Gap (GAP) Tax Provision: $-357 Mil (TTM As of Apr. 2026)


GAP Gap Inc GAP
73 GF Score
Price $18.47
GF Value $22.55
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Gap Tax Provision?

Gap GAP -3.17% 73 Tax Provision is $-357 Mil as of Apr. 2026. GuruFocus rates GAP with a GF Score™ of 73/100 and a GF Value™ of $22.55 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Gap's tax provision for the three months ended in Apr. 2026 was $-111 Mil. Its tax provision for the trailing twelve months (TTM) ended in Apr. 2026 was $-357 Mil.

Gap Tax Provision Historical Data

* Premium members only.

The historical data trend for Gap's Tax Provision 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 Tax Provision Chart

Gap Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.00 -63.00 -54.00 -293.00 -316.00

Gap Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Provision 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 -70.00 -80.00 -101.00 -65.00 -111.00
GAP
73GF Score
Gap Inc GAP
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Gap Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-357 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 Tax Provision →
What does a Tax Provision of $-357 Mil mean?
Gap (GAP) has a Tax Provision of $-357 Mil as of Apr. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Gap and its competitors.
Is Gap's Tax Provision too high?
Gap's current Tax Provision is $-357 Mil. Overall, Gap has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gap's Tax Provision compare to VSXY and URBN?
Gap's Tax Provision of $-357 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 Tax Provision for a Retail - Cyclical company?
A good Tax Provision depends on the Retail - Cyclical industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Gap and its competitors. Gap's current Tax Provision is $-357 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 Modestly Undervalued. The stock's GF Value™ is $22.55, compared to a current price of $18.47 — trading 18.1% below its estimated fair value. The current Tax Provision is $-357 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Gap (GAP), the current Tax Provision is $-357 Mil as of Apr. 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 $18.47 is trading 18.1% below its estimated GF Value™ of $22.55. GuruFocus considers Gap to be Modestly Undervalued.

Key valuation signals for GAP:

  • Tax Provision: $-357 Mil
  • GF Value™: $22.55 vs. price of $18.47 (18.1% 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 retails apparel, accessories, footwear, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
73GF Score

Get the complete analysis for GAP

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

$18.47
Price
$22.55
GF Value