Gap (GAP) Net Margin (2009 - 2026)
Gap's (GAP) quarterly Net Margin came in at 13.72% in Q3 2026, up 792.0% year-over-year from 1.54% in Q3 2025, and up 41.55% quarter-over-quarter from 9.69% in Q2 2026.
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Gap (GAP) Net Margin (2009 - 2026) Analysis & Trends
Gap has disclosed Net Margin across 18 years of filings, most recently posting 13.72% for Q3 2026.
- In Q3 2026, Net Margin rose 792.0% year-over-year to 13.72%; the TTM figure through Aug 2026 stood at 8.14% (up 227.0% YoY), while the FY2026 annual figure was 5.31%, down 28.0% from the prior year.
- Net Margin came in at 13.72% for Q3 2026 at Gap, up from 9.69% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 13.72% in Q3 2026 to a low of 6.43% in Q1 2023.
- Average Net Margin over 5 years is 3.91%, with a median of 4.97% recorded in 2025.
- The largest YoY upside for Net Margin was 1084 bps in 2022 against a maximum downside of 882 bps in 2022.
- Over 5 years, 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 129 bps to 13.72% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 13.72% in Q3 2026, 9.69% in Q2 2026, and 4.04% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 139.66 Bn | 133.65 Bn | 5.07 Bn | 10.01% |
| 2 | Ross Stores | 71.61 Bn | 67.32 Bn | 2.12 Bn | 13.59% |
| 3 | Burlington Stores | 14.97 Bn | 14.27 Bn | 1.39 Bn | 6.14% |
| 4 | Gap | 7.43 Bn | 4.94 Bn | 1.93 Bn | 13.72% |
| 5 | Urban Outfitters | 6.62 Bn | 6.20 Bn | 542.57 Mn | 7.81% |
| 6 | Abercrombie & Fitch | 6.27 Bn | 5.63 Bn | 822.65 Mn | 14.65% |
| 7 | Victoria's Secret | 5.86 Bn | 5.34 Bn | 759.00 Mn | 11.67% |
| 8 | Boot Barn Holdings | 4.30 Bn | 4.16 Bn | - | - |
| 9 | American Eagle Outfitters | 2.44 Bn | 2.34 Bn | 456.17 Mn | 1.92% |
| 10 | Buckle | 2.04 Bn | 1.75 Bn | 133.48 Mn | 16.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 13.72% |
| 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% |