Gap (GAP) Tax Provisions (2009 - 2026)

Gap's (GAP) quarterly Tax Provisions came in at $111.0 million in Q2 2026, up 58.57% year-on-year from $70.0 million in Q2 2025, and up 70.77% quarter-over-quarter from $65.0 million in Q1 2026.

Gap (GAP) Tax Provisions (2009 - 2026) Analysis & Trends

Gap has disclosed Tax Provisions across 18 years of filings, most recently posting $111.0 million for Q2 2026.

  • Tax Provisions for Q2 2026 came in at $111.0 million, up 58.57% year-over-year; the trailing twelve-month figure through May 2026 was $357.0 million (up 14.06% YoY), and the FY2026 annual result was $316.0 million, up 7.85% from the prior year.
  • Tax Provisions came in at $111.0 million for Q2 2026 at Gap, up from $65.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $230.0 million in Q1 2023 to a low of -$114.0 million in Q4 2022.
  • The 5-year median for Tax Provisions is $57.5 million (2024), against an average of $46.9 million.
  • Peak annual rise in Tax Provisions reached 2775.0% in 2023, while the deepest fall reached 1000.0% in 2023.
  • Gap's Tax Provisions stood at -$114.0 million in 2022, then jumped by 128.07% to $32.0 million in 2023, then jumped by 171.88% to $87.0 million in 2024, then climbed by 16.09% to $101.0 million in 2025, then climbed by 9.9% to $111.0 million in 2026.
  • The last three Tax Provisions figures came in at $111.0 million (Q2 2026), $65.0 million (Q1 2026), and $101.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 389.00 Mn
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 202.40 Mn
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn 27.90 Mn
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn 226.39 Mn
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 111.00 Mn
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn 27.04 Mn
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn 28.94 Mn
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 15.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn 67.59 Mn
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn 26.64 Mn

Historic Data

Download Data
DateValue
May 2, 2026 111.00 Mn
Jan 31, 2026 65.00 Mn
Nov 1, 2025 101.00 Mn
Aug 2, 2025 80.00 Mn
May 3, 2025 70.00 Mn
Feb 1, 2025 66.00 Mn
Nov 2, 2024 87.00 Mn
Aug 3, 2024 90.00 Mn
May 4, 2024 50.00 Mn
Feb 3, 2024 33.00 Mn
Oct 28, 2023 32.00 Mn
Jul 29, 2023 -9.00 Mn
Apr 29, 2023 -2.00 Mn
Jan 28, 2023 230.00 Mn
Oct 29, 2022 -114.00 Mn
Jul 30, 2022 1.00 Mn
Apr 30, 2022 -54.00 Mn
Jan 29, 2022 8.00 Mn
Oct 30, 2021 -63.00 Mn
Jul 31, 2021 101.00 Mn