Filing Flows › Gap (GAP) › Q1 FY27 › vs Q1 FY26
Gap (GAP) Q1 FY27 vs Q1 FY26 (year over year)
Gap's revenue rose $34.0M (+1%) from $3.5B in Q1 FY26 to $3.5B in Q1 FY27. Gross margin 40.5% against 41.8% (-1.3 pts).
Gap, Q1 FY27: revenue $3.5B (+1% year over year), operating margin 12.7%, net earnings $339M, operating cash flow $213M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 40.5% | 41.8% | -1.3 pts |
| Operating margin | 12.7% | 7.5% | +5.2 pts |
| Net margin | 9.7% | 5.6% | +4.1 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5B | $3.5B | $34.0M | +1% |
| Gross profit | $1.4B | $1.4B | −$31.0M | -2% |
| Cost of revenue | $2.1B | $2.0B | $65.0M | +3% |
| Operating profit | $445M | $260M | $185M | +71% |
| Operating expenses | $972M | $1.2B | −$216M | -18% |
| Pre-tax earnings | $450M | $263M | $187M | +71% |
| Net earnings | $339M | $193M | $146M | +76% |
| Income tax | $111M | $70.0M | $41.0M | +59% |
| Depreciation & amortization | $128M | $121M | $7.0M | +6% |
| Share-based compensation | $40.0M | $37.0M | $3.0M | +8% |
| Working capital & other | $294M | $491M | −$197M | -40% |
| Operating cash flow | $213M | −$140M | $353M | — |
Questions
How much did Gap's revenue grow year over year in Q1 FY27?
Gap's revenue rose $34.0M (+1%) from $3.5B in Q1 FY26 to $3.5B in Q1 FY27. Gross margin 40.5% against 41.8% (-1.3 pts).