Gap (GAP) Operating Leases (2019 - 2026)
Gap (GAP) reported Operating Leases of $3.5 billion for Q2 2026, up 4.64% on a YoY basis from $3.4 billion in Q2 2025, and up 0.98% sequentially from $3.5 billion in Q1 2026.
Gap (GAP) Operating Leases (2019 - 2026) Analysis & Trends
Gap (GAP) has 8 years of Operating Leases data on file, last reported at $3.5 billion in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 4.64% year-over-year to $3.5 billion; the trailing twelve-month figure through May 2026 stood at $3.5 billion (up 4.64% YoY), and the FY2026 full-year result was $3.5 billion, up 3.94% from the prior year.
- Operating Leases improved to $3.5 billion in Q2 2026, from $3.5 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $4.0 billion in Q1 2022 to a low of $3.4 billion in Q1 2024.
- A 5-year average of $3.5 billion and a median of $3.5 billion in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases dropped 12.79% in 2023 and rose 4.64% in 2026, its largest moves.
- Tracing GAP's Operating Leases over 5 years: stood at $3.7 billion in 2022, then slipped by 5.91% to $3.5 billion in 2023, then retreated by 2.78% to $3.4 billion in 2024, then grew by 1.07% to $3.4 billion in 2025, then increased by 3.62% to $3.5 billion in 2026.
- Business Quant data shows GAP's Operating Leases at $3.5 billion in Q2 2026, $3.5 billion in Q1 2026, and $3.4 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 3.52 Bn |
| Jan 31, 2026 | 3.49 Bn |
| Nov 1, 2025 | 3.40 Bn |
| Aug 2, 2025 | 3.47 Bn |
| May 3, 2025 | 3.36 Bn |
| Feb 1, 2025 | 3.35 Bn |
| Nov 2, 2024 | 3.36 Bn |
| Aug 3, 2024 | 3.36 Bn |
| May 4, 2024 | 3.39 Bn |
| Feb 3, 2024 | 3.35 Bn |
| Oct 28, 2023 | 3.46 Bn |
| Jul 29, 2023 | 3.43 Bn |
| Apr 29, 2023 | 3.45 Bn |
| Jan 28, 2023 | 3.52 Bn |
| Oct 29, 2022 | 3.67 Bn |
| Jul 30, 2022 | 3.86 Bn |
| Apr 30, 2022 | 3.92 Bn |
| Jan 29, 2022 | 4.03 Bn |
| Oct 30, 2021 | 4.16 Bn |
| Jul 31, 2021 | 4.35 Bn |