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| Date | Value |
|---|---|
| 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 |