Filing Flows › Gap (GAP) › Operating margin
Gap (GAP) operating margin by quarter
Gap's operating margin was 18.5% in Q2 FY27 (second quarter fiscal 2027), +5.8 pts from Q1 FY27. Over the last 7 quarters it ranged from 5.4% (Q4 FY26) to 18.5% (Q2 FY27).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 18.5% | +5.8 pts | +10.7 pts |
| Q1 FY27 | 12.7% | +7.3 pts | +5.2 pts |
| Q4 FY26 | 5.4% | -3.1 pts | -0.8 pts |
| Q3 FY26 | 8.5% | +0.6 pts | — |
| Q2 FY26 | 7.8% | +0.3 pts | — |
| Q1 FY26 | 7.5% | +1.3 pts | — |
| Q4 FY25 | 6.2% | — | — |
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 operating margin?
Gap's operating margin was 18.5% in Q2 FY27 (second quarter fiscal 2027), +5.8 pts from Q1 FY27.
How has Gap's operating margin changed?
Over the last 7 quarters it ranged from 5.4% (Q4 FY26) to 18.5% (Q2 FY27).