Gildan Activewear Inc. (GIL) Income Statement
GIL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGIL revenue and net income
Where GIL's revenue goes
2025Each bar shows an amount and its share of revenue. GIL kept 11.0% of revenue as net income.
GIL profit margins
GIL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +12.5% | +4.3% | +13.2% | +4.3% |
| Gross profit | +10.6% | +3.8% | +34.8% | +6.6% |
| Operating income | +18.1% | +6.6% | — | +11.0% |
| Net income | +1.2% | −9.2% | — | +5.5% |
| EPS (diluted) | +16.9% | +4.2% | — | +9.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GIL quarterly EPS vs estimates
Gildan Activewear beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.60).
GIL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.68B | $3.27B | $3.20B | $3.24B | $2.92B | $1.98B | $2.82B | $2.91B | $2.75B | $2.59B |
| Cost of revenue | $2.57B | $2.27B | $2.32B | $2.25B | $1.98B | $1.73B | $2.12B | $2.10B | $1.95B | $1.87B |
| Gross profit | $1.11B | $1.00B | $880.1M | $992.4M | $940.2M | $249.1M | $704.5M | $806.0M | $801.2M | $719.7M |
| Sales, general & admin | $389.4M | $390.8M | $151.9M | $326.3M | $147.3M | $272.3M | $340.5M | $368.5M | $377.3M | $336.4M |
| Total operating expenses | $380.2M | $385.4M | $236.2M | $389.0M | $288.3M | $429.9M | $415.5M | $368.5M | $377.3M | $336.4M |
| Operating income | $730.2M | $618.2M | $643.9M | $603.4M | $651.9M | −$180.8M | $289.0M | $403.2M | $401.0M | $371.5M |
| Interest income | $114.9M | $81.5M | $56.9M | $26.4M | $18.4M | $33.7M | $30.9M | $23.3M | $15.8M | $13.0M |
| Interest expense | $122.2M | $107.7M | $73.0M | $33.7M | $26.3M | $48.1M | $40.0M | $28.5M | $28.4M | $17.4M |
| Income before taxes | $479.4M | $514.1M | $564.2M | $566.4M | $624.6M | −$229.4M | $249.8M | $372.1M | $376.8M | $351.8M |
| Income taxes | $78.6M | $113.2M | $30.6M | $24.9M | $17.4M | −$4.1M | −$10.0M | $21.4M | $14.5M | $5.2M |
| Net income | $405.9M | $400.9M | $533.6M | $541.5M | $607.2M | −$225.3M | $259.8M | $350.8M | $362.3M | $346.6M |
| EBITDA | $759.1M | $737.7M | $743.0M | $720.1M | $777.7M | −$48.5M | $438.7M | $595.5M | $586.0M | $505.6M |
| EPS (diluted) | $3.52 | $3.01 | $2.57 | $3.11 | $2.72 | −$0.18 | $1.66 | $1.86 | $1.72 | $1.51 |
| Gross margin | 30.2% | 30.7% | 27.5% | 30.6% | 32.2% | 12.6% | 24.9% | 27.7% | 29.1% | 27.8% |
| Operating margin | 19.8% | 18.9% | 20.1% | 18.6% | 22.3% | −9.1% | 10.2% | 13.9% | 14.6% | 14.4% |
| Net margin | 11.0% | 12.3% | 16.7% | 16.7% | 20.8% | −11.4% | 9.2% | 12.1% | 13.2% | 13.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.54B | $1.17B | $1.09B | $910.6M | $918.5M | $711.7M | $821.5M | $891.1M | $862.1M | $695.8M | $782.7M | $869.9M |
| Cost of revenue | $1.11B | $887.6M | $785.7M | $604.0M | $629.1M | $489.7M | $568.5M | $613.5M | $603.5M | $484.7M | $546.2M | $630.7M |
| Gross profit | $434.0M | $278.4M | $308.4M | $306.6M | $289.4M | $221.9M | $253.0M | $276.8M | $258.6M | $211.1M | $236.6M | $239.2M |
| Sales, general & admin | $193.8M | $218.7M | $125.0M | $95.3M | $81.7M | $87.3M | $78.3M | $83.6M | $123.6M | $105.2M | $88.3M | $82.2M |
| Total operating expenses | $174.8M | $218.7M | $119.8M | $114.5M | $89.9M | $92.3M | $74.0M | $84.7M | $120.4M | $106.0M | $58.4M | $84.2M |
| Operating income | $259.2M | $59.7M | $188.6M | $192.1M | $199.5M | $129.6M | $179.0M | $192.9M | $138.2M | $105.1M | $178.1M | $155.0M |
| Interest income | $1.0M | — | $37.0M | $27.5M | $26.2M | $24.3M | $21.2M | $24.4M | — | — | — | $14.2M |
| Interest expense | $91.2M | $56.3M | $41.4M | $28.1M | $32.0M | $24.3M | $36.7M | $32.5M | $23.0M | $20.1M | $18.5M | $18.4M |
| Income before taxes | $103.9M | −$68.0M | $56.4M | $148.4M | $167.6M | $99.8M | $152.0M | $162.7M | $116.9M | $82.4M | $156.9M | $134.3M |
| Income taxes | $15.8M | −$13.0M | $4.4M | $28.2M | $29.6M | $15.1M | $19.7M | $31.3M | $58.5M | $3.7M | $3.6M | $6.9M |
| Net income | −$48.7M | −$65.8M | $57.0M | $120.2M | $137.9M | $84.7M | $132.3M | $131.5M | $58.4M | $78.7M | $153.3M | $127.4M |
| EBITDA | $317.1M | $42.5M | $144.9M | $213.6M | $237.2M | $155.7M | $209.9M | $223.6M | $173.1M | $131.1M | $202.2M | $188.3M |
| EPS (diluted) | $1.28 | $0.43 | $0.96 | $1.00 | $0.97 | $0.59 | $0.83 | $0.85 | $0.74 | $0.59 | $0.75 | $0.74 |
| Gross margin | 28.1% | 23.9% | 28.2% | 33.7% | 31.5% | 31.2% | 30.8% | 31.1% | 30.0% | 30.3% | 30.2% | 27.5% |
| Operating margin | 16.8% | 5.1% | 17.2% | 21.1% | 21.7% | 18.2% | 21.8% | 21.7% | 16.0% | 15.1% | 22.8% | 17.8% |
| Net margin | −3.2% | −5.6% | 5.2% | 13.2% | 15.0% | 11.9% | 16.1% | 14.8% | 6.8% | 11.3% | 19.6% | 14.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GIL's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GIL financial results
In fiscal year 2025 (ended December 31, 2025), Gildan Activewear reported revenue of $3.7 billion, up 12.5% from the year before. It had net income of $405.9 million (up 1.2%), a net profit margin of 11.0%. Diluted earnings per share came to $3.52. Over five years revenue grew at an average rate of 13.2% a year.
See the GIL stock overview for the latest quote and news, or the GIL chart for price history and technical indicators.
GIL income statement FAQ
What is Gildan Activewear's annual revenue?
Gildan Activewear reported total revenue of $3.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 12.5% from $3.3 billion the previous year.
Is Gildan Activewear profitable?
Yes. Gildan Activewear reported net income of $405.9 million in fiscal 2025, a net profit margin of 11.0%; its operating margin was 19.8%.
What is Gildan Activewear's gross margin?
Gildan Activewear's gross margin was 30.2% in fiscal 2025: for every $100 of revenue, Gildan Activewear kept $30 after the direct cost of its products and services.
How fast is Gildan Activewear growing?
Revenue grew 13.2% a year on average over the last five fiscal years, from $2.0 billion to $3.7 billion.
What are Gildan Activewear's earnings per share?
Gildan Activewear earned $3.52 per diluted share in fiscal 2025, compared with $3.01 a year earlier.
When will Gildan Activewear report its next earnings?
Gildan Activewear is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Gildan Activewear's fiscal year end?
Gildan Activewear's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.