Growth Metrics

Gap (GAP) Gross Margin (2016 - 2026)

Gap's Gross Margin history spans 17 years, with the latest figure at 42.36% for Q4 2025.

  • For Q4 2025, Gross Margin fell 34.0% year-over-year to 42.36%; the TTM value through Nov 2025 reached 41.01%, down 26.0%, while the annual FY2025 figure was 41.28%, 249.0% up from the prior year.
  • Gross Margin for Q4 2025 was 42.36% at Gap, up from 41.23% in the prior quarter.
  • Across five years, Gross Margin topped out at 43.29% in Q3 2021 and bottomed at 31.52% in Q2 2022.
  • The 5-year median for Gross Margin is 39.87% (2021), against an average of 39.01%.
  • The largest annual shift saw Gross Margin surged 2812bps in 2021 before it plummeted -932bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 42.13% in 2021, then decreased by -11bps to 37.36% in 2022, then increased by 11bps to 41.31% in 2023, then grew by 3bps to 42.7% in 2024, then dropped by -1bps to 42.36% in 2025.
  • Per Business Quant, the three most recent readings for GAP's Gross Margin are 42.36% (Q4 2025), 41.23% (Q3 2025), and 41.81% (Q2 2025).