Gap (GAP) Change in Taxes (2009 - 2026)
Gap (GAP) posted Change in Taxes of $63.0 million for Q2 2026, up 162.5% sequentially from $24.0 million in Q1 2026, and up 14.55% YoY from $55.0 million in Q2 2025.
Gap (GAP) Change in Taxes (2009 - 2026) Analysis & Trends
Gap has reported Change in Taxes for 18 years, with the latest figure at $63.0 million in Q2 2026.
- Quarterly Change in Taxes rose 14.55% year-over-year to $63.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $41.0 million (down 53.41% YoY) and the FY2026 annual result came in at $33.0 million, down 28.26% from the prior year.
- Change in Taxes advanced to $63.0 million in Q2 2026 per GAP's latest filing, from $24.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $369.0 million in Q2 2022 and troughed at -$156.0 million in Q4 2022.
- A 5-year average of $35.7 million and a median of $24.5 million in 2024 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes surged 2150.0% in 2022, then slumped 308.33% in 2025.
- Over 5 years, Change in Taxes stood at -$156.0 million in 2022, then jumped by 128.85% to $45.0 million in 2023, then slumped by 124.44% to -$11.0 million in 2024, then soared by 590.91% to $54.0 million in 2025, then rose by 16.67% to $63.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $63.0 million, $24.0 million, and $54.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.48 Bn | 149.90 Bn | 4.48 Bn | 172.00 Mn |
| 2 | Ross Stores | 76.36 Bn | 72.23 Bn | 1.78 Bn | 153.14 Mn |
| 3 | Burlington Stores | 20.56 Bn | 19.81 Bn | 1.26 Bn | - |
| 4 | Lululemon Athletica | 13.95 Bn | 12.43 Bn | 1.34 Bn | 69.33 Mn |
| 5 | Gap | 7.26 Bn | 4.70 Bn | 1.42 Bn | 63.00 Mn |
| 6 | Victoria's Secret | 6.93 Bn | 6.72 Bn | 585.00 Mn | -11.00 Mn |
| 7 | Urban Outfitters | 6.49 Bn | 6.08 Bn | 542.57 Mn | - |
| 8 | Boot Barn Holdings | 5.02 Bn | 4.88 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.89 Bn | 4.27 Bn | 682.63 Mn | 9.99 Mn |
| 10 | American Eagle Outfitters | 2.71 Bn | 2.61 Bn | 456.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 63.00 Mn |
| May 2, 2026 | 63.00 Mn |
| Jan 31, 2026 | 24.00 Mn |
| Jan 31, 2026 | 24.00 Mn |
| Nov 1, 2025 | 54.00 Mn |
| Nov 1, 2025 | 54.00 Mn |
| Aug 2, 2025 | -100.00 Mn |
| Aug 2, 2025 | -100.00 Mn |
| May 3, 2025 | 55.00 Mn |
| May 3, 2025 | 55.00 Mn |
| Feb 1, 2025 | -4.00 Mn |
| Feb 1, 2025 | -4.00 Mn |
| Nov 2, 2024 | -11.00 Mn |
| Nov 2, 2024 | -11.00 Mn |
| Aug 3, 2024 | 48.00 Mn |
| Aug 3, 2024 | 48.00 Mn |
| May 4, 2024 | 13.00 Mn |
| May 4, 2024 | 13.00 Mn |
| Feb 3, 2024 | 25.00 Mn |
| Feb 3, 2024 | 25.00 Mn |