Gildan Activewear Inc. (GIL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.17B | 1.09B | 910.57M | 918.5M | 711.67M | 821.52M | 891.11M | 862.1M | 695.8M | 782.71M | 869.9M | 840.44M | 702.86M | 719.98M | 850.01M | 895.58M | 774.9M | 784.25M | 801.6M | 747.15M |
| Revenue Growth % | 63.83% | 33.19% | 2.18% | 6.54% | 2.28% | 4.96% | 2.44% | 2.58% | -1.01% | 8.71% | 2.34% | -6.16% | -9.3% | -8.2% | 6.04% | 19.87% | 31.43% | 13.63% | 33.09% | 225.27% |
| Cost of Goods Sold | 887.59M | 785.72M | 603.97M | 629.1M | 489.74M | 568.53M | 613.5M | 603.48M | 484.66M | 546.15M | 630.66M | 623.84M | 515.2M | 485.17M | 597.84M | 630.6M | 534.5M | 555M | 519.9M | 506.38M |
| COGS % of Revenue | 76.13% | 71.81% | 66.33% | 68.49% | 68.81% | 69.21% | 68.85% | 70% | 69.66% | 69.78% | 72.5% | 74.23% | 73.3% | 67.39% | 70.33% | 70.41% | 68.98% | 70.77% | 64.86% | 67.77% |
| Gross Profit | 278.35M | 308.45M | 306.6M | 289.4M | 221.94M | 252.99M | 276.79M | 258.63M | 211.13M | 236.56M | 239.24M | 216.6M | 187.66M | 234.81M | 252.17M | 264.99M | 240.4M | 229.26M | 281.7M | 240.77M |
| Gross Margin % | 23.87% | 28.19% | 33.67% | 31.51% | 31.19% | 30.8% | 31.06% | 30% | 30.34% | 30.22% | 27.5% | 25.77% | 26.7% | 32.61% | 29.67% | 29.59% | 31.02% | 29.23% | 35.14% | 32.23% |
| Gross Profit Growth % | 25.42% | 21.92% | 10.77% | 11.9% | 5.12% | 6.94% | 15.7% | 19.41% | 12.51% | 0.74% | -5.13% | -18.26% | -21.94% | 2.42% | -10.48% | 10.06% | 27.52% | 47.42% | 107.91% | 262.15% |
| Operating Expenses | 218.65M | 119.83M | 114.49M | 89.9M | 92.29M | 74M | 84.66M | 120.43M | 106.04M | 58.41M | 84.22M | 33.9M | 59.67M | 142.23M | 77.59M | 91.03M | 78.2M | 52.19M | 80.4M | 81.12M |
| OpEx % of Revenue | 18.75% | 10.95% | 12.57% | 9.79% | 12.97% | 9.01% | 9.5% | 13.97% | 15.24% | 7.46% | 9.68% | 4.03% | 8.49% | 19.75% | 9.13% | 10.16% | 10.09% | 6.65% | 10.03% | 10.86% |
| Selling, General & Admin | 218.65M | 119.83M | 95.26M | 81.7M | 87.32M | 78.3M | 81.26M | 120.43M | 105.24M | 88.27M | 82.21M | 78.06M | 81.84M | 75.81M | 82.23M | 89.43M | 81M | 80.47M | 80.6M | 79.67M |
| SG&A % of Revenue | 18.75% | 10.95% | 10.46% | 8.89% | 12.27% | 9.53% | 9.12% | 13.97% | 15.12% | 11.28% | 9.45% | 9.29% | 11.64% | 10.53% | 9.67% | 9.99% | 10.45% | 10.26% | 10.05% | 10.66% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | -1000K | 1000K | 0 | 798K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -200K | 1000K |
| Operating Income | 59.7M | 188.62M | 192.1M | 199.5M | 129.65M | 178.98M | 192.94M | 138.2M | 105.1M | 178.15M | 155.02M | 182.69M | 127.99M | 92.58M | 174.58M | 173.96M | 162.2M | 177.07M | 201.3M | 159.65M |
| Operating Margin % | 5.12% | 17.24% | 21.1% | 21.72% | 18.22% | 21.79% | 21.65% | 16.03% | 15.1% | 22.76% | 17.82% | 21.74% | 18.21% | 12.86% | 20.54% | 19.42% | 20.93% | 22.58% | 25.11% | 21.37% |
| Operating Income Growth % | -53.95% | 5.38% | -0.44% | 44.36% | 23.36% | 0.47% | 24.47% | -24.35% | -17.89% | 92.41% | -11.2% | 5.02% | -21.09% | -47.71% | -13.28% | 8.96% | 42.49% | 124.61% | 192.8% | 167.62% |
| EBITDA | 113.94M | 235.76M | 229.24M | 230.3M | 159.99M | 212.27M | 221.64M | 174.45M | 136.69M | 208.93M | 181.7M | 214.3M | 155.93M | 120.62M | 205.72M | 206.25M | 195.66M | 206.72M | 235.56M | 195.52M |
| EBITDA Margin % | 9.77% | 21.55% | 25.18% | 25.07% | 22.48% | 25.84% | 24.87% | 20.23% | 19.64% | 26.69% | 20.89% | 25.5% | 22.18% | 16.75% | 24.2% | 23.03% | 25.25% | 26.36% | 29.39% | 26.17% |
| EBITDA Growth % | -28.78% | 11.06% | 3.43% | 32.01% | 17.05% | 1.6% | 21.98% | -18.6% | -12.34% | 73.21% | -11.68% | 3.9% | -20.3% | -41.65% | -12.67% | 5.49% | 30.91% | 74.6% | 130.52% | 201.73% |
| D&A (Non-Cash Add-back) | 54.24M | 47.14M | 37.13M | 30.8M | 30.34M | 33.29M | 28.7M | 36.25M | 31.59M | 30.78M | 26.68M | 31.6M | 27.94M | 28.04M | 31.14M | 32.29M | 33.46M | 29.65M | 34.26M | 35.87M |
| EBIT | -11.75M | 97.79M | 176.45M | 199.6M | 125.31M | 176.57M | 187.11M | 136.33M | 99.52M | 171.39M | 157.02M | 177.57M | 123.2M | 84.49M | 173.16M | 172.4M | 161.21M | 174.93M | 201.4M | 157.28M |
| Net Interest Income | -56.26M | -41.42M | -28.05M | -32M | -24.31M | -36.68M | -32.45M | -23.04M | -20.06M | -18.53M | -18.44M | -21.11M | -18.31M | -14.57M | -8.3M | -5.81M | -6.01M | -3.71M | -4.64M | -6.38M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 56.26M | 41.42M | 28.05M | 32M | 24.31M | 36.68M | 32.45M | 23.04M | 20.06M | 18.53M | 18.44M | 21.11M | 18.31M | 14.57M | 8.3M | 5.81M | 6.01M | 3.71M | 4.64M | 6.38M |
| Other Income/Expense | -127.71M | -132.25M | -43.71M | -31.9M | -29.86M | -26.94M | -30.22M | -21.26M | -22.73M | -21.24M | -20.75M | -20.73M | -16.95M | -13.16M | -9.31M | -7.35M | -7M | -4.67M | -5.2M | -6.5M |
| Pretax Income | -68.01M | 56.36M | 148.4M | 167.6M | 99.78M | 152.04M | 162.73M | 116.92M | 82.37M | 156.91M | 134.27M | 161.96M | 111.04M | 79.43M | 165.26M | 166.61M | 155.2M | 172.4M | 196.1M | 153.15M |
| Pretax Margin % | -5.83% | 5.15% | 16.3% | 18.25% | 14.02% | 18.51% | 18.26% | 13.56% | 11.84% | 20.05% | 15.44% | 19.27% | 15.8% | 11.03% | 19.44% | 18.6% | 20.03% | 21.98% | 24.46% | 20.5% |
| Income Tax | -12.96M | 4.41M | 28.24M | 29.6M | 15.1M | 19.73M | 31.25M | 58.52M | 3.7M | 3.6M | 6.9M | 6.68M | 13.42M | -4.51M | 12.23M | 8.37M | 8.8M | -1.5M | 7.7M | 6.71M |
| Effective Tax Rate % | 19.05% | 7.82% | 19.03% | 17.66% | 15.13% | 12.97% | 19.21% | 50.06% | 4.5% | 2.29% | 5.14% | 4.12% | 12.09% | -5.68% | 7.4% | 5.02% | 5.67% | -0.87% | 3.93% | 4.38% |
| Net Income | -65.79M | 56.98M | 120.16M | 137.9M | 84.68M | 132.32M | 131.47M | 58.41M | 78.67M | 153.31M | 127.37M | 155.29M | 97.62M | 83.94M | 153.04M | 158.24M | 146.4M | 173.9M | 188.3M | 146.44M |
| Net Margin % | -5.64% | 5.21% | 13.2% | 15.01% | 11.9% | 16.11% | 14.75% | 6.77% | 11.31% | 19.59% | 14.64% | 18.48% | 13.89% | 11.66% | 18% | 17.67% | 18.89% | 22.17% | 23.49% | 19.6% |
| Net Income Growth % | -177.69% | -56.94% | -8.61% | 136.11% | 7.65% | -13.69% | 3.22% | -62.39% | -19.41% | 82.64% | -16.77% | -1.87% | -33.32% | -51.73% | -18.73% | 8.06% | 48.57% | 158.19% | 234.13% | 158.65% |
| Net Income (Continuing) | -55.05M | 51.96M | 120.16M | 138M | 84.68M | 132.32M | 131.47M | 58.41M | 78.67M | 153.31M | 127.37M | 155.29M | 97.62M | 83.94M | 153.04M | 158.24M | 146.4M | 173.9M | 188.4M | 146.44M |
| Discontinued Operations | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.36 | 0.36 | 0.80 | 0.91 | 0.56 | 0.86 | 0.82 | 0.35 | 0.46 | 0.89 | 0.73 | 0.88 | 0.54 | 0.47 | 0.84 | 0.84 | 0.77 | 0.89 | 0.95 | 0.74 |
| EPS Growth % | -164.29% | -58.14% | -2.44% | 160% | 21.74% | -3.37% | 12.33% | -60.23% | -14.81% | 89.36% | -13.1% | 4.76% | -29.87% | -47.19% | -11.58% | 13.51% | 54% | 161.76% | 239.29% | 158.73% |
| EPS (Basic) | -0.36 | 0.36 | 0.80 | 0.91 | 0.56 | 0.86 | 0.82 | 0.35 | 0.46 | 0.89 | 0.73 | 0.89 | 0.54 | 0.46 | 0.84 | 0.85 | 0.77 | 0.90 | 0.95 | 0.74 |
| Diluted Shares Outstanding | 185.16M | 160.2M | 150.81M | 150.81M | 151.99M | 154.37M | 161.03M | 168.14M | 168.98M | 171.81M | 175.35M | 177.9M | 179.84M | 179.9M | 182.24M | 185.87M | 189.34M | 194.76M | 198.06M | 199.05M |
| Basic Shares Outstanding | 185.16M | 160.16M | 150.76M | 150.76M | 153.86M | 153.86M | 160.86M | 168M | 168.87M | 171.5M | 175.09M | 177.62M | 179.84M | 179.9M | 182.19M | 185.51M | 189.34M | 193.22M | 197.33M | 198.46M |
| Dividend Payout Ratio | - | 58.9% | 27.65% | 51.38% | - | 23.71% | 25.1% | 118.52% | - | 20.8% | 25.65% | 44.03% | - | 36.34% | 20.02% | 39.58% | - | 17.09% | 16.17% | 20.69% |