Gap (GAP) Net Margin (2009 - 2026)

Gap (GAP) reported Net Margin of 9.69% for Q2 2026, up 412.0% on a YoY basis from 1.89% in Q2 2025, and up 140.14% sequentially from 4.04% in Q1 2026.

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

Gap (GAP) has 18 years of Net Margin data on file, last reported at 9.69% in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin rose 412.0% year-over-year to 9.69%; the trailing twelve-month figure through May 2026 stood at 6.25% (up 45.0% YoY), and the FY2026 full-year result was 5.31%, down 28.0% from the prior year.
  • Net Margin advanced to 9.69% in Q2 2026, from 4.04% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 9.69% in Q2 2026 to a low of 6.43% in Q1 2023.
  • A 5-year average of 3.36% and a median of 4.81% in 2024 frame the typical range for Net Margin.
  • Peak annual rise in Net Margin reached 1084 bps in 2022, while the deepest fall reached 882 bps in 2022.
  • Tracing GAP's Net Margin over 5 years: stood at 6.98% in 2022, then decreased by 17 bps to 5.79% in 2023, then increased by 24 bps to 7.16% in 2024, then slipped by 16 bps to 5.99% in 2025, then surged by 62 bps to 9.69% in 2026.
  • Business Quant data shows GAP's Net Margin at 9.69% in Q2 2026, 4.04% in Q1 2026, and 5.99% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 9.30%
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 9.73%
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn 4.02%
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 16.12%
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 9.69%
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 3.65%
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 7.81%
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 12.16%
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 6.12%
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn -7.86%

Historic Data

Download Data
DateValue
May 2, 2026 9.69%
Jan 31, 2026 4.04%
Nov 1, 2025 5.99%
Aug 2, 2025 5.80%
May 3, 2025 5.57%
Feb 1, 2025 4.97%
Nov 2, 2024 7.16%
Aug 3, 2024 5.54%
May 4, 2024 4.66%
Feb 3, 2024 4.30%
Oct 28, 2023 5.79%
Jul 29, 2023 3.30%
Apr 29, 2023 -0.55%
Jan 28, 2023 -6.43%
Oct 29, 2022 6.98%
Jul 30, 2022 -1.27%
Apr 30, 2022 -4.66%
Jan 29, 2022 -0.35%
Oct 30, 2021 -3.85%
Jul 31, 2021 6.13%