Gildan Activewear Inc. income statement GIL

Annual Quarterly

In fiscal 2025, which ended Dec 28, 2025, Gildan Activewear Inc. reported revenue of $3.6 billion, up 10.7% from the year before. Net income was $398.9 million, a profit margin of 11.0%. Operating income came to $619.9 million, an operating margin of 17.1%. Diluted earnings per share were $2.61. Across the 9 fiscal years shown, revenue grew from $2.8 billion in fiscal 2017 to $3.6 billion in fiscal 2025, about 3.5% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 28, 2025	FY 2024 Dec 29, 2024	FY 2023 Dec 31, 2023	FY 2022 Jan 1, 2023	FY 2020 Jan 2, 2022	FY 2020 Jan 3, 2021	FY 2019 Dec 29, 2019	FY 2018 Dec 30, 2018	FY 2017 Dec 31, 2017
Revenue	3,619 +10.7%	3,271 +2.3%	3,196 -1.4%	3,240	2,923 +3.5%	1,981 -29.8%	2,824 -2.9%	2,909 +5.7%	2,751
Cost of revenue	2,489 +9.8%	2,267 -2.1%	2,316 +3.0%	2,248	1,982 -6.5%	1,732 -18.3%	2,119 +0.8%	2,103 +7.8%	1,950
Gross profit	1,130 +12.6%	1,004 +14.0%	880 -11.3%	992	940 +33.5%	249 -64.6%	704 -12.6%	806 +0.6%	801
Selling, general and administrative	389 -0.4%	391 +18.3%	330 +1.3%	326	314 -7.7%	272 -20.0%	340 -6.7%	365 -3.3%	377
Operating income	620 +0.3%	618 -4.0%	644 +6.7%	603	652 +125.6%	-181 -162.6%	289 -28.3%	403 +0.5%	401
Pretax income	471 -8.3%	514 -8.9%	564 -0.4%	566	625 +150.0%	-229 -191.8%	250 -32.9%	372 -1.2%	377
Income tax	77 -31.8%	113 +270.0%	31 +23.0%	25	17 +274.0%	-4 +59.0%	-10 -146.7%	21 +47.5%	14
Net income	399	—	—	—	—	—	—	—	—
Basic EPS	2.61 +6.1%	2.46 -18.8%	3.03 +3.1%	2.94	3.08 +142.5%	-1.14 -189.8%	1.27 -23.5%	1.66 +2.5%	1.62
Diluted EPS	2.61 +6.1%	2.46 -18.8%	3.03 +3.4%	2.93	3.07 +141.7%	-1.14 -189.8%	1.27 -23.5%	1.66 +3.1%	1.61
Weighted average shares, basic	153 -6.1%	163 -7.4%	176 -4.4%	184	197 -3.5%	198 -2.8%	204 -3.4%	211 -5.7%	224
Weighted average shares, diluted	153 -6.2%	163 -7.4%	176 -4.5%	185	198 -3.4%	198 -3.1%	205 -3.4%	212 -5.7%	225
Other measures
Depreciation and amortization	148 +6.8%	138 +13.6%	122 -2.6%	125	147 -6.1%	147 -6.1%	157 -0.8%	158 -2.5%	162
EBITDA	768 +1.5%	756 -1.2%	765 +5.1%	728	799 +79.3%	-34 -107.5%	446 -20.6%	561 -0.3%	563
Margins
Gross margin	31.22%	30.69%	27.54%	30.63%	32.17%	12.57%	24.95%	27.71%	29.13%
Operating margin	17.13%	18.90%	20.15%	18.62%	22.31%	-9.13%	10.23%	13.86%	14.58%
Pretax margin	13.02%	15.72%	17.65%	17.48%	21.37%	-11.58%	8.85%	12.79%	13.70%
Profit margin	11.02%	—	—	—	—	—	—	—	—
EBITDA margin	21.21%	23.13%	23.95%	22.48%	27.34%	-1.70%	15.79%	19.30%	20.47%
Effective tax rate	16.40%	22.02%	5.42%	4.39%	2.78%	—	-4.00%	5.74%	3.84%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Apparel & Other Finishd Prods of Fabrics & Similar Matl (SIC 2300)
Listed as: GIL (NYSE)
Fiscal year ends: January 3
Incorporated in: Canada (Federal Level)
Headquarters: Montreal
SEC CIK: 1061894
Former names: GILDAN ACTIVEWEAR INC (until Jan 9, 2007)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.