Gap (GAP) Current Taxes (2009 - 2026)
Gap's (GAP) quarterly Current Taxes came in at $89.0 million in Q2 2026, up 1.14% year-on-year from $88.0 million in Q2 2025, and up 61.82% quarter-over-quarter from $55.0 million in Q1 2026.
Gap (GAP) Current Taxes (2009 - 2026) Analysis & Trends
Gap has disclosed Current Taxes across 18 years of filings, most recently posting $89.0 million for Q2 2026.
- Current Taxes for Q2 2026 came in at $89.0 million, up 1.14% year-over-year; the trailing twelve-month figure through May 2026 was $89.0 million (up 1.14% YoY), and the FY2026 annual result was $55.0 million, up 3.77% from the prior year.
- Current Taxes came in at $89.0 million for Q2 2026 at Gap, up from $55.0 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.
- The 5-year median for Current Taxes is $42.5 million (2022), against an average of $44.3 million.
- Across the five-year window, Current Taxes sank 65.52% in 2023 and surged 340.0% in 2024, its largest moves.
- Gap's Current Taxes stood at $57.0 million in 2022, then plunged 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 surged by 134.21% to $89.0 million in 2026.
- The last three Current Taxes figures came in at $89.0 million (Q2 2026), $55.0 million (Q1 2026), and $38.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 260.00 Mn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 61.78 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 | 43.95 Mn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 89.00 Mn |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | 31.54 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 | 42.00 Mn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 21.72 Mn |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | 41.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 27.00 Mn |