Filing Flows › Gap (GAP) › Gross margin
Gap (GAP) gross margin by quarter
Gap's gross margin was 52.8% in Q2 FY27 (second quarter fiscal 2027), +12.3 pts from Q1 FY27. Over the last 7 quarters it ranged from 38.1% (Q4 FY26) to 52.8% (Q2 FY27).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 52.8% | +12.3 pts | +11.6 pts |
| Q1 FY27 | 40.5% | +2.4 pts | -1.3 pts |
| Q4 FY26 | 38.1% | -4.3 pts | -0.8 pts |
| Q3 FY26 | 42.4% | +1.1 pts | — |
| Q2 FY26 | 41.2% | -0.6 pts | — |
| Q1 FY26 | 41.8% | +3.0 pts | — |
| Q4 FY25 | 38.9% | — | — |
Q2 FY27 at a glance
Gap, Q2 FY27: revenue $3.7B (-2% year over year), operating margin 18.5%, net earnings $501M, operating cash flow $337M. The chart follows the revenue to costs, profit and cash.
Questions
What is Gap's gross margin?
Gap's gross margin was 52.8% in Q2 FY27 (second quarter fiscal 2027), +12.3 pts from Q1 FY27.
How has Gap's gross margin changed?
Over the last 7 quarters it ranged from 38.1% (Q4 FY26) to 52.8% (Q2 FY27).