Gap (GAP) Operating Income (2009 - 2026)
Gap (GAP) posted Operating Income of $445.0 million for Q2 2026, up 94.32% sequentially from $229.0 million in Q1 2026, and up 71.15% YoY from $260.0 million in Q2 2025.
Gap (GAP) Operating Income (2009 - 2026) Analysis & Trends
Gap has reported Operating Income for 18 years, with the latest figure at $445.0 million in Q2 2026.
- Quarterly Operating Income rose 71.15% year-over-year to $445.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.3 billion (up 11.4% YoY) and the FY2026 annual result came in at $1.1 billion, changed 0.27% from the prior year.
- Operating Income improved to $445.0 million in Q2 2026 per GAP's latest filing, from $229.0 million in the prior quarter.
- Over five years, Operating Income peaked at $445.0 million in Q2 2026 and troughed at -$197.0 million in Q2 2022.
- A 5-year average of $176.2 million and a median of $221.5 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income tumbled 475.0% in 2023, then surged 2150.0% in 2024.
- Over 5 years, Operating Income stood at $186.0 million in 2022, then surged by 34.41% to $250.0 million in 2023, then surged by 42.0% to $355.0 million in 2024, then slipped by 5.92% to $334.0 million in 2025, then surged by 33.23% to $445.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $445.0 million, $229.0 million, and $334.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.79 Bn | 150.21 Bn | 4.48 Bn | 1.69 Bn |
| 2 | Ross Stores | 73.01 Bn | 68.88 Bn | 1.78 Bn | 804.03 Mn |
| 3 | Burlington Stores | 20.93 Bn | 20.19 Bn | 1.26 Bn | -1.45 Bn |
| 4 | Lululemon Athletica | 13.36 Bn | 11.84 Bn | 1.34 Bn | 276.95 Mn |
| 5 | Gap | 7.23 Bn | 4.67 Bn | 1.42 Bn | 445.00 Mn |
| 6 | Victoria's Secret | 7.03 Bn | 6.82 Bn | 585.00 Mn | 76.00 Mn |
| 7 | Urban Outfitters | 6.38 Bn | 5.97 Bn | 542.57 Mn | 139.68 Mn |
| 8 | Boot Barn Holdings | 4.90 Bn | 4.76 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.70 Bn | 4.08 Bn | 682.63 Mn | 88.80 Mn |
| 10 | American Eagle Outfitters | 2.69 Bn | 2.58 Bn | 456.17 Mn | 28.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 445.00 Mn |
| Jan 31, 2026 | 229.00 Mn |
| Nov 1, 2025 | 334.00 Mn |
| Aug 2, 2025 | 292.00 Mn |
| May 3, 2025 | 260.00 Mn |
| Feb 1, 2025 | 259.00 Mn |
| Nov 2, 2024 | 355.00 Mn |
| Aug 3, 2024 | 293.00 Mn |
| May 4, 2024 | 205.00 Mn |
| Feb 3, 2024 | 214.00 Mn |
| Oct 28, 2023 | 250.00 Mn |
| Jul 29, 2023 | 106.00 Mn |
| Apr 29, 2023 | -10.00 Mn |
| Jan 28, 2023 | -30.00 Mn |
| Oct 29, 2022 | 186.00 Mn |
| Jul 30, 2022 | -28.00 Mn |
| Apr 30, 2022 | -197.00 Mn |
| Jan 29, 2022 | 8.00 Mn |
| Oct 30, 2021 | 153.00 Mn |
| Jul 31, 2021 | 409.00 Mn |