Gap (GAP) Change in Taxes (2009 - 2026)

Gap's (GAP) quarterly Change in Taxes came in at $63.0 million in Q2 2026, up 14.55% year-on-year from $55.0 million in Q2 2025, and up 162.5% quarter-over-quarter from $24.0 million in Q1 2026.

Gap (GAP) Change in Taxes (2009 - 2026) Analysis & Trends

Gap has disclosed Change in Taxes across 18 years of filings, most recently posting $63.0 million for Q2 2026.

  • Change in Taxes for Q2 2026 came in at $63.0 million, up 14.55% year-over-year; the trailing twelve-month figure through May 2026 was $41.0 million (down 53.41% YoY), and the FY2026 annual result was $33.0 million, down 28.26% from the prior year.
  • Change in Taxes came in at $63.0 million for Q2 2026 at Gap, up from $24.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $369.0 million in Q2 2022 to a low of -$156.0 million in Q4 2022.
  • The 5-year median for Change in Taxes is $24.5 million (2024), against an average of $35.7 million.
  • Across the five-year window, Change in Taxes soared 2150.0% in 2022 and slumped 308.33% in 2025, its largest moves.
  • Gap's Change in Taxes stood at -$156.0 million in 2022, then surged by 128.85% to $45.0 million in 2023, then slumped by 124.44% to -$11.0 million in 2024, then jumped by 590.91% to $54.0 million in 2025, then grew by 16.67% to $63.0 million in 2026.
  • The last three Change in Taxes figures came in at $63.0 million (Q2 2026), $24.0 million (Q1 2026), and $54.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 56.00 Mn
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 28.43 Mn
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn -
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn -398.55 Mn
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 63.00 Mn
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn -
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn -
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 35.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn 4.16 Mn
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn -

Historic Data

Download Data
DateValue
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