Gap GAP
NYSE GAP
$20.91 -0.45 (-2.11%)
As of: Sep 10, 2026 · 3:59 PM EDT

Gap (GAP) Gross Margin (2009 - 2026)

Gap's (GAP) quarterly Gross Margin came in at 52.83% in Q3 2026, up 1160.0% year-over-year from 4.19% in Q3 2025, and up 30.39% quarter-over-quarter from 40.52% in Q2 2026.

Analysis

Gap (GAP) Gross Margin (2009 - 2026) Analysis & Trends

Gap has disclosed Gross Margin across 18 years of filings, most recently posting 52.83% for Q3 2026.

  • In Q3 2026, Gross Margin rose 1160.0% year-over-year to 52.83%; the TTM figure through Aug 2026 stood at 43.26% (up 217.0% YoY), while the FY2026 annual figure was 40.79%, down 49.0% from the prior year.
  • Gross Margin came in at 52.83% for Q3 2026 at Gap, up from 40.52% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 52.83% in Q3 2026 to a low of 31.52% in Q2 2022.
  • Average Gross Margin over 5 years is 39.35%, with a median of 38.9% recorded in 2024.
  • Year-over-year, Gross Margin tumbled 932 bps in 2022 and soared 1160 bps in 2026.
  • Over 5 years, Gross Margin stood at 37.36% in 2022, then gained by 11 bps to 41.31% in 2023, then climbed by 3 bps to 42.7% in 2024, then fell by 1 bps to 42.36% in 2025, then grew by 25 bps to 52.83% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 52.83% in Q3 2026, 40.52% in Q2 2026, and 38.1% in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tjx Companies 139.66 Bn 133.65 Bn 5.07 Bn 33.41%
2 Ross Stores 71.61 Bn 67.32 Bn 2.12 Bn 33.83%
3 Burlington Stores 14.97 Bn 14.27 Bn 1.39 Bn 46.24%
4 Gap 7.43 Bn 4.94 Bn 1.93 Bn 52.83%
5 Urban Outfitters 6.62 Bn 6.20 Bn 542.57 Mn 36.63%
6 Abercrombie & Fitch 6.27 Bn 5.63 Bn 822.65 Mn 64.94%
7 Victoria's Secret 5.86 Bn 5.34 Bn 759.00 Mn 47.11%
8 Boot Barn Holdings 4.30 Bn 4.16 Bn - -
9 American Eagle Outfitters 2.44 Bn 2.34 Bn 456.17 Mn 38.16%
10 Buckle 2.04 Bn 1.75 Bn 133.48 Mn 46.23%
Historic Data

Historic Data

Download Data
DateValue
Aug 1, 2026 52.83%
May 2, 2026 40.52%
Jan 31, 2026 38.10%
Nov 1, 2025 42.36%
Aug 2, 2025 41.23%
May 3, 2025 41.81%
Feb 1, 2025 38.85%
Nov 2, 2024 42.70%
Aug 3, 2024 42.55%
May 4, 2024 41.23%
Feb 3, 2024 38.90%
Oct 28, 2023 41.31%
Jul 29, 2023 37.57%
Apr 29, 2023 37.06%
Jan 28, 2023 33.56%
Oct 29, 2022 37.36%
Jul 30, 2022 34.48%
Apr 30, 2022 31.52%
Jan 29, 2022 33.66%
Oct 30, 2021 42.13%