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| 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 |