Gildan Activewear Inc. (GIL) — Financial statements
Income statement, balance sheet, and cash flow for Gildan Activewear Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,679↑12.5% | 3,271↑2.3% | 3,196↓1.4% | 3,240↑10.9% | 2,923 | |
| Cost of Revenue | 2,569↑13.3% | 2,267↓2.1% | 2,316↑3.0% | 2,248↑13.4% | 1,982 | |
| Gross Profit | 1,110↑10.6% | 1,004↑14.0% | 880↓11.3% | 992↑5.6% | 940 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 219↑43.9% | 152↑3.3% | 147↓0.1% | 147 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 172↓3.5% | 178↓0.4% | 179↑7.4% | 167 | |
| SG&A Expenses | 380↓2.7% | 391↑18.3% | 330↑1.3% | 326↑3.8% | 314 | |
| Other Expenses | 0.00↑100.0% | -5↑94.3% | -94↓250.1% | 63↑342.8% | -26 | |
| Operating Expenses | 380↓1.4% | 385↑63.2% | 236↓39.3% | 389↑34.9% | 288 | |
| Total Costs & Expenses | 2,949↑11.2% | 2,652↑3.9% | 2,552↓3.2% | 2,637↑16.1% | 2,271 | |
| Operating Results | ||||||
| Operating Income | 730↑18.1% | 618↓4.0% | 644↑6.7% | 603↓7.4% | 652 | |
| Depreciation & Amortization | 158↑21.3% | 130↑6.7% | 122↓2.6% | 125↓7.7% | 135 | |
| EBITDA | 759↑4.1% | 729↓1.8% | 743↑3.2% | 720↓7.4% | 778 | |
| EBIT | 602↑0.4% | 600↓3.5% | 621↑4.4% | 595↓7.3% | 642 | |
| Interest & Other Income | ||||||
| Net Interest Income | -122↓13.5% | -108↓47.6% | -73↓116.3% | -34↓28.3% | -26 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 122↑13.5% | 108↑47.6% | 73↑116.3% | 34↑28.3% | 26 | |
| Non-Operating Income | 129↑587.2% | 19↓16.8% | 22↑174.2% | 8↓14.7% | 10 | |
| Other Income / Expenses | -251↓140.7% | -104↓30.7% | -80↓115.6% | -37↓35.2% | -27 | |
| Income Before Tax | 479↓6.7% | 514↓8.9% | 564↓0.4% | 566↓9.3% | 625 | |
| Income Tax Expense | 79↓30.6% | 113↑270.0% | 31↑23.0% | 25↑43.2% | 17 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 401↓0.0% | 401↓24.9% | 534↓1.5% | 542↓10.8% | 607 | |
| Net Income from Discontinued Operations | 5 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 406↑1.2% | 401↓24.9% | 534↓1.5% | 542↓10.8% | 607 | |
| Bottom-Line Net Income | 406↑1.2% | 401↓24.9% | 534↓1.5% | 542↓10.8% | 607 | |
| EPS (Basic) | 2.65↑7.7% | 2.46↓18.8% | 3.03↑3.1% | 2.94↓4.5% | 3.08 | |
| EPS (Diluted) | 2.65↑7.7% | 2.46↓18.8% | 3.03↑3.4% | 2.93↓4.6% | 3.07 | |
| Weighted Average Shares | 153↓6.1% | 163↓7.5% | 176↓4.4% | 184↓6.5% | 197 | |
| Weighted Average Diluted Shares | 153↓6.2% | 163↓7.4% | 176↓4.5% | 185↓6.6% | 198 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.