Gap (GAP) Net Margin (2009 - 2026)
Gap's (GAP) quarterly Net Margin came in at 9.69% in Q2 2026, up 412.0% year-on-year from 1.89% in Q2 2025, and up 140.14% quarter-over-quarter from 4.04% in Q1 2026.
Gap (GAP) Net Margin (2009 - 2026) Analysis & Trends
Gap has disclosed Net Margin across 18 years of filings, most recently posting 9.69% for Q2 2026.
- Net Margin for Q2 2026 came in at 9.69%, up 412.0% year-over-year; the trailing twelve-month figure through May 2026 was 6.25% (up 45.0% YoY), and the FY2026 annual result was 5.31%, down 28.0% from the prior year.
- Net Margin came in at 9.69% for Q2 2026 at Gap, up 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.
- The 5-year median for Net Margin is 4.81% (2024), against an average of 3.36%.
- Peak annual rise in Net Margin reached 1084 bps in 2022, while the deepest fall reached 882 bps in 2022.
- Gap's Net Margin stood at 6.98% in 2022, then slipped by 17 bps to 5.79% in 2023, then rose by 24 bps to 7.16% in 2024, then dropped by 16 bps to 5.99% in 2025, then soared by 62 bps to 9.69% in 2026.
- The last three Net Margin figures came in at 9.69% (Q2 2026), 4.04% (Q1 2026), and 5.99% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 9.30% |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 9.73% |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 4.02% |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 16.12% |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 9.69% |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | -25.17% |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 12.16% |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 8.81% |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 10.47% |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | -8.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |