Gap (GAP) Current Taxes (2009 - 2026)
Gap's (GAP) quarterly Current Taxes came in at $38.0 million in Q3 2026, up 31.03% year-over-year from $29.0 million in Q3 2025, and down 57.3% quarter-over-quarter from $89.0 million in Q2 2026.
Analysis
Gap (GAP) Current Taxes (2009 - 2026) Analysis & Trends
Gap has disclosed Current Taxes across 18 years of filings, most recently posting $38.0 million for Q3 2026.
- In Q3 2026, Current Taxes rose 31.03% year-over-year to $38.0 million; the TTM figure through Aug 2026 stood at $38.0 million (up 31.03% YoY), while the FY2026 annual figure was $55.0 million, up 3.77% from the prior year.
- Current Taxes came in at $38.0 million for Q3 2026 at Gap, down from $89.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $89.0 million in Q2 2026 to a low of $10.0 million in Q2 2023.
- Average Current Taxes over 5 years is $43.9 million, with a median of $41.0 million recorded in 2022.
- Year-over-year, Current Taxes plunged 65.52% in 2023 and soared 340.0% in 2024.
- Over 5 years, Current Taxes stood at $57.0 million in 2022, then slumped by 57.89% to $24.0 million in 2023, then surged by 108.33% to $50.0 million in 2024, then decreased by 24.0% to $38.0 million in 2025, then changed by 0.0% to $38.0 million in 2026.
- Per Business Quant data, the three most recent Current Taxes figures were $38.0 million in Q3 2026, $89.0 million in Q2 2026, and $55.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 139.66 Bn | 133.65 Bn | 5.07 Bn | 250.00 Mn |
| 2 | Ross Stores | 71.61 Bn | 67.32 Bn | 2.12 Bn | 84.92 Mn |
| 3 | Burlington Stores | 14.97 Bn | 14.27 Bn | 1.39 Bn | - |
| 4 | Gap | 7.43 Bn | 4.94 Bn | 1.93 Bn | 38.00 Mn |
| 5 | Urban Outfitters | 6.62 Bn | 6.20 Bn | 542.57 Mn | - |
| 6 | Abercrombie & Fitch | 6.27 Bn | 5.63 Bn | 822.65 Mn | 38.87 Mn |
| 7 | Victoria's Secret | 5.86 Bn | 5.34 Bn | 759.00 Mn | 54.00 Mn |
| 8 | Boot Barn Holdings | 4.30 Bn | 4.16 Bn | - | - |
| 9 | American Eagle Outfitters | 2.44 Bn | 2.34 Bn | 456.17 Mn | 44.09 Mn |
| 10 | Buckle | 2.04 Bn | 1.75 Bn | 133.48 Mn | 26.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 38.00 Mn |
| May 2, 2026 | 89.00 Mn |
| Jan 31, 2026 | 55.00 Mn |
| Nov 1, 2025 | 38.00 Mn |
| Aug 2, 2025 | 29.00 Mn |
| May 3, 2025 | 88.00 Mn |
| Feb 1, 2025 | 53.00 Mn |
| Nov 2, 2024 | 50.00 Mn |
| Aug 3, 2024 | 60.00 Mn |
| May 4, 2024 | 44.00 Mn |
| Feb 3, 2024 | 39.00 Mn |
| Oct 28, 2023 | 24.00 Mn |
| Jul 29, 2023 | 16.00 Mn |
| Apr 29, 2023 | 10.00 Mn |
| Jan 28, 2023 | 50.00 Mn |
| Oct 29, 2022 | 57.00 Mn |
| Jul 30, 2022 | 41.00 Mn |
| Apr 30, 2022 | 29.00 Mn |
| Jan 29, 2022 | 25.00 Mn |
| Oct 30, 2021 | 33.00 Mn |