Gap (GAP) Cost of Revenue (2009 - 2026)
Gap's (GAP) quarterly Cost of Revenue came in at $2.1 billion in Q2 2026, up 3.23% year-on-year from $2.0 billion in Q2 2025, and down 20.67% quarter-over-quarter from $2.6 billion in Q1 2026.
Gap (GAP) Cost of Revenue (2009 - 2026) Analysis & Trends
Gap has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.1 billion for Q2 2026.
- Cost of Revenue for Q2 2026 came in at $2.1 billion, up 3.23% year-over-year; the trailing twelve-month figure through May 2026 was $9.2 billion (up 3.15% YoY), and the FY2026 annual result was $9.1 billion, up 2.7% from the prior year.
- Cost of Revenue came in at $2.1 billion for Q2 2026 at Gap, down from $2.6 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $3.0 billion in Q1 2022 to a low of $2.0 billion in Q2 2024.
- The 5-year median for Cost of Revenue is $2.2 billion (2023), against an average of $2.4 billion.
- Across the five-year window, Cost of Revenue grew 10.87% in 2022 and fell 13.4% in 2023, its largest moves.
- Gap's Cost of Revenue stood at $2.5 billion in 2022, then slipped by 12.61% to $2.2 billion in 2023, then decreased by 0.77% to $2.2 billion in 2024, then gained by 3.56% to $2.3 billion in 2025, then decreased by 8.45% to $2.1 billion in 2026.
- The last three Cost of Revenue figures came in at $2.1 billion (Q2 2026), $2.6 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 9.84 Bn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 4.83 Bn |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 1.59 Bn |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 1.64 Bn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 2.08 Bn |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | 1.20 Bn |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 424.40 Mn |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 1.41 Bn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 574.79 Mn |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | 1.16 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 2.08 Bn |
| May 2, 2026 | 2.08 Bn |
| Jan 31, 2026 | 2.62 Bn |
| Jan 31, 2026 | 2.62 Bn |
| Nov 1, 2025 | 2.27 Bn |
| Nov 1, 2025 | 2.27 Bn |
| Aug 2, 2025 | 2.19 Bn |
| Aug 2, 2025 | 2.19 Bn |
| May 3, 2025 | 2.02 Bn |
| May 3, 2025 | 2.02 Bn |
| Feb 1, 2025 | 2.54 Bn |
| Feb 1, 2025 | 2.54 Bn |
| Nov 2, 2024 | 2.19 Bn |
| Nov 2, 2024 | 2.19 Bn |
| Aug 3, 2024 | 2.14 Bn |
| Aug 3, 2024 | 2.14 Bn |
| May 4, 2024 | 1.99 Bn |
| May 4, 2024 | 1.99 Bn |
| Feb 3, 2024 | 2.63 Bn |
| Feb 3, 2024 | 2.63 Bn |