Gap (GAP) Operating Margin (2009 - 2026)
Gap's (GAP) quarterly Operating Margin came in at 18.52% in Q3 2026, up 1068.0% year-over-year from 1.59% in Q3 2025, and up 45.5% quarter-over-quarter from 12.73% in Q2 2026.
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Gap (GAP) Operating Margin (2009 - 2026) Analysis & Trends
Gap has disclosed Operating Margin across 18 years of filings, most recently posting 18.52% for Q3 2026.
- In Q3 2026, Operating Margin rose 1068.0% year-over-year to 18.52%; the TTM figure through Aug 2026 stood at 10.99% (up 330.0% YoY), while the FY2026 annual figure was 7.26%, down 11.0% from the prior year.
- Operating Margin came in at 18.52% for Q3 2026 at Gap, up from 12.73% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.52% in Q3 2026 to a low of 5.67% in Q2 2022.
- Average Operating Margin over 5 years is 5.36%, with a median of 6.05% recorded in 2024.
- Year-over-year, Operating Margin tumbled 1168 bps in 2022 and soared 1068 bps in 2026.
- Over 5 years, Operating Margin stood at 4.61% in 2022, then jumped by 44 bps to 6.64% in 2023, then soared by 40 bps to 9.27% in 2024, then retreated by 9 bps to 8.47% in 2025, then soared by 119 bps to 18.52% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 18.52% in Q3 2026, 12.73% in Q2 2026, and 5.41% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 145.45 Bn | 139.45 Bn | 5.07 Bn | 13.09% |
| 2 | Ross Stores | 73.74 Bn | 69.46 Bn | 2.12 Bn | 17.62% |
| 3 | Burlington Stores | 16.67 Bn | 15.97 Bn | 1.39 Bn | -45.70% |
| 4 | Gap | 7.87 Bn | 5.38 Bn | 1.93 Bn | 18.52% |
| 5 | Urban Outfitters | 6.93 Bn | 6.52 Bn | 542.57 Mn | 9.43% |
| 6 | Abercrombie & Fitch | 6.36 Bn | 5.74 Bn | 822.65 Mn | 19.95% |
| 7 | Victoria's Secret | 6.04 Bn | 5.58 Bn | 759.00 Mn | 15.95% |
| 8 | Boot Barn Holdings | 4.70 Bn | 4.56 Bn | - | - |
| 9 | American Eagle Outfitters | 2.91 Bn | 2.81 Bn | 456.17 Mn | 2.36% |
| 10 | Buckle | 2.22 Bn | 1.93 Bn | 133.48 Mn | 20.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 18.52% |
| May 2, 2026 | 12.73% |
| Jan 31, 2026 | 5.41% |
| Nov 1, 2025 | 8.47% |
| Aug 2, 2025 | 7.84% |
| May 3, 2025 | 7.51% |
| Feb 1, 2025 | 6.24% |
| Nov 2, 2024 | 9.27% |
| Aug 3, 2024 | 7.88% |
| May 4, 2024 | 6.05% |
| Feb 3, 2024 | 4.98% |
| Oct 28, 2023 | 6.64% |
| Jul 29, 2023 | 2.99% |
| Apr 29, 2023 | -0.31% |
| Jan 28, 2023 | -0.71% |
| Oct 29, 2022 | 4.61% |
| Jul 30, 2022 | -0.73% |
| Apr 30, 2022 | -5.67% |
| Jan 29, 2022 | 0.18% |
| Oct 30, 2021 | 3.88% |