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
DateValue
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