Gap (GAP) Operating Leases (2019 - 2026)
Gap's (GAP) quarterly Operating Leases came in at $3.5 billion in Q2 2026, up 4.64% year-on-year from $3.4 billion in Q2 2025, and up 0.98% quarter-over-quarter from $3.5 billion in Q1 2026.
Gap (GAP) Operating Leases (2019 - 2026) Analysis & Trends
Gap has disclosed Operating Leases across 8 years of filings, most recently posting $3.5 billion for Q2 2026.
- Operating Leases for Q2 2026 came in at $3.5 billion, up 4.64% year-over-year; the trailing twelve-month figure through May 2026 was $3.5 billion (up 4.64% YoY), and the FY2026 annual result was $3.5 billion, up 3.94% from the prior year.
- Operating Leases came in at $3.5 billion for Q2 2026 at Gap, up 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.
- The 5-year median for Operating Leases is $3.5 billion (2023), against an average of $3.5 billion.
- Across the five-year window, Operating Leases dropped 12.79% in 2023 and rose 4.64% in 2026, its largest moves.
- Gap's Operating Leases stood at $3.7 billion in 2022, then dropped by 5.91% to $3.5 billion in 2023, then decreased by 2.78% to $3.4 billion in 2024, then increased by 1.07% to $3.4 billion in 2025, then rose by 3.62% to $3.5 billion in 2026.
- The last three Operating Leases figures came in at $3.5 billion (Q2 2026), $3.5 billion (Q1 2026), and $3.4 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 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 |