Gap (GAP) Pre-Tax Income: $1,703 Mil (TTM As of Jul. 2026)

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GAP Gap Inc GAP
73 GF Score
Price $21.52
GF Value $22.92
Valuation Fairly Valued
! 3 Warning Signs
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What is Gap Pre-Tax Income?

Gap GAP +1.27% 73 Pre-Tax Income is $1,703 Mil as of Jul. 2026. GuruFocus rates GAP with a GF Score™ of 73/100 and a GF Value™ of $22.92 (Fairly Valued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Gap's pretax income for the three months ended in Jul. 2026 was $680 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2026 was $1,703 Mil. Gap's pretax margin was 18.63%.

During the past 13 years, Gap's highest Pretax Margin was 11.11%. The lowest was -7.99%. And the median was 5.49%.


Gap  (NYSE:GAP) Pre-Tax Income Explanation

Gap's Pretax Margin for the quarter that ended in Jul. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=680/3651
=18.63%

During the past 13 years, Gap's highest Pretax Margin was 11.11%. The lowest was -7.99%. And the median was 5.49%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gap Pre-Tax Income Related Terms


Gap Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Gap's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gap Pre-Tax Income Chart

Gap Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 323.00 -139.00 556.00 1,137.00 1,132.00

Gap Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.00 337.00 236.00 450.00 680.00

GAP vs VSXY, URBN, ANF: Pre-Tax Income Comparison

For the Apparel Retail subindustry, Gap's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gap Pre-Tax Income vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gap's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Gap's Pre-Tax Income falls into.


GAP
73GF Score
Gap Inc GAP
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Gap Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Gap's Pretax Income for the fiscal year that ended in Jan. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1094++-93+110+21
=1,132

Gap's Pretax Income for the quarter that ended in Jul. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=657++-24+28+19
=680

Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,703 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $1,703 Mil mean?
Gap (GAP) has a Pre-Tax Income of $1,703 Mil as of Jul. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Gap and its competitors.
Is Gap's Pre-Tax Income too high?
Gap's current Pre-Tax Income is $1,703 Mil. Overall, Gap has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gap's Pre-Tax Income compare to VSXY and URBN?
Gap's Pre-Tax Income of $1,703 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Retail - Cyclical company?
A good Pre-Tax Income depends on the Retail - Cyclical industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Gap and its competitors. Gap's current Pre-Tax Income is $1,703 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gap stock overvalued right now?
Based on GuruFocus' analysis, Gap (GAP) is currently considered Fairly Valued. The stock's GF Value™ is $22.92, compared to a current price of $21.52 — trading 6.1% below its estimated fair value. The current Pre-Tax Income is $1,703 Mil. Gap's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Gap (GAP), the current Pre-Tax Income is $1,703 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gap (GAP) Overvalued in 2026?

Based on GuruFocus' analysis, Gap stock appears to be undervalued. The current stock price of $21.52 is trading 6.1% below its estimated GF Value™ of $22.92. GuruFocus considers Gap to be Fairly Valued.

Key valuation signals for GAP:

  • Pre-Tax Income: $1,703 Mil
  • GF Value™: $22.92 vs. price of $21.52 (6.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the GAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gap Business Description

Address Two Folsom Street, San Francisco, CA, USA, 94105
Gap Inc. is an American specialty apparel retailer that designs, markets, and sells clothing, accessories, and personal-care products primarily under its Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy accounts for the largest share of company sales, while Gap serves as the flagship brand, Banana Republic targets a more premium customer, and Athleta focuses on performance apparel for women and girls. The company sells through company-operated stores, outlet and factory stores, franchised locations, and e-commerce sites. Its primary market is North America, supplemented by operations and franchise agreements across Europe, Asia, Latin America, and other regions. Gap was founded in 1969 and is headquartered in San Francisco, California.
73GF Score

Get the complete analysis for GAP

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.52
Price
$22.92
GF Value