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
DateValue
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