Gap (GAP) Gross Margin (2009 - 2026)

Gap has disclosed Gross Margin across 18 years of filings, most recently posting 40.52% for Q2 2026.

• Gross Margin for Q2 2026 came in at 40.52%, down 129.0% year-over-year; the trailing twelve-month figure through May 2026 was 40.5% (down 91.0% YoY), and the FY2026 annual result was 40.79%, down 49.0% from the prior year.
• Gross Margin came in at 40.52% for Q2 2026 at Gap, up from 38.1% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 42.7% in Q4 2024 to a low of 31.52% in Q2 2022.
• The 5-year median for Gross Margin is 38.88% (2024), against an average of 38.6%.
• Across the five-year window, Gross Margin plunged 932 bps in 2022 and soared 554 bps in 2023, its largest moves.
• Gap's 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 fell by 4 bps to 40.52% in 2026.
• The last three Gross Margin figures came in at 40.52% (Q2 2026), 38.1% (Q1 2026), and 42.36% (Q4 2025), per Business Quant data.