Gap (GAP) Operating Income (2009 - 2026)
Gap's (GAP) quarterly Operating Income came in at $445.0 million in Q2 2026, up 71.15% year-on-year from $260.0 million in Q2 2025, and up 94.32% quarter-over-quarter from $229.0 million in Q1 2026.
Gap (GAP) Operating Income (2009 - 2026) Analysis & Trends
Gap has disclosed Operating Income across 18 years of filings, most recently posting $445.0 million for Q2 2026.
- Operating Income for Q2 2026 came in at $445.0 million, up 71.15% year-over-year; the trailing twelve-month figure through May 2026 was $1.3 billion (up 11.4% YoY), and the FY2026 annual result was $1.1 billion, changed 0.27% from the prior year.
- Operating Income came in at $445.0 million for Q2 2026 at Gap, up from $229.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $445.0 million in Q2 2026 to a low of -$197.0 million in Q2 2022.
- The 5-year median for Operating Income is $221.5 million (2024), against an average of $176.2 million.
- Across the five-year window, Operating Income tumbled 475.0% in 2023 and soared 2150.0% in 2024, its largest moves.
- Gap's Operating Income stood at $186.0 million in 2022, then soared by 34.41% to $250.0 million in 2023, then soared by 42.0% to $355.0 million in 2024, then retreated by 5.92% to $334.0 million in 2025, then soared by 33.23% to $445.0 million in 2026.
- The last three Operating Income figures came in at $445.0 million (Q2 2026), $229.0 million (Q1 2026), and $334.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 1.69 Bn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 814.12 Mn |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 487.83 Mn |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 812.29 Mn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 445.00 Mn |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | -321.59 Mn |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 114.78 Mn |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 229.00 Mn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 235.93 Mn |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | 95.75 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 |