Gildan Activewear (GIL) Tax Provisions (2009 - 2026)
Gildan Activewear (GIL) posted quarterly Tax Provisions of $16.2 million for Q2 2026, down 63.71% year-over-year from $44.7 million in Q2 2025, and up 225.11% quarter-over-quarter from -$13.0 million in Q1 2026.
Gildan Activewear (GIL) Tax Provisions (2009 - 2026) Analysis & Trends
Gildan Activewear (GIL) has reported Tax Provisions for 18 consecutive years, with $16.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 63.71% year-over-year to $16.2 million; the TTM figure through Jun 2026 stood at $80.5 million (down 27.31% YoY), while the FY2025 annual figure was $77.3 million, down 31.76% from the prior year.
- Tax Provisions climbed to $16.2 million in Q2 2026 per GIL's latest filing, from -$13.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $72.9 million in Q3 2025 and bottomed at -$13.0 million in Q1 2026.
- Historically, Tax Provisions has averaged $15.5 million across 5 years, with a median of $8.8 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions tumbled 204.41% — and 2024, when it soared 715.79%.
- Gildan Activewear's Tax Provisions stood at $12.2 million in 2022, then sank by 70.49% to $3.6 million in 2023, then jumped by 447.92% to $19.7 million in 2024, then plunged by 77.99% to $4.3 million in 2025, then soared by 273.4% to $16.2 million in 2026.
- Business Quant data shows GIL's Tax Provisions at $16.2 million in Q2 2026, -$13.0 million in Q1 2026, and $4.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 80.00 Mn |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 16.21 Mn |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 27.40 Mn |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | -9.74 Mn |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 18.53 Mn |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 20.50 Mn |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | 9.73 Mn |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | 8.50 Mn |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 28.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 16.21 Mn |
| Mar 29, 2026 | -12.96 Mn |
| Dec 28, 2025 | 4.34 Mn |
| Sep 28, 2025 | 72.92 Mn |
| Jun 29, 2025 | 44.67 Mn |
| Mar 30, 2025 | 15.10 Mn |
| Dec 29, 2024 | 19.73 Mn |
| Sep 29, 2024 | 31.25 Mn |
| Jun 30, 2024 | 46.50 Mn |
| Mar 31, 2024 | 3.70 Mn |
| Dec 31, 2023 | 3.60 Mn |
| Sep 30, 2023 | 6.90 Mn |
| Jun 30, 2023 | 5.70 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 |