Gap Inc (GAP) stock
GAPNYSERetail-Family Clothing StoresFiscal year ends February 1
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Aug 28, 2026Score 17/3043% below fair value
$21.53−0.44 (-2.00%)
Close on Nov 11, 2026Market cap $7.56BP/E 6.4Yield 3.07%
Gap gross margin
Gross margin is gross profit as a percentage of revenue.
Gap's gross margin for the twelve months ending Aug 1, 2026 was 43.3%. For fiscal 2025 it was 40.8%, against 41.3% the year before. The highest annual figure on record is 41.3% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Jan 31, 2026 | 40.8% | −0.5 |
| FY2024 | Feb 1, 2025 | 41.3% | +2.5 |
| FY2023 | Feb 3, 2024 | 38.8% | +4.5 |
| FY2022 | Jan 28, 2023 | 34.3% | −5.5 |
| FY2021 | Jan 29, 2022 | 39.8% | +5.7 |
| FY2020 | Jan 30, 2021 | 34.1% | −3.3 |
| FY2019 | Feb 1, 2020 | 37.4% | −0.7 |
| FY2018 | Feb 2, 2019 | 38.1% | −0.1 |
| FY2017 | Feb 3, 2018 | 38.3% | +1.9 |
| FY2016 | Jan 28, 2017 | 36.3% | +0.1 |
| FY2015 | Jan 30, 2016 | 36.2% | −2.1 |
| FY2014 | Jan 31, 2015 | 38.3% | −0.7 |
| FY2013 | Feb 1, 2014 | 39.0% | −0.5 |
| FY2012 | Feb 2, 2013 | 39.4% | +3.2 |
| FY2011 | Jan 28, 2012 | 36.2% | −3.9 |
| FY2010 | Jan 29, 2011 | 40.2% | −0.2 |
| FY2009 | Jan 30, 2010 | 40.3% | +2.8 |
| FY2008 | Jan 31, 2009 | 37.5% | +1.4 |
| FY2007 | Feb 2, 2008 | 36.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026CQ2 2026 | Aug 1, 2026 | 52.8% | +11.6 |
| Q1 FY2026CQ1 2026 | May 2, 2026 | 40.5% | −1.3 |
| Q4 FY2025CQ4 2025 | Jan 31, 2026 | 38.1% | −0.8 |
| Q3 FY2025CQ3 2025 | Nov 1, 2025 | 42.4% | −0.3 |
| Q2 FY2025CQ2 2025 | Aug 2, 2025 | 41.2% | −1.3 |
| Q1 FY2025CQ1 2025 | May 3, 2025 | 41.8% | +0.6 |
| Q4 FY2024CQ4 2024 | Feb 1, 2025 | 38.9% | −0.0 |
| Q3 FY2024CQ3 2024 | Nov 2, 2024 | 42.7% | +1.4 |
| Q2 FY2024CQ2 2024 | Aug 3, 2024 | 42.6% | +5.0 |
| Q1 FY2024CQ1 2024 | May 4, 2024 | 41.2% | +4.2 |
| Q4 FY2023CQ4 2023 | Feb 3, 2024 | 38.9% | +5.3 |
| Q3 FY2023CQ3 2023 | Oct 28, 2023 | 41.3% | +3.9 |
| Q2 FY2023CQ2 2023 | Jul 29, 2023 | 37.6% | +3.1 |
| Q1 FY2023CQ1 2023 | Apr 29, 2023 | 37.1% | +5.5 |
| Q4 FY2022CQ4 2022 | Jan 28, 2023 | 33.6% | −0.1 |
| Q3 FY2022CQ3 2022 | Oct 29, 2022 | 37.4% | −4.8 |
| Q2 FY2022CQ2 2022 | Jul 30, 2022 | 34.5% | −8.8 |
| Q1 FY2022CQ1 2022 | Apr 30, 2022 | 31.5% | −9.3 |
| Q4 FY2021CQ4 2021 | Jan 29, 2022 | 33.7% | −4.0 |
| Q3 FY2021CQ3 2021 | Oct 30, 2021 | 42.1% | +1.6 |
| Q2 FY2021CQ2 2021 | Jul 31, 2021 | 43.3% | +8.2 |
| Q1 FY2021CQ1 2021 | May 1, 2021 | 40.8% | +28.1 |
| Q4 FY2020CQ4 2020 | Jan 30, 2021 | 37.7% | +1.9 |
| Q3 FY2020CQ3 2020 | Oct 31, 2020 | 40.6% | +1.6 |
| Q2 FY2020CQ2 2020 | Aug 1, 2020 | 35.1% | −3.8 |
| Q1 FY2020CQ1 2020 | May 2, 2020 | 12.7% | −23.5 |
| Q4 FY2019CQ4 2019 | Feb 1, 2020 | 35.8% | +0.2 |
| Q3 FY2019CQ3 2019 | Nov 2, 2019 | 39.0% | −0.7 |
| Q2 FY2019CQ2 2019 | Aug 3, 2019 | 38.9% | −1.0 |
| Q1 FY2019CQ1 2019 | May 4, 2019 | 36.3% | −1.5 |
| Q4 FY2018CQ4 2018 | Feb 2, 2019 | 35.6% | −1.2 |
| Q3 FY2018CQ3 2018 | Nov 3, 2018 | 39.7% | −0.0 |
| Q2 FY2018CQ2 2018 | Aug 4, 2018 | 39.8% | +0.9 |
| Q1 FY2018CQ1 2018 | May 5, 2018 | 37.7% | −0.2 |
| Q4 FY2017CQ4 2017 | Feb 3, 2018 | 36.8% | +2.9 |
| Q3 FY2017CQ3 2017 | Oct 28, 2017 | 39.7% | +0.4 |
| Q2 FY2017CQ2 2017 | Jul 29, 2017 | 38.9% | – |
| Q1 FY2017CQ1 2017 | Apr 29, 2017 | 37.9% | – |
| Q4 FY2016CQ4 2016 | Jan 28, 2017 | 33.9% | – |
| Q3 FY2016CQ3 2016 | Oct 29, 2016 | 39.3% | – |
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