Revenue $3.65B, down 2.0% on a year earlier. Diluted EPS $1.38 against $0.57.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $3.65B | $3.50B | $3.73B | -2.0% |
| Operating income | $676.00M | $445.00M | $292.00M | +131.5% |
| Net income | $501.00M | $339.00M | $216.00M | +131.9% |
| Diluted EPS | $1.38 | $0.90 | $0.57 | |
| Operating cash flow | $337.00M | $213.00M | $448.00M | -24.8% |
| Capital expenditures | -$154.00M | -$135.00M | -$98.00M | |
| Free cash flow | $183.00M | $78.00M | $350.00M | -47.7% |
| Dividend per share | $0.17 | $0.17 | $0.17 |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Net sales growth | -1.99% | 0.13% | |
| Comparable sales growth | -1% | 1% | |
| Banana Republic Global Comparable Sales Growth | 3% | 4% | |
| Old Navy comparable sales growth | -4% | 2% | |
| Online Net Sales Growth | -1% | 3% | |
| Gap Global Comparable Sales Growth | 10% | 1% | |
| Online Sales Penetration | 35% | 34% | |
| Athleta comparable sales growth | -12% | -9% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Gap (GAP) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/GAP/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
