Growth Metrics

Gap (GAP) Cost of Revenue (2016 - 2026)

Gap's Cost of Revenue history spans 17 years, with the latest figure at $2.3 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 3.56% year-over-year to $2.3 billion; the TTM value through Nov 2025 reached $9.0 billion, up 0.73%, while the annual FY2025 figure was $8.9 billion, 2.8% down from the prior year.
  • Cost of Revenue for Q4 2025 was $2.3 billion at Gap, up from $2.2 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.0 billion in Q1 2022 and bottomed at $2.0 billion in Q2 2024.
  • The 5-year median for Cost of Revenue is $2.3 billion (2021), against an average of $2.4 billion.
  • The largest annual shift saw Cost of Revenue rose 28.38% in 2021 before it dropped 13.4% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $2.3 billion in 2021, then increased by 10.87% to $2.5 billion in 2022, then dropped by 12.61% to $2.2 billion in 2023, then fell by 0.77% to $2.2 billion in 2024, then increased by 3.56% to $2.3 billion in 2025.
  • Per Business Quant, the three most recent readings for GAP's Cost of Revenue are $2.3 billion (Q4 2025), $2.2 billion (Q3 2025), and $2.0 billion (Q2 2025).