Gildan Activewear (GIL) Tax Provisions (2011 - 2026)
Gildan Activewear (GIL) reported Tax Provisions of -$13.0 million for Q1 2026, down 185.82% year-over-year from $15.1 million in Q1 2025, and down 398.46% quarter-over-quarter from $4.3 million in Q4 2025.
Gildan Activewear (GIL) Tax Provisions (2011 - 2026) Analysis & Trends
Gildan Activewear (GIL) has 16 years of Tax Provisions data on file, last reported at -$13.0 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$13.0 million, down 185.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $49.2 million (down 60.52% YoY), and the FY2025 annual result was $77.3 million, down 31.76% from the prior year.
- Tax Provisions eased to -$13.0 million in Q1 2026 per GIL's latest filing, from $4.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $58.5 million in Q2 2024 and troughed at -$13.0 million in Q1 2026.
- A 5-year average of $12.9 million and a median of $8.6 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 204.41% in 2023, then soared 773.69% in 2024.
- A 5-year view of Tax Provisions shows it stood at $12.2 million in 2022, then plunged by 70.49% to $3.6 million in 2023, then soared by 447.92% to $19.7 million in 2024, then tumbled by 77.99% to $4.3 million in 2025, then plunged by 398.46% to -$13.0 million in 2026.
- Business Quant data shows GIL's Tax Provisions at -$13.0 million in Q1 2026, $4.3 million in Q4 2025, and $28.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 41.50 Mn |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 51.10 Mn |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | -44.05 Mn |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 28.06 Mn |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 20.50 Mn |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 12.97 Mn |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 866,000.00 |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 200,000.00 |
| 10 | Gildan Activewear | 120.12 Mn | -116.93 Mn | 278.35 Mn | -12.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | -12.96 Mn |
| Dec 28, 2025 | 4.34 Mn |
| Sep 28, 2025 | 28.24 Mn |
| Jun 29, 2025 | 29.57 Mn |
| Mar 30, 2025 | 15.10 Mn |
| Dec 29, 2024 | 19.73 Mn |
| Sep 29, 2024 | 31.25 Mn |
| Jun 30, 2024 | 58.54 Mn |
| Mar 31, 2024 | 3.70 Mn |
| Dec 31, 2023 | 3.60 Mn |
| Sep 30, 2023 | 6.90 Mn |
| Jun 30, 2023 | 6.70 Mn |
| Mar 31, 2023 | 13.40 Mn |
| Jan 1, 2023 | -4.55 Mn |
| Sep 30, 2022 | 12.20 Mn |
| Jun 30, 2022 | 8.40 Mn |
| Mar 31, 2022 | 8.80 Mn |
| Jan 2, 2022 | -1.50 Mn |
| Sep 30, 2021 | 7.70 Mn |
| Jun 30, 2021 | 6.70 Mn |