the company sells apparel, accessories and personal-care products for men, women and children. Product teams research and refine styles, fabrics and silhouettes each season, drawing on customer and market insights, feedback and purchasing data; the company also describes material- and supplier-conscious sourcing practices. Products are available through company-operated and franchise stores, brand e-commerce sites and third-party arrangements. Encore is a cross-brand membership program with rewards, benefits and exclusive experiences. [11](https://app.finbar.com/go?id=P93198502)[12](https://app.finbar.com/go?id=P88847673)[13](https://app.finbar.com/go?id=P161992942)
[7](https://app.finbar.com/go?id=P48115127)[8](https://app.finbar.com/go?id=P42352888)[9](https://app.finbar.com/go?id=P47679214)[10](https://app.finbar.com/go?id=P73513263)[11](https://app.finbar.com/go?id=P93198502)[12](https://app.finbar.com/go?id=P88847673)[13](https://app.finbar.com/go?id=P161992942)

## Geographic presence

For fiscal 2025, ended January 31, 2026, Gap Inc. reported net sales of $13.556 billion in the United States (88.2% of sales), $1.176 billion in Canada (7.7%), and $634 million in other regions (4.1%). The “other regions” figure is not further divided by country in the reported breakdown. [14](https://app.finbar.com/go?id=P8152008)[15](https://app.finbar.com/go?id=P24740059)

At fiscal year-end, company-operated stores were located in the United States, Canada, Japan, and Taiwan. The company also had approximately 1,000 franchise locations, with franchise agreements across Asia, Europe, Latin America, the Middle East, and Africa. [16](https://app.finbar.com/go?id=P53773135)[17](https://app.finbar.com/go?id=P56885470)[11](https://app.finbar.com/go?id=P93198502)

The principal executive office is in San Francisco, California. Corporate offices include locations in California, New York City, Albuquerque, and Hyderabad, India; the company also identifies regional offices in North America and other international locations. Its distribution network includes owned facilities in the United States and Ontario, Canada, and third-party logistics warehouses in Japan, Hong Kong, and Taiwan. [18](https://app.finbar.com/go?id=P67059382)[19](https://app.finbar.com/go?id=P108801788)[20](https://app.finbar.com/go?id=P19305762)[21](https://app.finbar.com/go?id=P14666256)
[14](https://app.finbar.com/go?id=P8152008)[15](https://app.finbar.com/go?id=P24740059)[16](https://app.finbar.com/go?id=P53773135)[17](https://app.finbar.com/go?id=P56885470)[11](https://app.finbar.com/go?id=P93198502)[18](https://app.finbar.com/go?id=P67059382)[19](https://app.finbar.com/go?id=P108801788)[20](https://app.finbar.com/go?id=P19305762)[21](https://app.finbar.com/go?id=P14666256)

## Business segments

For fiscal 2025, ended January 31, 2026, Gap Inc. identified four operating segments: Old Navy Global, Gap Global, Banana Republic Global, and Athleta Global. The company states that these are aggregated into a single reportable segment. [22](https://app.finbar.com/go?id=P20841086)

Based on FY2025 net sales, the approximate contributions were Old Navy Global, 56.4% ($8.657 billion), focused on value apparel; Gap Global, 22.8% ($3.501 billion), covering casual apparel and accessories, including GapKids, babyGap, Maternity, Body, Fit, GapStudio, Outlet, and Factory; Banana Republic Global, 12.5% ($1.916 billion), offering apparel and accessories; and Athleta Global, 7.9% ($1.219 billion), focused on performance-lifestyle apparel for women and girls. [7](https://app.finbar.com/go?id=P48115127)[8](https://app.finbar.com/go?id=P42352888)[9](https://app.finbar.com/go?id=P47679214)[10](https://app.finbar.com/go?id=P73513263)[3](https://app.finbar.com/go?id=T13597271) The remaining 0.5% ($73 million) was reported as “Other.” Percentages are calculated from the brand net-sales table and are not separate reportable-segment revenue shares. [3](https://app.finbar.com/go?id=T13597271)[22](https://app.finbar.com/go?id=P20841086)
[22](https://app.finbar.com/go?id=P20841086)[7](https://app.finbar.com/go?id=P48115127)[8](https://app.finbar.com/go?id=P42352888)[9](https://app.finbar.com/go?id=P47679214)[10](https://app.finbar.com/go?id=P73513263)[3](https://app.finbar.com/go?id=T13597271)

## Company history

Don and Doris Fisher founded Gap Inc. in 1969, opening the first Gap store in San Francisco. The company began selling clothing under its own Gap label in 1974 and went public in 1976. [6](https://www.gapinc.com/en-us/about/history) [23](https://www.gapinc.com/en-us/articles/2009/09/don-fisher%2C-co-founder%2C-chairman-emeritus-and-boar)

Gap expanded its brand portfolio by acquiring Banana Republic in 1983, after the retailer was founded in 1978, and opening its first GapKids store in 1986. It launched Old Navy in 1994, with the first store opening in Colma, California. Athleta, founded in 1998, joined Gap Inc. through an acquisition in 2008. [6](https://www.gapinc.com/en-us/about/history) [24](https://www.gapinc.com/en-us/about/banana-republic) [25](https://www.gapinc.com/en-us/about/old-navy/old-navy-history) [26](https://investors.gapinc.com/press-releases/news-details/2008/GAP-INC-TO-ACQUIRE-WOMENS-ACTIVE-WEAR-COMPANY-ATHLETA/default.aspx)

In 2019, Gap Inc. announced plans to separate Old Navy into a standalone public company, but ended the separation plan in January 2020. [27](https://www.gapinc.com/en-us/articles/2019/02/gap-inc-announces-plan-to-separate-into-two-indepe) [28](https://www.gapinc.com/en-us/articles/2020/01/gap-inc-no-longer-pursuing-separation-of-old-navy)
[6](https://www.gapinc.com/en-us/about/history)[23](https://www.gapinc.com/en-us/articles/2009/09/don-fisher%2C-co-founder%2C-chairman-emeritus-and-boar)[24](https://www.gapinc.com/en-us/about/banana-republic)[25](https://www.gapinc.com/en-us/about/old-navy/old-navy-history)[26](https://investors.gapinc.com/press-releases/news-details/2008/GAP-INC-TO-ACQUIRE-WOMENS-ACTIVE-WEAR-COMPANY-ATHLETA/default.aspx)[27](https://www.gapinc.com/en-us/articles/2019/02/gap-inc-announces-plan-to-separate-into-two-indepe)[28](https://www.gapinc.com/en-us/articles/2020/01/gap-inc-no-longer-pursuing-separation-of-old-navy)

## Sources

1. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P64256624)
2. [www.gapinc.com](https://www.gapinc.com/en-us/impact)
3. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=T13597271)
4. [www.gapinc.com](https://www.gapinc.com/en-us/articles/2026/03/gap-inc-reports-fourth-quarter-and-fiscal-2025-res)
5. [www.gapinc.com](https://www.gapinc.com/en-us/about/leadership/executive-leadership-team)
6. [www.gapinc.com](https://www.gapinc.com/en-us/about/history)
7. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P48115127)
8. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P42352888)
9. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P47679214)
10. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P73513263)
11. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P93198502)
12. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P88847673)
13. [GAP INC — Press release (2027 Q 2)](https://app.finbar.com/go?id=P161992942)
14. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P8152008)
15. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P24740059)
16. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P53773135)
17. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P56885470)
18. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P67059382)
19. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P108801788)
20. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P19305762)
21. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P14666256)
22. [GAP INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P20841086)
23. [www.gapinc.com](https://www.gapinc.com/en-us/articles/2009/09/don-fisher%2C-co-founder%2C-chairman-emeritus-and-boar)
24. [www.gapinc.com](https://www.gapinc.com/en-us/about/banana-republic)
25. [www.gapinc.com](https://www.gapinc.com/en-us/about/old-navy/old-navy-history)
26. [investors.gapinc.com](https://investors.gapinc.com/press-releases/news-details/2008/GAP-INC-TO-ACQUIRE-WOMENS-ACTIVE-WEAR-COMPANY-ATHLETA/default.aspx)
27. [www.gapinc.com](https://www.gapinc.com/en-us/articles/2019/02/gap-inc-announces-plan-to-separate-into-two-indepe)
28. [www.gapinc.com](https://www.gapinc.com/en-us/articles/2020/01/gap-inc-no-longer-pursuing-separation-of-old-navy)

AI-generated summary; may contain errors. Not investment advice. Sign up to Finbar to view original document sources and access worldwide fundamental financial data and intelligence.