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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |