Gap (GAP) Current Taxes (2009 - 2026)
Gap (GAP) posted Current Taxes of $89.0 million for Q2 2026, up 61.82% sequentially from $55.0 million in Q1 2026, and up 1.14% YoY from $88.0 million in Q2 2025.
Gap (GAP) Current Taxes (2009 - 2026) Analysis & Trends
Gap has reported Current Taxes for 18 years, with the latest figure at $89.0 million in Q2 2026.
- Quarterly Current Taxes rose 1.14% year-over-year to $89.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $89.0 million (up 1.14% YoY) and the FY2026 annual result came in at $55.0 million, up 3.77% from the prior year.
- Current Taxes improved to $89.0 million in Q2 2026 per GAP's latest filing, from $55.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $89.0 million in Q2 2026 and troughed at $10.0 million in Q2 2023.
- A 5-year average of $44.3 million and a median of $42.5 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2023 and 2024: Current Taxes sank 65.52% in 2023, then jumped 340.0% in 2024.
- Over 5 years, Current Taxes stood at $57.0 million in 2022, then plunged by 57.89% to $24.0 million in 2023, then jumped by 108.33% to $50.0 million in 2024, then dropped by 24.0% to $38.0 million in 2025, then jumped by 134.21% to $89.0 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $89.0 million, $55.0 million, and $38.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.79 Bn | 150.21 Bn | 4.48 Bn | 260.00 Mn |
| 2 | Ross Stores | 73.01 Bn | 68.88 Bn | 1.78 Bn | 210.97 Mn |
| 3 | Burlington Stores | 20.93 Bn | 20.19 Bn | 1.26 Bn | - |
| 4 | Lululemon Athletica | 13.36 Bn | 11.84 Bn | 1.34 Bn | 50.13 Mn |
| 5 | Gap | 7.23 Bn | 4.67 Bn | 1.42 Bn | 89.00 Mn |
| 6 | Victoria's Secret | 7.03 Bn | 6.82 Bn | 585.00 Mn | 33.00 Mn |
| 7 | Urban Outfitters | 6.38 Bn | 5.97 Bn | 542.57 Mn | - |
| 8 | Boot Barn Holdings | 4.90 Bn | 4.76 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.70 Bn | 4.08 Bn | 682.63 Mn | 31.71 Mn |
| 10 | American Eagle Outfitters | 2.69 Bn | 2.58 Bn | 456.17 Mn | 44.09 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 |