Gildan Activewear Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 28, 2025 · FY), Gildan Activewear Inc. reported revenue of $3.6B (+10.7% year on year) and net income of $398.9M (-0.5% year on year).
| Line item | Dec 28, 2025 · FY | Dec 29, 2024 · FY | Dec 31, 2023 · FY | Jan 1, 2023 · FY |
|---|---|---|---|---|
| Net sales (note 29) | $3.6B | $3.3B | $3.2B | $3.2B |
| Cost of sales | $2.5B | $2.3B | $2.3B | $2.2B |
| Gross profit | $1.1B | $1.0B | $880.1M | $992.4M |
| Selling, general and administrative expenses (note 18(a)) | $389.4M | $390.8M | $330.4M | $324.1M |
| Restructuring and acquisition-related costs (recoveries) (note 19) | $120.6M | ($5.3M) | $45.8M | — |
| Operating income | $619.9M | $618.2M | $643.9M | $603.4M |
| Financial expenses, net (note 16(c)) | $148.7M | $104.2M | $79.7M | $37.0M |
| Earnings before income taxes | $471.2M | $514.1M | $564.2M | $566.4M |
| Income tax expense (note 20) | $77.3M | $113.2M | $30.6M | $24.9M |
| Net earnings from continuing operations | $393.9M | — | — | — |
| Discontinued operations | $4.9M | — | — | — |
| Net earnings | $398.9M | $400.9M | $533.6M | $541.5M |
| Cash flow hedges (note 16(d)) | ($37.2M) | ($13.7M) | $3.8M | ($55.0M) |
| Actuarial (loss) gain on employee benefit obligations (note 13(a)) | ($2.4M) | ($817.0K) | $1.7M | $8.1M |
| Translation adjustments | $16.9M | — | — | — |
| Other comprehensive income | ($22.7M) | ($14.5M) | $5.5M | ($46.9M) |
| Comprehensive income | $376.2M | $386.4M | $539.1M | $494.7M |
| Basic (in dollars per share) | $2.61 | $2.46 | $3.03 | $2.94 |
| Diluted (in dollars per share) | $2.61 | $2.46 | $3.03 | $2.93 |
| Line item | Dec 28, 2025 · FY | Dec 29, 2024 · FY | Dec 31, 2023 · FY | Jan 1, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents (note 6) | $284.5M | $98.8M | $89.6M | $150.4M |
| Trade accounts receivable (note 7) | $955.7M | $542.4M | $412.5M | $248.8M |
| Inventories (note 8) | $2.4B | $1.1B | $1.1B | $1.2B |
| Prepaid expenses, deposits and other current assets | $140.3M | $107.0M | $96.0M | $101.8M |
| Assets held for sale (note 23) | $959.3M | — | — | — |
| Total current assets | $4.7B | $1.9B | $1.7B | $1.7B |
| Property, plant and equipment (note 9) | $1.5B | $1.2B | $1.2B | $1.1B |
| Right-of-use assets | $234.8M | $95.6M | $81.4M | $78.0M |
| Intangible assets (note 11) | $3.0B | $253.3M | $261.4M | $230.0M |
| Goodwill | $868.8M | $271.7M | $271.7M | $271.7M |
| Deferred tax assets | $23.0M | $21.8M | $24.0M | $16.0M |
| Other non-current assets | $139.7M | $40.8M | $14.3M | $2.5M |
| Total non-current assets | $5.8B | $1.9B | $1.8B | $1.7B |
| Total assets | $10.5B | $3.7B | $3.5B | $3.4B |
| Accounts payable and accrued liabilities | $1.3B | $490.1M | $408.3M | $471.2M |
| Income taxes payable | $80.8M | $29.7M | $1.6M | $6.6M |
| Current portion of lease obligations (note 10(b)) | $59.8M | $17.7M | $14.2M | $13.8M |
| Current portion of long-term debt (note 12) | $450.0M | $300.0M | $300.0M | $150.0M |
| Liabilities held for sale (note 23) | $380.9M | — | — | — |
| Total current liabilities | $2.2B | $837.5M | $724.1M | $641.7M |
| Long-term debt (note 12) | $3.9B | $1.2B | $685.0M | $780.0M |
| Non-current | $254.7M | $99.7M | $83.9M | $80.2M |
| Other non-current liabilities (note 14) | $29.4M | $56.8M | $46.3M | $56.2M |
| Employee benefit obligations (note 13) | $118.4M | — | — | — |
| Deferred income taxes (note 20) | $401.1M | $28.6M | $18.1M | — |
| Total non-current liabilities | $4.7B | $1.4B | $833.3M | $916.4M |
| Total liabilities | $6.9B | $2.3B | $1.6B | $1.6B |
| Share capital | $2.3B | $268.6M | $271.2M | $202.3M |
| Contributed surplus | $112.8M | $69.9M | $61.4M | $79.5M |
| Retained earnings | $1.2B | $1.1B | $1.6B | $1.6B |
| Accumulated other comprehensive (loss) income | ($20.3M) | ($27.0K) | $13.7M | $9.8M |
| Total equity attributable to shareholders of the Company | $3.6B | $1.5B | $2.0B | $1.9B |
| Total liabilities and equity | $10.5B | $3.7B | $3.5B | $3.4B |
| Line item | Dec 28, 2025 · FY | Dec 29, 2024 · FY | Dec 31, 2023 · FY | Jan 1, 2023 · FY |
|---|---|---|---|---|
| Net earnings | $398.9M | $400.9M | $533.6M | $541.5M |
| Depreciation and amortization (note 22) | $147.6M | $138.2M | $121.6M | $124.9M |
| Loss (gain) on disposal of PP&E, intangible assets, and right-of-use assets | $4.2M | ($212.0K) | ($24.6M) | ($34.2M) |
| Share-based compensation | $48.0M | $64.5M | $27.0M | $32.4M |
| Deferred income taxes (note 20) | ($4.7M) | $12.7M | $10.1M | — |
| Other (note 24(a)) | $23.6M | ($22.4M) | ($14.0M) | $8.1M |
| Changes in working capital balances (note 24(c)) | ($11.2M) | ($65.9M) | ($84.5M) | ($307.1M) |
| Cash flows from (used in) operating activities | $606.3M | $501.4M | $546.6M | $413.5M |
| Purchase of property, plant and equipment | ($106.4M) | ($145.3M) | ($203.3M) | ($239.1M) |
| Purchase of intangible assets | ($7.4M) | ($5.0M) | ($4.7M) | ($5.4M) |
| Business acquisitions (note 5) | ($122.7M) | — | $0 | $33.5M |
| Proceeds from sale and leaseback, disposal of assets held for sale and other disposals of PP&E | $521.0K | $38.2M | $53.2M | $28.6M |
| Cash flows from (used in) investing activities | ($236.0M) | ($112.1M) | ($154.9M) | ($182.4M) |
| Increase (Decrease) in amounts drawn under long-term bank credit facility | $240.0M | ($235.0M) | ($95.0M) | $330.0M |
| Proceeds from term loan (note 12) | $1.1B | $300.0M | — | $0 |
| Repayment of Hanes accounts receivable securitization facility (note 5) | ($115.0M) | — | — | — |
| Repayment of Hanes debt (note 5) | ($2.3B) | — | — | — |
| Proceeds from issuance of Senior unsecured notes (note 12) | $1.7B | $500.0M | — | — |
| Repayment of delayed draw term loan (note 12) | ($300.0M) | $0 | $300.0M | — |
| Bridge facility commitment fees | ($9.3M) | — | — | — |
| Net interest expense incurred on bond issuance prior to Hanes transaction close | ($2.9M) | — | — | — |
| Debt breakage fee (note 5) | $31.8M | — | — | — |
| Dividends paid | ($135.2M) | ($133.5M) | ($131.8M) | ($123.8M) |
| Repurchase and cancellation of shares (note 15d)) | -183.5M | -755.6M | -360.5M | -449.2M |
| Other (note 24(d)) | ($105.1M) | — | — | — |
| Cash flows from (used in) financing activities | ($177.1M) | ($379.4M) | ($452.8M) | ($258.3M) |
| Effect of exchange rate changes on cash and cash equivalents denominated in foreign currencies | $2.9M | ($764.0K) | $259.0K | ($1.6M) |
| Net increase (decrease) in cash and cash equivalents during the fiscal year | $196.2M | $9.2M | ($60.8M) | ($28.8M) |
| Cash and cash equivalents, beginning of fiscal year | $98.8M | — | — | — |
| Cash and cash equivalents (note 6) | $284.5M | $89.6M | $150.4M | $179.2M |
| Cash and cash equivalents in current assets held for sale | $10.5M | — | — | — |
| Cash and cash equivalents, end of fiscal year | $295.0M | $98.8M | $89.6M | $150.4M |
| Interest | $108.0M | $78.2M | $66.4M | $30.0M |
| Income taxes, net of refunds | $29.5M | $47.9M | $24.3M | $26.5M |
Gildan Activewear Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.